Is McLaren publicly listed?
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. Bahrain’s sovereign wealth fund has taken full ownership of the McLaren Group, which builds high-end sportscars and owns a majority stake in the McLaren F1 team. The Bahraini fund, Mumtalakat, was already McLaren’s biggest shareholder.Already McLaren’s largest shareholder, the Bahraini fund Mumtalakat has taken full ownership of the McLaren Group, which oversees the sports-car arm of the company and owns a majority stake in the racing teams of the same name. Bahrain has officially taken over full ownership of McLaren.In March 2024, Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain acquired all outstanding shares of McLaren Group and took full control of the company. In December 2024, Mumtalakat Holding Company sold 100% of McLaren Automotive to Abu Dhabi-based investment firm CYVN Holdings.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 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.
Is BMW buying McLaren?
That is despite further speculation in the last few months, which had first surfaced in 2017, that BMW were looking into taking a stake, at the very least, in McLaren. We are definitely not interested in that at the moment,” BMW’s head of motorsport, Andreas Roos, told Motorsport-total. Formula 1. McLaren has denied being bought by Audi, after an Autocar source reported that the German manufacturer had acquired the whole group to secure it an entry into Formula 1.German car manufacturer Audi is contracted to compete as a Formula One team and power unit manufacturer beginning with the 2026 season. Audi F1 Team will be formed through the acquisition of Sauber, with engines developed by Audi Formula Racing GmbH. Adam Baker is chief executive officer of Audi Formula Racing GmbH.
Who owns the McLaren stock?
In March 2024, Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain acquired all outstanding shares of McLaren Group and took full control of the company. In December 2024, Mumtalakat Holding Company sold 100% of McLaren Automotive to Abu Dhabi-based investment firm CYVN Holdings. The deal also includes a non-controlling stake in the overarching McLaren Group for CYVN Holdings. Abu Dhabi-based CYVN Holdings has agreed a deal to buy McLaren Automotive, with the promise of fresh cash injection for the British sports car maker.Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the renowned British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic motoring brands.The deal follows a period of deep financial uncertainty for the British company, which has been making heavy losses. McLaren hailed it as a major milestone. The company is now understood to be looking at technical partnerships with other businesses, to help it develop electric vehicle technology.