News Details
Audi reportedly acquires McLaren Group - secures entry into F1!
Audi has allegedly acquired the entire McLaren Group according to a report published on Monday by Autocar, a deal that secures Germany automotive company's entry into Formula 1. The McLaren Group which includes McLaren Racing has struggled financially in the past 18 months as sales of its automotive division bear the brunt of the global Covid pandemic. Since 2020, the group has undergone several capital raises and financial restructuring initiatives, receiving last summer a £550 million injection from new and existing shareholders, including from investment firm Ares Management Corporation and Saudi Arabia's Public Investment Fund. ©SeanBullDesign The recapitalization move was conducted...
Full Story »
Full Story »
You May Also Be Interested In...
Audi reportedly buy out entire McLaren Group
A report from Autocar has claimed that Audi have secured an entry into...
3y ago from PlanetF1.com
Audi rumored to be mulling a bid for McLaren!
Volkswagen brands Audi and Porsche are set to decide their future in F1...
3y ago from F1i.com
'Audi seeks takeover of F1 team McLaren'
Both BMW and Audi are said to be aiming at a takeover of McLaren. That is...
3y ago from GPBlog.com
‘No McLaren interest in takeover from Audi'...
An Audi takeover of McLaren is “the hottest rumour in the paddock”...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
5d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pato O’Ward powers to a blistering 202.621 mph pole...
No description available...
5h ago from Motorsport.com
IndyCar Nashville – Qualifying Results
The final qualifying session of the 2025 IndyCar season took place on...
6h ago from MotorsportWeek.c...
O’Ward tops 202 MPH to take IndyCar pole in Nashville
The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...
6h ago from MotorsportWeek.c...
Callum Ilott, Christian Rasmussen given IndyCar grid...
The NTT IndyCar Series has handed out grid penalties for two drivers...
11h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier storms to WRC Rally Paraguay lead as...
No description available...
4h ago from Motorsport.com
Ogier leads as Rovanperä falls back in Paraguay
Sebastian Ogier and Vincent Landais led Rally del Paraguay after...
5h ago from MotorsportWeek.c...
M-Sport Ford team hits bedrock at WRC Rally Paraguay...
No description available...
7h ago from Motorsport.com
WRC Paraguay: Ott Tanak loses victory hopes, Kalle...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta admits Arsenal plan vs Liverpool will be...
Arsenal manager Mikel Arteta has admitted that he may have to field an...
4h ago from CaughtOffside.com
Slot’s revamped Liverpool are vulnerable in a way...
ury-hit Arsenal face an ill-at-ease champions struggling to fit the new...
4h ago from TheGuardian.com
West Ham may have edge over Euro giants in race to...
West Ham United have reportedly joined the race for the potential transfer...
12h ago from CaughtOffside.com
Done deals: Arsenal set to confirm two major defensive...
Arsenal are pushing to wrap up two significant defensive deals before the...
16h ago from FreshArsenal.com
Comments
Hottest News
FIA issue Max Verstappen penalty verdict at Dutch GP
The FIA have announced their penalty verdict for... Read More »
10h ago from GPFans.com
STAT CORNER: Who is the most successful driver at the Dutch...
After the truly nail-biting qualifying day at the... Read More »
1h ago from F1Technical.net
Lance Stroll: The most prolific crasher in Formula 1 history
No description available... Read More »
6h ago from GrandPrix247.com
