On the eve of the Australian Grand Prix, McLaren Group has announced that Bahrain's sovereign wealth fund has taken full ownership of the entire company. read more »
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In December, McLaren shareholders unanimously approved a full recapitalisation of the business ostensibly to allow for a "simplified" and "streamlined"... read more »
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Under stable regulations, the new season is bearing an awful lot of similarities to how 2023 finished. Behind the sovereign Red Bull, Ferrari appears second-quickest, retaining... read more »
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Bahrain's sovereign wealth fund Mumtalakat has reportedly agreed a deal to take full ownership of the McLaren Group - including the F1 team. read more »
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The sovereign wealth fund of Bahrain is set to take full control of the McLaren group after agreeing a deal with its minority shareholders. read more »
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Bahrain's sovereign wealth fund is taking full ownership of McLaren Group as part of long-term plans to secure a partnership with a global industry giant. read more »
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Far behind sovereign Red Bull, which has won all 10 grands prix so far, Mercedes holds second as F1 heads towards the halfway point the season.But it has been a bumpy road to... read more »
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The Sovereign Wealth Fund of Bahrain has completed the purchase of shares in McLaren from Saudi Arabia and a company in the United States. read more »
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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 »
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Ben Sulayem has found himself at the centre of a storm in recent weeks amid a public falling out with Formula 1's commercial rights holders.Comments he made about what he... read more »
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Ben Sulayem took to social media on Monday to express his concern about the implications of an exaggerated price for F1.In the wake of a report from Bloomberg that Saudi's... read more »
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A story by Bloomberg last week suggested that Saudi Arabia's sovereign wealth fund had been interested in purchasing F1 from current owner Liberty Media for a $20 billion... read more »
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Saudi Arabia's sovereign wealth fund considered an attempt to buy Formula 1 from Liberty Media for a price tag of "well over $20 billion". Liberty Media has... read more »
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Leclerc and Perez head into F1's 2022 season finale on equal points, so whoever finishes the highest in Sunday's race will wrap up the position behind sovereign world... 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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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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In January 2014, Ron Dennis ousted McLaren's then-team principal and CEO Martin Whitmarsh from his role with the help of the McLaren Group's shareholders, Bahraini... read more »
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The Norwegian sovereign wealth fund could decide to sell on its F1 stake if the sport cannot free itself from accusations of corruption. read more »
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The acquisition of a stake in F1 by Norwegian sovereign fund Norges Bank Investment Management is being questioned by ministers after the sport failed to float on the Singapore... read more »
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Talk of a buy-out of IMG led to ill-founded claim that CVC was working on a bid with Abu Dhabi Investment Authority (ADIA) and Bahrain's Mumtalakat sovereign wealth fund. read more »
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F1 must acknowledge Europe’s financial crisis and cut costs urgently. That is the call of Luca di Montezemolo, president of Ferrari, the largest of the four Formula... read more »
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Nov.1 (GMM) That the owners of Silverstone could lease the British grand prix venue to a Qatar consortium is "wonderful" news, according to F1 chief executive Bernie... read more »
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Aug.30 (GMM) Reports that Qatar is the likely buyer of the $400m lease of British grand prix venue Silverstone have been denied. A British newspaper this week said the Arab... read more »
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Aug.28 (GMM) Qatar's sovereign wealth fund has been named as the likely buyer of the lease of British grand prix venue Silverstone. The Independent said Qatar Investment... read more »