Bahrain’s Mumtalakat and Abu Dhabi’s CYVN Holdings have acquired full control of McLaren Racing, completing a strategic buyout that places the Formula One team’s valuation at around $5 billion.
The deal saw McLaren purchase all outstanding shares from MSP Sports Capital and affiliated investors including O’Connor Capital Solutions, Ares Sports, Media and Entertainment, and Caspian Funds. Though terms remain undisclosed, Sky News previously reported MSP’s 30% stake alone could have been valued at roughly $4.1 billion.
McLaren’s valuation has soared more than six-fold since 2020, when MSP acquired a 33% holding for £185 million, valuing the team at just £560 million at the time.
CEO Zak Brown described the outcome as a pivotal step for the team: “A simplified ownership structure gives us clarity and strength moving forward.” Executive Chairman Paul Walsh added that Mumtalakat and CYVN bring long-term strategic backing, with CYVN focusing on advanced mobility and growth in both racing and automotive ventures.
On the track, McLaren has seen a dramatic resurgence. Drivers Oscar Piastri and Lando Norris lead the championship standings, having secured 12 wins from 15 races this season. The team claimed its first constructors’ title since 1998 last year and is well-positioned to take both championships this season under Brown’s leadership and Andrea Stella’s management as team principal.
Source: Gulf News
