Is McLaren Automotive publicly traded?
Led by Bahrain Mumtalakat Holding Company, the shareholders own McLaren. It’s a public company. 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.The road car division of McLaren has been haemorrhaging cash for years now and its former owner (Mumtalakat, the Bahraini sovereign wealth fund) has cried enough after some £1. It’s been so disastrous that McLaren had to sell its incredible headquarters and lease it back to free up some money.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.In December 2024, Mumtalakat Holding Company sold 100% of McLaren Automotive to Abu Dhabi-based investment firm CYVN Holdings.
Who is the largest shareholder of McLaren?
Bahrain Mumtalakat Holding Company will continue as majority shareholder with CYVN Holdings owning a non-controlling stake. McLaren Racing is home to the McLaren Formula 1, IndyCar as well as the World Endurance Championship team from 2027 onwards. Mastercard will become the naming partner of McLaren’s Formula One team from 2026, The Athletic can reveal. In an announcement set to be made public imminently, McLaren has struck a deal to expand its existing sponsorship agreement with Mastercard, with the global payments giant becoming its named partner.McLaren Sponsor Update: — Five partners are leaving McLaren F1 ahead of the 2025 season, including Coca Cola, a partner since 2018. Among the new additions is multi-national lottery operator Allwyn, recently announced as an F1 partner.Who Makes McLaren Engines? Mercedes-Benz built engines for McLaren for 20 continuous campaigns, but in 2015, McLaren switched to Honda, and then, to Renault in 2018. That said, the McLaren team is returning to Mercedes-Benz and has signed a 4-year contract in 2020, which is good through 2025.
Is McLaren owned by BMW?
McLaren is currently owned by a company in Abu-Dhabi. Because the F1 GTR longtail was registered at races by BMW, hence the German nationality. Dean Nicholson Bruce McLaren Motor Racing was founded in 1963 in England. McLaren Automotive (/məˈklærən/ mə-KLA-rən; formerly known as McLaren Cars) is a British luxury automotive manufacturer based at the McLaren Technology Centre in Woking, England. The main products of the company are sports cars, which are produced in-house in designated production facilities.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 Owns a McLaren F1? Who is Amanda McLaren?
Does Elon still own his McLaren?
Elon Musk owned his McLaren F1 until 2007, when he sold it at profit, despite the accident. While Elon loved McLaren F1, as he started Tesla and began innovating the electric supercar segment, he felt that he needed to let go of his collection of cars with combustion engines in order to maintain brand image continuity. Musk later sold the McLaren F1 in 2007, stating that as the CEO of an electric car company, it was an image problem to own a gasoline supercar. Musk’s ownership and appreciation of the F1 made it a mental benchmark for his performance ambitions at Tesla.Tesla shareholders approved a pay package on Thursday that could make CEO Elon Musk, already the world’s richest person, the world’s first trillionaire.