Subscribe

Sign up for free

  • Get quick access to your favorite articles

  • Manage alerts on breaking news and favorite drivers

  • Make your voice heard with article commenting.

Motorsport prime

Discover premium content
Subscribe

Edition

USA
Lando Norris, McLaren MCL35
Prime
Commentary

How McLaren F1’s new investors have already made an impact

The deal McLaren concluded with MSP Sports Capital last year which will help the cash-strapped Formula 1 team pay for much-needed infrastructure upgrades, also points toward the future for F1 itself, says GP Racing's Stuart Codling.

Shortly before tying up third place in the constructors' championship at last season's Abu Dhabi Grand Prix, McLaren announced the partial sale of McLaren Racing to a US-based investment consortium for £185million. Under the terms of the deal, which values the company at £560m, the consortium will take an initial stake of 15%, growing to 33% by the end of 2022.

MSP Sports Capital is the lead investor, along with The Najafi Companies and UBS O'Connor, a subsidiary of the Swiss bank which offers wealth management services, including hedge funds. There is some overlap between the investors - Jahm Najafi is a partner in MSP as well as being the founder and owner of his eponymous private equity company.

Related video

Previous article Five things we learned from Ferrari’s 2021 team launch
Next article Verstappen and Perez unsure F1 needs ‘risky’ sprint races

More from Stuart Codling

The rookies looking to make their mark on F1 in 2023

The rookies looking to make their mark on F1 in 2023

Prime
Prime
F1 Formula 1
The rookies looking to make their mark on F1 in 2023 The rookies looking to make their mark on F1 in 2023
The mixed fortunes of F1 2021's rookie crop

The mixed fortunes of F1 2021's rookie crop

Prime
Prime
F1 Formula 1
The mixed fortunes of F1 2021's rookie crop The mixed fortunes of F1 2021's rookie crop
How F1 launch season heightened anticipation for racing

How F1 launch season heightened anticipation for racing

Prime
Prime
F1 Formula 1
How F1 launch season heightened anticipation for racing How F1 launch season heightened anticipation for racing
The mantra Ocon must follow to challenge Alonso at Alpine

The mantra Ocon must follow to challenge Alonso at Alpine

Prime
Prime
F1 Formula 1
The mantra Ocon must follow to challenge Alonso at Alpine The mantra Ocon must follow to challenge Alonso at Alpine
The real-life racing rogues stranger than fiction

The real-life racing rogues stranger than fiction

Prime
Prime
Misc General
The real-life racing rogues stranger than fiction The real-life racing rogues stranger than fiction
Why Renault's survivor wasn't part of Alpine's plans

Why Renault's survivor wasn't part of Alpine's plans

Prime
Prime
F1 Formula 1
Why Renault's survivor wasn't part of Alpine's plans Why Renault's survivor wasn't part of Alpine's plans
The uncomfortable dilemma resulting from F1's constant expansion

The uncomfortable dilemma resulting from F1's constant expansion

Prime
Prime
F1 Formula 1
The uncomfortable dilemma resulting from F1's constant expansion The uncomfortable dilemma resulting from F1's constant expansion
The V12 experiment that powered Senna to his final F1 title

The V12 experiment that powered Senna to his final F1 title

Prime
Prime
F1 Formula 1
The V12 experiment that powered Senna to his final F1 title The V12 experiment that powered Senna to his final F1 title

Sign up for free

  • Get quick access to your favorite articles

  • Manage alerts on breaking news and favorite drivers

  • Make your voice heard with article commenting.

Motorsport prime

Discover premium content
Subscribe

Edition

USA