Summary
McLaren Racing, a team in Formula 1, has had a stake sold, resulting in the team being valued at $4.1 billion. The Bahraini sovereign wealth fund and CYVN Holdings now fully own McLaren Racing. The team has experienced recent successes, such as winning the Constructors' Championship last season.
Key Facts
- McLaren Racing's stake sale has led to a valuation of $4.1 billion.
- The Bahraini sovereign wealth fund and CYVN Holdings now own the entire team.
- McLaren achieved significant progress last season, improving their car's development.
- They almost won the Drivers' Championship last season but succeeded in the Constructors' Championship.
- McLaren is expected to remain strong contenders, with Oscar Piastri and Lando Norris as key drivers.
- The demand for Formula 1 is high, with calls for more races and increased attention from luxury brands and sponsors.
- Formula 1 is experiencing worldwide growth, contributing to rising team valuations.
