News Details
Chinese investors make $2-billion bid for McLaren
An unidentified consortium of Chinese investors has made a $2.08 billion takeover bid for McLaren with group head Ron Dennis seeking to stay in charge, Sky News reported on Friday. It said the offer, which Sky understood was presented to shareholders by Dennis last week, involved an asset manager and private equity funding. No details were given. The report, written by city editor Mark Kleinman, said Dennis's move prompted the 69-year-old's fellow shareholders – Bahrain's sovereign wealth fund Mumtalakat and Saudi-born businessman Mansour Ojjeh – 'to launch a plot to oust him as chief executive'. Sportscar maker McLaren, whose Honda-powered Formula One team are competing at the...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Losing Ron Dennis would be a great loss for Formula 1...
Christian Horner says losing Ron Dennis would be a 'great loss' for...
9y ago from GrandPrixTimes.com
Horner: Dennis' departure would be a great loss
Christian Horner says it would be a 'great loss' for Formula 1 if McLaren...
9y ago from PlanetF1.com
Dennis loses McLaren court fight after £1.6bn bid -...
XPB Images
Ron Dennis has failed in a High Court attempt to...
9y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
KTM riders say top speed advantage has disappeared in...
No description available...
12h ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
17h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
1d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Felix Rosenqvist hopes Long Beach pole kickstarts...
No description available...
2h ago from Motorsport.com
IndyCar Long Beach – Qualifying Results
A slightly modified format was in play for IndyCar’s Long Beach...
4h ago from MotorsportWeek.c...
Felix Rosenqvist beats Pato O’Ward to Long Beach...
No description available...
4h ago from Motorsport.com
Felix Rosenqvist secures IndyCar pole at Long Beach
25 cars rolled out on the historic Long Beach street circuit Saturday...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
1d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
1d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta's three-word 'final message' to Arsenal...
Arsenal manager Mikel Arteta has sent a simple three-word message to his...
6h ago from CaughtOffside.com
Manchester City vs Arsenal: Six things to watch in...
This is the big one – it's Manchester City vs Arsenal at the Etihad...
7h ago from CaughtOffside.com
Arteta’s desire for complete control may derail...
Guardiola has granted his players freedom to improvise, it’s the...
6h ago from TheGuardian.com
Premier League shootout arrives with odd twist for...
chester City v Arsenal is a rare late-season title decider and comes with...
6h ago from TheGuardian.com
Comments
Hottest News
Max Verstappen reacts to Nurburgring tragedy on a sad day...
Max Verstappen's latest bid for Nurburgring glory... Read More »
7h ago from GPFans.com
Max Verstappen leaves rivals stunned after creating...
Max Verstappen has left his Nurburgring rivals... Read More »
11h ago from GPFans.com
One driver dead after horror crash stops Max Verstappen...
Tragedy struck the Nurburgring on Saturday... Read More »
9h ago from GPFans.com
