The sale of a minority stake in McLaren Racing has seen the value of the team reach unprecedented levels.
MSP Capital Partners sold its stake in the organisation in a deal that was reported to value the squad at £3billion ($4.01bn). However, PlanetF1.com can confirm the transaction values the team at in excess of £3.74billion ($5bn).
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MSP Capital partners played a pivotal role in securing McLaren’s future during a turbulent period for the squad in 2020.
It initially acquired a 15 per cent stake, which rose to 33 per cent by the end of 2022.
Yesterday, it divested that interest to Mumtalakat and CYVN Holdings.
When MSP initially invested, McLaren was valued at £560 million, with sources with knowledge of the deal confirming to Plan