1 year ago
McLaren Racing Valued at £3 Billion in Stake Sale
The McLaren race car team, a top performer, has been valued at a whopping £3 billion!
This happened because a part of the team was sold to new investors, Mumtalakat and CYVN Holdings, who are now in control.
This is a big increase from what the team was worth a few years ago.
Other racing teams, like Aston Martin, are also seeing their value go up.
McLaren Racing Ltd. valued at £3 billion.
Bahrain sovereign wealth fund Mumtalakat and CYVN Holdings to assume control.
They are acquiring a 30% stake.
MSP Sports Capital and other minority shareholders were selling.
McLaren's valuation has increased since 2020.
- Who
- McLaren Racing Ltd.
- What
- Valued at £3 billion in a recent stake sale.
- Where
- Not specified
- When
- Recent
- Why
- Not specified
Key facts
- Valuation
- £3 billion
- Stake Sale
- 30%
- Purchasers
- Mumtalakat & CYVN Holdings
- Seller
- MSP Sports Capital & other minority shareholders
- Previous Valuation (2020)
- £560 million
