News Details

McLaren get £200m cash boost with links to F2 racer Latifi - report

McLaren's coffers have been swollen by a £200million investment, according to reports. The team have struggled to attract sponsorship through their travails in recent seasons, however, they have been boosted by a new investor with apparent links to Formula 2 driver Nicholas Latifi. Racefans.net reports that Nidala Limited has purchased 888,135 shares in McLaren Group, costing a huge "203.8million. It is claimed that Michael Latifi, father of Nicholas, has interests in Nidala, whose name is potentially a portmanteau of his full name - Nicholas David Latifi. READ MORE: Alonso talks won't start until mid-season READ MORE: McLaren near begging point with Alonso Nicholas Latifi is...
Full Story »
5y ago from GPFans.com 0
Share

You May Also Be Interested In...

Nicholas Latifi: “I couldn’t have asked for a...

Nicholas Latifi was finally able to participate in testing for the Sahara...

McLaren receive a £200 million pound cash injection

McLaren have received a £200 million cash injection from a company...
5y ago from GPBlog.com

Preview: F1 set for in-season Spain test

Formula 1 is set for its first official in-season test at the Circuit de...
5y ago from MotorsportWeek.com

Line-Ups: Spain post-race test

In-season testing – Here are the full line-ups for the post-Spain...
5y ago from FormulaSpy.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...

O’Ward retroactively given St. Pete win after Team...

The NTT IndyCar Series announced on Wednesday that all three Team Penske...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Newcastle United 'leading Arsenal, Chelsea, Liverpool...

Newcastle United are reportedly regarded as the new frontrunners to secure...
12m ago from SportsMole.co.uk

Ex-Arsenal & Man Utd star RVP in advanced talks...

Former Arsenal and Manchester United striker Robin van Persie is in...
1h ago from CaughtOffside.com

Arsenal face huge Premier League competition for Real...

Whether or not Arsenal go on to win their first Premier League title in 20...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.