McLaren Racing Secures Full Acquisition by Bahrain and Abu Dhabi Funds

McLaren Racing has officially transitioned to full ownership by Bahrain’s Mumtalakat and Abu Dhabi’s CYVN Holdings, marking a significant milestone for the organization. The deal, rumored to value the team at over $4 billion, culminated in the purchase of stake from previous investors, solidifying the financial backing for the reigning Formula 1 champions.

Our Take:

This landmark deal not only demonstrates the growing investment interest in Formula 1 but also reflects the strategic shift towards securing financial stability and innovative growth for McLaren Racing. With the backing of these substantial funds, the team could enhance its competitiveness and pursue ambitious projects that could reshape its future in the sport.

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Curated by F1Briefing.com

Source: Reuters