(MCLS) NEW YORK--(BUSINESS WIRE)--As announced earlier today, McLaren Group Limited has completed the purchase of MSP Sports Capital’s equity interest in McLaren Racing, including its Formula 1 Team. The transaction will enable Bahrain Mumtalakat Holding Company and CYVN Holding, an advanced mobility operator and investment vehicle based in Abu Dhabi, to increase their share and assume full ownership of the iconic British motor racing business. Mumtalakat will continue as majority shareholder with CYV
Related Questions
How will the full ownership by Mumtalakat and CYVN Holding affect McLaren Group's cash flow and future capital expenditures?
What impact will this transaction have on McLaren's valuation multiples relative to other F1 teams and automotive stocks?
Will the ownership change trigger any restructuring, dividend policy adjustments, or share buyback programs that could influence the stock price?