McLaren F1 is set for a £3bn valuation after two shareholders buy out the minority stakes they don’t already own.
McLaren F1 is set for a £3bn valuation after two shareholders buy out the minority stakes they don’t already own.
The sovereign wealth fund of Bahrain, Mumtalakat , and UAE-based investment group CYVN Holdings are set to buy out the 30 per cent holding in McLaren Racing that is not currently theirs, according to Sky News’ Mark Kleinman .
That minority shareholding is currently held by a mix of MSP Sports Capital – whose portfolio includes the X Games and football clubs Estoril Praia, AD Alcorcon, SK Beveren, Augsburg and Brondby IF – and a number of other investors.
Those smaller investors include UBS O’Connor and Ares Investment Management, among others.
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