McLaren gets a $185 million boost

Discussion in 'News and Articles' started by Auto News, Jun 30, 2020 at 6:50 AM.

By Auto News on Jun 30, 2020 at 6:50 AM
  1. Auto News

    Auto News Moderator Staff Member

    Filed under: .,.,.,.,.,.

    [​IMG] McLaren's Formula One future was never in doubt despite a cash crisis brought on by the COVID-19 pandemic and now resolved by a fresh injection of funds, team principal Andreas Seidl said on Tuesday. The National Bank of Bahrain announced on Monday a 150 million pound ($184.26 million) financing facility for the McLaren Group, which includes the team and supercar manufacturer. Bahrain's sovereign wealth fund Mumtalakat Holding Co is McLaren's majority shareholder.
    .

    . originally appeared on . on Tue, 30 Jun 2020 08:57:00 EDT. Please see our ..

    . | . | .

    .
     

Comments

Discussion in 'News and Articles' started by Auto News, Jun 30, 2020 at 6:50 AM.

Share This Page