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
VR46 boss defends Franco Morbidelli after...
VR46 Ducati Team Manager Pablo Nieto has defended Franco Morbidelli...
50m ago from MotorsportWeek.c...
Valentino Rossi’s VR46 team launches 2026 MotoGP...
No description available...
3h ago from Motorsport.com
VR46 Ducati launches 2026 MotoGP livery
Pertamina Enduro VR46 Ducati presented its newest livery for the 2026...
3h ago from MotorsportWeek.c...
Why Fermin Aldeguer’s injury comes at the worst...
No description available...
1h ago from Motorsport.com
Popular On IndyCarToday.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
22h ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
3d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
6d ago from MotorsportWeek.c...
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 10: Mathieu Serradori wins as Nasser...
No description available...
3h ago from Motorsport.com
KTM star Daniel Sanders snaps collarbone while leading...
No description available...
2h ago from Motorsport.com
Dakar 2026, Stage 9: Ford takes 1-2 in overall...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Ex-Red could see 'really good footballer' leaving...
Former Liverpool midfielder Danny Murphy says he could see Ben White being...
1h ago from CaughtOffside.com
Chelsea boss Liam Rosenior set to hold talks with...
New Chelsea head coach Liam Rosenoir is set to discuss with the fringe...
1h ago from SportsKeeda.com
Real Madrid are looking at £86m Arsenal star to solve...
Real Madrid are reportedly interested in a move for Arsenal attacker...
3h ago from CaughtOffside.com
Terms set: Arsenal open to £20-25m transfer deal with...
Arsenal could reportedly be open to letting versatile defender Ben White...
5h ago from CaughtOffside.com
Comments
Hottest News
Could this be the new Ferrari livery for F1 2026?
After showing off our Red Bull concept livery, we... Read More »
50m ago from RacingNews365.com
Mercedes reportedly facing issues with their 2026 Formula 1...
As we close in on the start of the 2026 Formula 1... Read More »
50m ago from GrandPrix247.com
Audi F1 title sponsor issues criticism over Ferrari livery
Audi's F1 title sponsor is far from impressed... Read More »
5h ago from RacingNews365.com
