McLaren’s majority owners are looking to increase their stake in the British marque in a deal that values the operation at £3billion.
Mumtalakat and CYVN, who hold approximately 70 per cent of McLaren Racing between them, are reportedly poised to acquire the remaining 30 per cent.
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McLaren has completed a remarkable on-track transformation in recent years, from also-rans as recently as 2022 to the sport’s dominant force. However, its off-track performance is arguably even more remarkable.
In 2020, the business faced a tough battle simply to survive as financial issues threatened to cripple the broader McLaren Group.
That triggered a host of redundancies, including within the F1 team, while the Racing arm went into the market for fresh investment.