McLaren Automotive already has another buyer. After Mumtalaket took over McLaren Group in March, the automotive division ...
was launched in 2010 and now forms the largest part of the McLaren Group. McLaren Automotive CEO Michael Leiters said: “We ...
Somewhat confusingly, Mumtalakat purchased part of McLaren Automotive in 2017 but didn't take full control of McLaren Group, the entity that also includes the F1 racing cars, until 2024.
McLaren is moving under the Emirati flag. On 9 December 2024, the mobility operator and investor CYVN, owned by the government of Abu Dhabi, signed an agreement with the sovereign wealth fund of the ...
McLaren Group’s investors can doubtless relate ... But things are finally looking up for its sportscar business, McLaren Automotive Ltd., which not only has a new wealthy benefactor but a ...
The McLaren Group, which encompasses its Automotive, Racing and Technology businesses, has announced five new board appointees following a £550million cash injection from both existing and new ...
PIF also owns a fifth of Aston Martin. As we expect to happen with McLaren Automotive and Forseven, PIF has used its influence to pair up Aston Martin with Lucid technology in the development of ...
British supercar maker McLaren has been sold to an Abu Dhabi sovereign wealth fund, in a deal presided over by the Emirate’s crown prince.
"The way to look at McLaren is that we have a highly profitable cash-flow positive automotive business," Walsh told reporters on a video call. Britain is due to leave the bloc in under four weeks ...
McLaren Group has entered into a definitive binding ... The agreement will see CYVN acquire McLaren’s automotive business, alongside a non-controlling stake in McLaren’s racing division.
McLaren Automotive is about to change hands ... CYVN will also receive a non-controlling stake in the wider McLaren Group, including its racing arm. CYVN Holdings operates in the fields of ...