News Details
Chinese investors bid $2.08 billion McLaren takeover deal
Chinese investors bid $2.08 billion McLaren takeover deal An unnamed group of Chinese investors have reportedly tabled a 1.65 billion pound ($2.08 billion) bid to take over McLaren which has left team principal Ron Dennis' future with the team in uncertainty, Sky News reported on Friday. Dennis, chairman and CEO of the McLaren Group, owns 25% of the business, with another 25% owned by his business partner Mansour Ojjeh, with the remaining 50% owned by a Bahraini sovereign wealth fund. The report, written by city editor Mark Kleinman — It said the offer, which Sky understood was presented to shareholders by Dennis last week, involved an asset manager and private equity funding. No...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Chinese investors make $2-billion bid for McLaren
An unidentified consortium of Chinese investors has made a $2.08 billion...
9y ago from GrandPrix247.com
Dennis fighting for future
McLaren have rejected a £1.65 billion takeover bid from Chinese...
9y ago from SkySports.com
Ron Dennis to be suspended from McLaren duties this...
Ron Dennis will reportedly be suspended from his role as Chairman of...
9y ago from GrandPrixTimes.com
Dennis in court bid to save McLaren future - report
The future of McLaren chairman Ron Dennis was thrown into further doubt on...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
11h ago from Motorsport.com
Maverick Vinales “mentally stronger” than ever...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
2d ago from MotorsportWeek.c...
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
10h ago from MotorsportWeek.c...
Sunoco makes full-time IndyCar return as primary...
No description available...
11h ago from Motorsport.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
1d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Lancia reveals driver line-up for 2026 WRC return
No description available...
14h ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
2d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
2d ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'A big problem' – Mikel Arteta fires warning to...
Arsenal manager Mikel Arteta has fired a clear warning to any of his...
3h ago from CaughtOffside.com
Arsenal make decision on versatile star's future after...
Arsenal striker Gabriel Jesus has been linked with a move away from the...
7h ago from CaughtOffside.com
Arsenal vs Wolverhampton Wanderers Prediction and...
The Premier League is back in action with another set of matches this...
8h ago from SportsKeeda.com
Manchester United hold talks to sign midfielder who...
Manchester United are reportedly in talks with Arda Guler, as they look to...
12h ago from SportsKeeda.com
Comments
Hottest News
Mercedes to AXE McLaren engines? Toto Wolff admits plan to...
Toto Wolff has admitted Mercedes are considering... Read More »
7h ago from GPFans.com
Max Verstappen will leave Red Bull as part of exodus
Max Verstappen is no longer the world champion... Read More »
8h ago from GPFans.com
Oscar Piastri fans gatecrash Lando Norris's world champion...
Lando Norris's homecoming at McLaren was... Read More »
4h ago from GPFans.com
