News Details
Latifi invests in McLaren
McLaren Group has confirmed that Michael Latifi, a Canadian businessman, has become a shareholder, in a move that significantly strengthens the group's balance sheet and underpins its growth plans. McLaren announced that on 14 May it had sold shares to Nidala (BVI) Limited, controlled by Michael Latifi. The McLaren Group encompasses the McLaren Automotive, McLaren Racing and McLaren Applied Technologies companies. 'This injection of capital is a vote of confidence in our future strategy and the group remains as focused as ever in positioning for growth,' said Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman. 'We are delighted Michael Latifi has joined the McLaren...
Full Story »
Full Story »
7y ago from Pitpass.com
0
You May Also Be Interested In...
Latifi's father linked with McLaren deal
May 21 The father of Force India reserve driver Nicholas Latifi is...
7y ago from OneStopStrategy.com
Latifi linked with future McLaren move after £200...
British Virgin Isles based body Nidala Limited have purchased 888,135...
7y ago from TheCheckeredFlag....
McLaren Group boosted by £200 million investment
The McLaren Group, which includes its Formula 1 team and its automotive...
7y ago from MotorsportWeek.com
Latifi tipped for possible future McLaren move
Nicholas Latifi has been tipped for a future move to McLaren when he...
7y ago from PlanetF1.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...
2h ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
3h 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...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
2d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
5h 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...
4d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Carabao Cup final pain will only make Arsenal better,...
Arsenal must learn the lessons from their Carabao Cup final loss to Man...
1h ago from SkySports.com
Southampton vs Arsenal preview: Odegaard and Timber...
No description available...
1h ago from SkySports.com
'Really good news' – Mikel Arteta provides...
Arsenal manager Mikel Arteta has provided a positive injury update on Noni...
2h ago from CaughtOffside.com
Arsenal latest: Good news on Madueke, but Eze still...
No description available...
2h ago from SkySports.com
Comments
Hottest News
Stella reveals his ‘priority number one’ ahead of...
Andrea Stella has fired a warning shot at Formula... Read More »
39m ago from F1i.com
Hadjar set to unleash iconic Red Bull RB7 at historic...
French F1 fans are in for a treat – and a blast... Read More »
1h ago from F1i.com
Audi F1 driver points to key struggle: 'It's terrible'
Audi has endured a mixed start to the new F1... Read More »
49m ago from RacingNews365.com
