Andretti Autosport is understood to be closing in on a deal to take a majority stake in Sauber, which runs the Alfa Romeo-branded team in F1, and add to its extensive racing... read more »
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Michael Andretti is poised to acquire a majority stake in Sauber and take over the running of the Alfa Romeo F1 team, a source has confirmed to GPFans Global. read more »
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Germany's markets watchdog BaFin said on Tuesday it found no evidence to pursue an insider trading investigation in the shares of carmaker Daimler, including the purchase... read more »
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McLaren Racing has taken the next step in its full-time return to IndyCar by announcing that it has entered into an agreement to acquire a majority share in the Arrow McLaren... read more »
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McLaren have announced they will be taking on an increased 75% stake in IndyCar team Arrow McLaren SP at the end of 2020. read more »
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McLaren has taken its next step towards a full-time IndyCar return after announcing an agreement that will see the team acquire a 75 per cent stake in the Arrow McLaren SP outfit. 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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Max Verstappen took Red Bull's first ever pole position in France after sublime lap at the Circuit Paul Ricard, team-mate Sergio Perez however qualified in fourth behind... read more »
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The Woking-based outfit was bracing itself for a tough time around the streets of Monte Carlo, but in the end its MCL35M was actually closer to Red Bull and Mercedes than at... read more »
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Valtteri Bottas has stepped in to try to secure the future of Lahti Pelicans by purchasing a stake in the ice hockey club. read more »
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Rich Energy claim to be heading back to Formula 1 after an "ally" agreed a deal to purchase a majority stake in an existing team. read more »
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Despite reducing its stake in the Mercedes F1 team, Daimler boss, Ola Kallenius insists his company is in the sport for the "long-term". read more »
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Toto Wolff will stay on as Mercedes F1 Team Principal for another three seasons as he and chemicals giant take one-third stake in outfit together with Daimler read more »
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Toto Wolff has signed a new three-year deal to remain team principal of Mercedes, while INEOS have beefed up their stake in the team. read more »
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Toto Wolff will remain as Team Principal and CEO of the Mercedes Formula 1 team for another three years with INEOS becoming a one-third shareholder in the team. On Friday... read more »
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Mercedes has announced that INEOS will become a one third shareholder in the team, which will be owned in three equal parts by Daimler AG, INEOS and Toto Wolff. read more »
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Toto Wolff and INEOS have increased their stake in the Mercedes Formula 1 team to become equal partners. read more »
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A 'significant minority' stake in McLaren F1 Team has been bought by a consortium of US investors. read more »
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U.S.-based investment group MSP Sports Capital are taking a significant minority stake in the McLaren Formula One team, McLaren Racing said in a statement on Sunday. read more »
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McLaren has announced it has sold a significant stake in its F1 team to American investors in a new long-term investment. read more »
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McLaren has confirmed that it has sold a minority stake in its Formula 1 team to a US-based consortium as part of a £185million investment deal read more »
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McLaren Group has announced that US-based sports investment group MSP Sports Capital has acquired an initial stake in McLaren Racing, which includes the Formula 1 team. MSP... read more »
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McLaren Group has secured its long-term future by selling a minority stake to US-based sports investment group MSP Sports Capital for £185million. read more »
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McLaren are set to sell an initial 15 per cent stake in their Formula 1 team to a group of US investors called MSP Sports Capital. read more »
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A consortium of US-based investors are set to acquire a 15 per cent stake in the McLaren Formula 1 team, with an official announcement expected ahead of Sunday’s Abu Dhabi... read more »