Overview

• Sources say Bahrain’s Mumtalakat and Abu Dhabi’s CYVN will acquire the roughly 30% they do not own from MSP Sports Capital, Ares, UBS O’Connor and others, with an announcement possible as soon as Tuesday.
• The reported valuation above £3bn marks a sharp re-rating from the 2020 deal that valued McLaren Racing at about £560m post-money.
• McLaren Racing’s on-track upswing under CEO Zak Brown includes last year’s constructors’ title and Oscar Piastri’s Dutch Grand Prix win, with the team leading this season’s championship.
• McLaren Racing and MSP Sports Capital declined to comment on the reported transaction, which was first detailed by Sky News and echoed by other outlets.
• Investor enthusiasm for F1 assets has driven lofty prices across the grid, with Aston Martin pursuing a stake sale near a £2.4bn valuation, even as McLaren Automotive’s separate turnaround continues.