The McLaren Group has agreed to sell its technology division, McLaren Applied, to investment group Greybull Capital. McLaren has restructured its business in recent months,... read more »
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McLaren have confirmed that a deal has been struck to sell their Applied technology division to investment group Greybull. read more »
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McLaren Group are set for a £550m injection of capital, most of it via the sale of a stake in the company to the Saudi Public Investment Fund (PIF). read more »
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Zak Brown has explained a fresh £550million investment in the McLaren Group is for the automotive branch of the company which has now joined the Racing division in being... read more »
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McLaren has confirmed that numerous investors have injected a further £550m into the company. read more »
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The McLaren Group has raised £550 million in new investment which will help to support its automotive and racing divisions. The new investment comes from multiple sources, but... read more »
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Much of the new funding comes from Saudi Arabia's Public Investment Fund [PIF], with some coming from existing investors, including Bahrain's Mumtalakat.McLaren says... read more »
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McLaren confirmed in a statement on Sunday morning that the Swiss-born businessman died in Geneva surrounded by his family.While Ojjeh was most famously known in F1 circles for... read more »
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Dorilton bought the squad last summer, with the Williams family departing after the 2020 Italian Grand Prix, and the company has spent the months since buying the squad... read more »
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In the wake of Honda pulling out of F1 at the end of this year, Red Bull has done a deal to take over the Japanese manufacturer's power unit project from 2022.In the... read more »
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McLaren Group has agreed a £170million sale of its Technology Centre with US-based real estate investment trust Global Net Lease. read more »
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After a turbulent few seasons, the Williams family sold the team last year to American investment firm Dorilton Capital.With fresh investment in place, Williams' new... read more »
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McLaren Group is currently in advanced negotiations with global investment firm TPG over the sale of the iconic Technology Centre, GPFans Global understands. read more »
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Williams announced in December that ex-Volkswagen motorsport chief and McLaren CEO Capito would be joining the team in the new year, bolstering its management team.Capito was... read more »
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Ex-Renault team boss Flavio Briatore says Luca de Meo, the new Renault CEO, will provide "long-term" Formula 1 investment. read more »
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Daimler chairman Ola Kallenius hopes INEOS's investment, combined with the budget cap, will turn Mercedes F1 into a money-making franchise. read more »
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Investment from MSP Sports Capital and a Mercedes engine means McLaren can now look ahead at Formula 1's front-runners, rather than behind. read more »
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McLaren Racing CEO Zak Brown believes the team has a "very strong future" after recently securing a £185million investment package. read more »
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Not only is INEOS's investment in the Mercedes team a game-changer for them, but the same can be said for Formula 1 in general. read more »
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Toto Wolff believes the recent investment of INEOS in Mercedes represents "a turning point in Formula 1". read more »
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MSP Sports Capital principal Jeff Moorad has described the company's investment in McLaren Racing as a "bet" with the incoming budget cap expected to increase... read more »
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McLaren Group executive chairman Paul Walsh has confirmed the company intends to continue with plans to sell the McLaren Technology Centre despite recent investment from MSP... read more »
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McLaren's "fragile" business model meant that their Formula 1 progress could have stalled without finding fresh investment. read more »
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McLaren believes its previously "fragile" business model risked hurting the progress of its Formula 1 team if it had not found fresh investment read more »
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McLaren believes that significant new investment into its racing team from a consortium of US-based investors will enable it to "play to win" in F1. read more »