News Details
McLaren Racing secures £185m investment from US sports group
The McLaren Group announced on Sunday that US sports group MSP Sports Capital has acquired a significant minority stake in McLaren Racing. MSP Sports Capital will invest a total of £185m into McLaren's racing entity, acquiring an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022. The transaction - destined to strengthen the Woking-based outfit's long-term plan for regular Formula 1 championship contention - values McLaren Racing at £560m, post-money. "This investment represents a key moment in the progress of McLaren Racing," commented McLaren Racing boss Zak Brown. "MSP Sports Capital is first and foremost a sports investor. They...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren announces £185m investment
The McLaren Group has announced that it has attracted significant new...
5y ago from Pitpass.com
Confirmed: McLaren sells shares to American investment...
McLaren have officially sold a large portion of their shares to MSP...
5y ago from GPBlog.com
McLaren poised to sell stake in deal worth £560m
McLaren are set to sell an initial 15 per cent stake in their Formula 1...
5y ago from PlanetF1.com
McLaren sell stake to US investment company
Abu Dhabi Grand Prix – McLaren are selling a big stake in their...
5y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Sepang shakedown test: Schedule, riders and how...
No description available...
6h ago from Motorsport.com
Why KTM thinks it "hasn't done enough yet"...
No description available...
7h ago from Motorsport.com
Aprilia confirms Jorge Martin will miss Sepang MotoGP...
No description available...
10h ago from Motorsport.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
D.C. race "would be massive opportunity for...
No description available...
2h ago from Motorsport.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
1d ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
1d ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
3h ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
1d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
2d ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal & Man United scramble for 35.97 km/hr...
Hoffenheim attacker Bazoumana Toure has done quite well for the German...
1h ago from CaughtOffside.com
Arsenal set £80m price tag as key star's agents...
Arsenal midfielder Martin Odegaard is reportedly considering a move away...
1h ago from CaughtOffside.com
Change it around for FC Kairat + Arteta's press...
Morning. We play our final league stage game of the Champions League this...
12h ago from Arseblog.com
Sources: Euro giants target move for summer signing...
Ajax have launched a major winter operation to add leadership, experience,...
12h ago from CaughtOffside.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 3
The third day of on-track action for F1 in 2026... Read More »
11h ago from RacingNews365.com
F1: Shakedown Times: Day 3 (Wednesday)
Today's unofficial times from Barcelona. Read More »
1h ago from Pitpass.com
Barcelona test – Day 3: Mercedes and Antonelli on top
It was another box-ticking exercise for Mercedes... Read More »
53m ago from F1i.com
