Will McLaren go public?
McLaren has no plans to go public. Tomorrow, Williams will become the first Formula 1 team to go public. However, its competitors do not seem eager to follow the same path, as Andy Myers, McLaren’s Chief Financial Officer, states that the Woking-based company currently has no plans of that nature. We are delighted to announce that Ferrari Group is going public. Today, 13 February 2025, marks a significant milestone in our journey as we officially launch our Initial Public Offering (IPO) on the Amsterdam Euronext, where the first trading of the Shares commenced at 9. CET.
Is McLaren a public listed company?
Led by Bahrain Mumtalakat Holding Company, the shareholders own McLaren. It’s a public company. Who makes McLaren then? A few dozen highly-skilled artisans in a factory in South England are the individuals responsible for these elite luxury supercars. Who Owns and Makes McLaren Today? Led by Bahrain Mumtalakat Holding Company, the shareholders own McLaren. It’s a public company.Who Owns McLaren Today? Today, McLaren is primarily owned by the Bahrain Mumtalakat Holding Company and it’s shareholders, however McLaren CEO Michael Leiters runs the day-to-day operations, recently joining the company from rival Ferrari.McLaren Automotive is part of the McLaren Group. In March 2024, Mumtalakat Holding Company bought all of McLaren Group’s shares. This move helped the brand’s finances and future plans.Now the largest shareholder of the McLaren Group is the Bahrain Mumtalakat Holding Company, the sovereign wealth fund for the Kingdom of Bahrain. In other words, McLaren is primarily owned by the royal family of Bahrain, though it remains a public company.
Who invested in McLaren?
US investment Group MSP Capital, which bought a 33% shareholding in McLaren Racing five years ago, has been bought out by majority shareholder Mumtalakat, Bahrain’s sovereign investment fund, and Abu Dhabi-based CYVN Holdings. MSP spent £185m on its stake, which at the time valued McLaren Racing at £560m. Mumtalakat will continue as majority shareholder of McLaren, with CYVN Holdings owning a non-controlling stake.Who Owns Ferrari Today? After restructuring to establish Ferrari N. V. Ferrari Group, FIAT Chrysler Automobiles (FCA) sold 10% of their shares and distributed their remaining 80% of shares among FCA shareholders. Ferrari was and continues to be owned by Piero Ferrari (son of Enzo).Who Owns McLaren Today? Today, McLaren is primarily owned by the Bahrain Mumtalakat Holding Company and it’s shareholders, however McLaren CEO Michael Leiters runs the day-to-day operations, recently joining the company from rival Ferrari.Bahrain sovereign wealth fund Mumtalakat will remain the majority shareholder with CYVN, majority-owned by the government of Abu Dhabi, having a non-controlling stake.
Can you buy stock in McLaren?
McLaren Resources Inc is listed and trades on the CSE stock exchange. About Mclaren Resources Inc (mcl. McLaren Resources Inc. Canadian mineral exploration and development company focused on gold exploration projects in northeastern Ontario. It holds a 100 % interest in the Blue Quartz, McCool and Kerrs gold exploration properties located east of Timmins, Ontario.
Can I invest in McLaren F1?
Currently no. None of the McLaren Group is publicly traded, although that could be set to change as the company could be listing. An IPO would put McLaren shares alongside the likes of Aston Martin and Ferrari as publicly-traded supercar manufacturers. Common shares of Ferrari are listed and can be traded under the ticker RACE on both the NYSE and Euronext Milan (previously named Mercato Telematico Azionario, “MTA”).
Is McLaren struggling financially?
McLaren Racing has just released its 2022 financial report and it is still not very positive. The McLaren Racing group (F1, FE, and Indycar) saw an increase in revenue in 2022, but also an increase in losses, reaching a deficit of nearly £58 million, which is approximately €66 million. The investment appeal of McLaren cars is quite interesting. For example, the McLaren F1, once priced at £541,000 in the 1990s, now sells for around £15 million. That’s a 270% gain, beating many traditional investments. With only 160 F1s made between 1992 and 1998, their rarity has greatly increased their value.According to data analysed by the digital platform Sportico, Ferrari tops the list with an estimated valuation of 4. Mercedes (3. Red Bull Racing (3.A modern F1 car from a top team like Mercedes-AMG Petronas or Red Bull Racing can cost upwards of $12 million. The price depends on the technology, the season the car was used, and its historical value.McLaren CEO Zak Brown is estimated to have a $100 million net worth, and his unbelievable personal F1 car collection is outrageous. McLaren’s legacy in Formula 1 and other forms of racing is unrivaled.