Mumtalakat, Bahrain's sovereign wealth fund, and CYVN Holdings, an advanced mobility investment firm from Abu Dhabi, have assumed full ownership of McLaren Racing, the iconic British motor racing brand.
The move comes after McLaren Group Limited announced the purchase of all shares from the racing team’s minority shareholders, including MSP Sports Capital, O’Connor Capital Solutions, Ares Sports, Media and Entertainment funds, and Caspian Funds.
With this transaction, Mumtalakat will remain the majority shareholder, while CYVN Holdings will hold a significant, non-controlling stake.
The new ownership structure is expected to streamline operations and provide a stronger capital base, paving the way for continued success both on and off the track for McLaren Racing.
The racing division currently fields teams in Formula 1, IndyCar, and will also compete in the World Endurance Championship starting in 2027.
“Our suite of minority investors came on board in 2020 and we thank them for their tremendous support over the past few years as we set McLaren Racing on a path to commercial growth and financial stability,” said McLaren Group executive chairman Paul Walsh.
“We now have two fantastic shareholders in Mumtalakat, a long-standing and deeply valued partner, and CYVN, whose additional investment in Automotive and McLaren Racing, together with their strategic focus on advanced mobility, strengthens our ability to future-proof the business and capture new growth opportunities," he added.
The board and executive management team have reaffirmed their commitment to their vision of being the "most pioneering and exhilarating racing team in the world."
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