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McLaren changes ownership again

The UK sports carmaker is now owned by an investor from the UAE.

McLaren Automotive was acquired by the Sovereign Wealth Fund of the Kingdom of Bahrain this spring. According to a recently published new agreement, the company is now owned by CYVN Holdings based in Abu Dhabi, United Arab Emirates.

The press release points out that the deal aims to “attract additional investment” and “accelerate the evolution of EV technology”. Later on, CYVN Holdings plans to buy a share in McLaren’s racing division.

Editor: Andrej Raspopow

5
0

November 3, 2024


australian-billionaire

Again

November 04, 2024

Rudy Liang

BRO

November 06, 2024

Patricio

bro they be swapping owners basically daily 😂

November 08, 2024

henrique9183

bro

November 08, 2024

david

GOOFY-AHHH SWAPS 😂😂🤣

December 09, 2024

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