News Details
McLaren receive a £200 million pound cash injection
McLaren have received a £200 million cash injection from a company linked to F2 driver Nicholas Latifi. McLaren Group, the holding company for McLaren Racing and McLaren Automotive received a capital injection of £203.8m, made by Nidala (BVI) Limited to purchase 888,135 ordinary shares in the Group. A spokesperson for McLaren said : “We aren’t at liberty to disclose details of the investor. This is, as you will know, not uncommon practice.” However, it is understood that Michael Latifi, CEO of major Canadian food conglomerate Sofina and father of F2 racer and current Force India driver Nicholas Latifi, has interests in Nidala. Nidala is thought to stand...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Nicholas Latifi: “I couldn’t have asked for a...
Nicholas Latifi was finally able to participate in testing for the Sahara...
7y ago from TheCheckeredFlag....
Preview: F1 set for in-season Spain test
Formula 1 is set for its first official in-season test at the Circuit de...
7y ago from MotorsportWeek.com
Line-Ups: Spain post-race test
In-season testing – Here are the full line-ups for the post-Spain...
7y ago from FormulaSpy.com
Valtteri Bottas edges Antonio Giovinazzi at Barcelona...
Mercedes’ Valtteri Bottas edged Ferrari reserve driver Antonio...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
11h ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
12h ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
2d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
13h ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
2d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
5d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Like a ball of poison’: Mikel Arteta admits to...
t;li>Arteta claims defeat will haunt him for ‘next 30...
3h ago from TheGuardian.com
Mikel Arteta provides fitness update on 3 Arsenal...
Arsenal boss Mikel Arteta has provided a fitness update on Noni Madueke,...
6h ago from SportsKeeda.com
'Really good news' – Mikel Arteta provides...
Arsenal manager Mikel Arteta has provided a positive injury update on Noni...
11h ago from CaughtOffside.com
Carabao Cup final pain will only make Arsenal better,...
Arsenal must learn the lessons from their Carabao Cup final loss to Man...
9h ago from SkySports.com
Comments
Hottest News
FIA approve new race after F1 cancellations
The FIA have announced a change in one of their... Read More »
8h ago from GPFans.com
Lewis Hamilton team-mate left laughing after F1 rival...
This doesn't count under the cost cap, right? Read More »
3h ago from GPFans.com
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
2d ago from GrandPrix247.com
