Big McLaren ownership change completes recovery from dire position
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Big McLaren ownership change completes recovery from dire position
A significant change in ownership of McLaren’s racing division, and therefore its Formula 1 team, has completed the recovery from its quietly dire position just a little under five years ago.McLaren Group Limited - comprising Bahrain's sovereign investment fund Mumtalakat, McLaren majority shareholder, and CYVN Holdings in Abu Dhabi - has purchased all the shares of McLaren Racing’s minority shareholders, primarily MSP Sports Capital. 'We were…
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