News Details
Bahrain’s Mumtalakat expand stake in McLaren group
Mumtalakat increased it stake at McLaren Group buying off that of Saudi Arabia's sovereign wealth fund reinforcing its position as the group's biggest shareholder.
Bahrain's state investment fund Mumtalakat is buying preference shares and warrants worth 400 million pounds ($510.48 million) in carmaker McLaren from Saudi Arabia's Public Investment Fund (PIF) and Ares Management, Sky News reported on Wednesday.
The transaction will
Full Story »
Full Story »
1y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lewis Hamilton and Mercedes at odds over new contract...
Lewis Hamilton, the seven-time Formula 1 world champion, is reportedly...
1y ago from Formula1News.co.uk
Toto Wolff shares good news for Lewis Hamilton fans
Mercedes team principal Toto Wolff has revealed that the side's recent...
1y ago from Formula1News.co.uk
Kimi Raikkonen's model wife shares family news
Kimi Raikkonen, the 2007 Formula 1 world champion, and his wife, Minttu,...
1y ago from Formula1News.co.uk
Lewis Hamilton demanding $320 million Mercedes contract
Seven-time World Champion Lewis Hamilton reportedly warns Mercedes to...
1y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
1d ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
3d ago from Motorsport.com
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
2d ago from MotorsportWeek.c...
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
6h ago from Motorsport.com
Kyle Kirkwood avoids incidents, wins late duel for...
No description available...
4h ago from Motorsport.com
Kyle Kirkwood earns unlikely IndyCar win under the...
IndyCar’s first night race in multiple years served up the action, as...
5h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
5h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
2d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
5d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Manchester United suffer blow as European...
Juventus are preparing to sign Manchester United and Arsenal target Viktor...
2h ago from SportsKeeda.com
'He could take a game by the scruff of the neck' -...
Arsenal sensation Ethan Nwaneri has surprisingly named Chelsea legend Eden...
2h ago from SportsKeeda.com
Report claims Arsenal have made important 80m transfer...
Arsenal have reportedly decided to leave the race to sign Sporting Lisbon...
3h ago from CaughtOffside.com
The cricket(s) season
Good morning all, Tim here with the last ‘supply teacher' Arseblog...
2h ago from Arseblog.com
Comments
Hottest News
FIA announce outcome of LATE Red Bull protest at Canadian...
The FIA have announced the outcome of Red Bull's... Read More »
4h ago from GPFans.com
F1 Canadian Grand Prix 2025 results: Final classification...
The FIA have confirmed the final classification... Read More »
2h ago from GPFans.com
Renault CEO resignation sparks doubt on Alpine F1 project
Luca de Meo has resigned as CEO of the Renault... Read More »
2h ago from MotorsportWeek.com
