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New McLaren investment by Latifi not anchored to son's career
McLaren has made clear that there is no material connection between the investment made by the group's new shareholder John Latifi and the career of his son, F2 racer Nicholas Latifi. The Canadian businessman, who runs food giant Sofina Foods, has acquired an estimated 10 percent stake in the McLaren Group for approximately $200 million, fueling speculation that Latifi's son could be set to benefit from the investment. McLaren confirms Michael Latifi as new Group shareholder A spokesperson for the Woking-based outfit insists however that the deal is not anchored in any way to the 22-year-old driver's career. "There is no connection between the investment in McLaren by Michael Latifi...
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