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
2027 MotoGP bikes may not be slower at half the...
No description available...
3h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
3h ago from MotorsportWeek.c...
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
1d ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from an action-packed IndyCar race...
No description available...
21h ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1d ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
1d ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
22h ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
1d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
5d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bid prepared: Arsenal considering move for contract...
Arsenal are reportedly considering a summer transfer window move for...
59m ago from CaughtOffside.com
'He's out' – Arteta confirms key Arsenal star...
Arsenal’s quest for a maiden European crown faces a significant hurdle...
3h ago from CaughtOffside.com
U-turn: Report reveals surprise outcome of recent...
Arsenal may reportedly have cooled their interest in the potential...
7h ago from CaughtOffside.com
Thierry Henry believes Arsenal and one other team are...
Arsenal legend Thierry Henry has ruled out Barcelona as top favourites for...
8h ago from SportsKeeda.com
Comments
Hottest News
Norris downplays Mercedes win, insists Ferrari ‘have the...
Reigning F1 world champion Lando Norris has... Read More »
2h ago from F1i.com
Toto Wolff responds to McLaren's Mercedes complaint and...
Toto Wolff has hit back at its F1 rivals who rely... Read More »
5h ago from GPFans.com
Fernando Alonso told to face F1 media over Aston Martin...
Two-time champion Fernando Alonso is set to face... Read More »
1h ago from GPFans.com
