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Motor1
Motor1
Business
Jeff Perez

THE TRUTH ABOUT: Mclaren has a new owner again | History Defined

McLaren McLaren Automotive Michael Leiters Artura Bahrain
  • After Mumtalaket took over McLaren Group in March, the automotive division already has a new owner.
  • CYVN Holdings out of Abu Dhabi has entered a non-binding agreement to take over McLaren Automotive.
  • The new owner will bring additional funds and expertise, "particularly in the field of electric vehicles."

Mumtalaket, the sovereign wealth fund of Bahrain, purchased the McLaren Group earlier this year. That gave the company full ownership of the struggling British supercar maker and its racing subsidiary. But as of today, McLaren's automotive arm already has another owner.

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