McLaren confirms MSP Sports Capital deal bringing £185 million into team

2020 F1 season

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McLaren has confirmed a group led by investor MSP Sports Capital will take a 33% stake in McLaren Racing, which includes its Formula 1 team.

The deal values McLaren Racing at £560 million and will bring £185m into the group’s motorsport division. Alongside its F1 team, McLaren Racing also competes in IndyCar and is considering moves into Formula E and the World Endurance Championship.

As reported yesterday, MSP’s investment group includes its partners UBS O’Connor and The Najafi Companies. They will initially take a 15% stake which will rise to 33% by the end of 2022.

“This investment represents a key moment in the progress of McLaren Racing,” said CEO Zak Brown. “MSP Sports Capital is first and foremost a sports investor. They know the market and their team has considerable experience and proven success in global sports properties.

“They are a partner as much as a shareholder, with the ability to leverage their network and knowledge for the long-term benefit of McLaren Racing.

“This new investment bolsters our plan to return McLaren to contention for race wins and championships in Formula 1 and IndyCar, and will strengthen our positive momentum as we continue to focus relentlessly on our mission to return to the top of the podium.”

MSP Sports Capital’s Jeff Moorad, who in 2018 was one of several parties which expressed interest in taking over the ailing Force India team, will join McLaren Racing’s board of directors with Rodrigo Trelles Zabala of UBS O’Connor. Sheikh Mohammed bin Essa Al Khalifa of McLaren’s majority owner, Bahrain’s sovereign wealth fund Mumtalakat, and Jahm Najafi will become vice-chairmen of the racing division, with McLaren’s Paul Walsh sitting as chairman

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Keith Collantine
Lifelong motor sport fan Keith set up RaceFans in 2005 - when it was originally called F1 Fanatic. Having previously worked as a motoring...

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  • 4 comments on “McLaren confirms MSP Sports Capital deal bringing £185 million into team”

    1. So what will be the %age ownership breakdown in 2022 then?

    2. Wow.
      I remember Ron Dennis being paid 333 millions pounds for his 25% stake back in 2017.
      The new management team really has done a remarkable job…

      1. It was a 25% stake in Mclaren Group not just racing division hence the difference.

    3. 3rd Place in the championship is a great way for McLaren to celebrate this new investment !!

    Comments are closed.