Gulf Investors Acquire 30% McLaren F1 Stake at $5 Billion Valuation
Gulf Investors Acquire 30% McLaren F1 Stake at $5 Billion Valuation

Gulf Investors Acquire 30% McLaren F1 Stake at $5 Billion Valuation

News summary

McLaren Racing is undergoing a major ownership change as Bahraini sovereign wealth fund Mumtalakat and Abu Dhabi-based CYVN Holdings are acquiring the remaining 30% stake from various investors, valuing the team at around $5 billion. This deal consolidates ownership under the Gulf investors, highlighting the significant growth and profitability McLaren Racing has achieved, turning from a $137 million loss in 2018 to a $38 million operating profit with $536 million revenue recently. The team has also secured a lucrative naming partnership with Mastercard starting in 2026, reportedly worth $100 million annually, further solidifying its financial position. On the competitive front, McLaren Racing has recently won its ninth constructors' title and is dominating the current Formula 1 season with drivers Lando Norris and Oscar Piastri performing strongly. Separately, notable McLaren automotive assets have changed hands, including the sole McLaren F1 car in Australia, which was sold to a UK-based dealer after failing to find a local buyer, and the sale of Mansour Ojjeh's prestigious McLaren collection, comprised predominantly of rare, uniquely painted vehicles. These transactions underscore the high value and demand for McLaren's racing and automotive heritage assets in both the sporting and collector markets.

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