Saudi Arabia's sovereign wealth fund is selling its stake in McLaren, the supercar maker and Formula 1 team-owner, in a deal that will reinforce Bahrain's status as... read more »
Latest F1 news about: Pif
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Saudi Arabia's Public Investment Fund (PIF) is understood to be selling its stake in McLaren to Bahrain's state investment fund Mumtalakat. read more »
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Red Bull advisor Dr Helmut Marko says he is not a fan of the prospect of Formula 1 being sold to Saudi Arabia amid rumours of a major bid. A report from Bloomberg earlier this... read more »
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£78m ($92m) investment sees Saudi Arabia's Public Investment Fund (PIF) become Aston Martin's second largest shareholder. read more »
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Aston Martin is set to receive major investment from the Saudi Arabian sovereign wealth fund, who will become one of the company's largest shareholder. The British... read more »
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Saudi Arabia's Aramco organisation already has Aston Martin links as title sponsor of their Formula 1 team. read more »
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Aston Martin has taken on the controversial Saudi Arabian Public Investment Fund [PIF] as its second major shareholder as the car manufacturer bids to bolster its floundering... read more »
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Aston Martin Lagonda Holdings been hit over the past year by financial pressures, debt and a tumbling share price.In May CEO Tobias Moers, who had been headhunted by Stroll... 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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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 »