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 »
3y 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...
3y 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...
3y 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,...
3y ago from Formula1News.co.uk
Lewis Hamilton demanding $320 million Mercedes contract
Seven-time World Champion Lewis Hamilton reportedly warns Mercedes to...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Gresini confirms Joan Mir and Dani Holgado to make up...
Gresini Ducati has announced that Joan Mir and Daniel Holgado will join...
22h ago from MotorsportWeek.c...
Gresini signs Joan Mir and Daniel Holgado on two-year...
No description available...
23h ago from Motorsport.com
Joan Mir baffled by recent MotoGP crashes: “It’s...
No description available...
22h ago from Motorsport.com
Aprilia: Marco Bezzecchi “needs a break” after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar legend Scott Dixon shakes up grid with...
IndyCar stalwart Scott Dixon will race with a different team in 2027, his...
18h ago from MotorsportWeek.c...
IndyCar, IndyCar Officiating update pit penalty rule...
No description available...
10h ago from Motorsport.com
Chip Ganassi Racing confirms Scott Dixon’s departure...
No description available...
18h ago from Motorsport.com
How to watch IndyCar 2026 at Mid-Ohio: Weekend...
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
New WRC constructor gearing up for maiden 2027 car test
No description available...
2d ago from Motorsport.com
Penalties for Josh McErlean and Adrien Fourmaux...
Josh McErlean and Adrien Fourmaux were summoned to the Stewards office...
2d ago from MotorsportWeek.c...
Hankook may consider developing specific WRC Acropolis...
No description available...
4d ago from Motorsport.com
Elfyn Evans’ WRC championship lead grows after...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Video: Arsenal transfer target produces stunning...
Johan Manzambi is really starting to enhance his reputation even further...
1h ago from CaughtOffside.com
Fouls at corners, Rice's ‘terrible pain', Man...
Good morning! It's Lewis here on blog duty today, following another night...
1h ago from Arseblog.com
Recent Arsenal signing has already informed them he...
Arsenal's backup goalkeeper Kepa Arrizabalaga has reportedly informed the...
2h ago from CaughtOffside.com
Liverpool & Arsenal target drops possible hint at...
Bradley Barcola has passed up the opportunity to commit his future to...
2h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen to McLaren and why it makes sense as F1...
The F1 2026 championship is currently led by Kimi... Read More »
1h ago from GPFans.com
Carlos Sainz believes a Formula 1 driver who causes...
George Russell took pole at the Austrian Grand... Read More »
57m ago from GrandPrix247.com
Christian Horner set to 'return to F1 paddock at British...
Christian Horner is reportedly set to return to... Read More »
47m ago from GPFans.com
