Gulf Funds Take Full Control of McLaren

Bahrain’s Mumtalakat sovereign fund and Abu Dhabi’s CYVN Holdings have confirmed their takeover of McLaren Racing, valuing the team at over 4 billion U.S. dollars. Mum-talakat now holds the majority stake, while CYVN takes a non-controlling position. The move simplifies McLaren’s shareholder structure and secures long-term backing for the team’s Formula One and motorsport ambitions.