News Details
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive business, has been boosted by an investment worth more than £200 million ($270m). The group issued a statement this week confirming that it would be issuing new equity capital following the £203.8m investment by Nidala (BVI) Limited, which purchased 888,135 ordinary shares in the company. 'The proceeds for the new capital will be received over the coming year,' read the statement. 'This new capital, which is part of the Group’s simplification over the last 12 months, will significantly strengthen the Group’s balance sheet and underpins its ambitious growth plans laid out in...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
McLaren get £200m cash boost with links to F2 racer...
McLaren's coffers have been swollen by a £200million investment,...
7y ago from GPFans.com
Latifi tipped for possible future McLaren move
Nicholas Latifi has been tipped for a future move to McLaren when he...
7y ago from PlanetF1.com
Latifi linked with future McLaren move after £200...
British Virgin Isles based body Nidala Limited have purchased 888,135...
7y ago from TheCheckeredFlag....
McLaren Group receives fresh £200m investment
The McLaren Group has announced it has received a fresh investment of...
7y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
1d ago from Motorsport.com
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
1d ago from MotorsportWeek.c...
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
1d ago from Motorsport.com
Will Power sees ‘all the ingredients’ for a...
Will Power is approaching the beginning of his new IndyCar chapter, with...
1d ago from MotorsportWeek.c...
Ed Carpenter to contest 23rd Indianapolis 500
Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...
2d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
12h ago from Motorsport.com
The headaches facing WRC crews ahead of a ‘proper...
No description available...
21h ago from Motorsport.com
Can Lancia enjoy success on its anticipated WRC return?
No description available...
20h ago from Motorsport.com
Sebastien Ogier still has motivation “to go for...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Major transfer hint as Arsenal star changes agents...
Arsenal striker Gabriel Jesus has reportedly changed agents, with Fabrizio...
27m ago from CaughtOffside.com
Worrying update surely means Arsenal need to break the...
Arsenal reportedly have some concerns about Kai Havertz's long-term...
1h ago from CaughtOffside.com
Let's wait and see on Kai's knee
Morning all, happy Friday to you. Let's start with some reporting around...
2h ago from Arseblog.com
Comments
Hottest News
Why McLaren will keep its MCL40 mostly unchanged for...
McLaren has made its intentions clear before the... Read More »
57m ago from F1i.com
Christian Horner to detail ‘unforgiving' world of F1...
Christian Horner is set to recount his... Read More »
57m ago from MotorsportWeek.com
FIA defers engine clampdown after key meeting
Jan.23 The much-anticipated FIA engine summit... Read More »
2h ago from OneStopStrategy.com
