How McLaren’s new investors have already made an impact
OPINION: The deal McLaren concluded with MSP Sports Capital last year which will help the cash-strapped Formula 1 team pay for much-needed infrastructure upgrades, also points toward the future for F1 itself, says STUART CODLING
Shortly before tying up third place in the constructors' championship at last season's Abu Dhabi Grand Prix, McLaren announced the partial sale of McLaren Racing to a US-based investment consortium for £185million. Under the terms of the deal, which values the company at £560m, the consortium will take an initial stake of 15%, growing to 33% by the end of 2022.
MSP Sports Capital is the lead investor, along with The Najafi Companies and UBS O'Connor, a subsidiary of the Swiss bank which offers wealth management services, including hedge funds. There is some overlap between the investors - Jahm Najafi is a partner in MSP as well as being the founder and owner of his eponymous private equity company.
The back-bedroom world-beater that began a new F1 era
The first in a line of world beaters was designed in a back bedroom and then constructed in a shed. STUART CODLING recalls the Tyrrell 001
The clues Hamilton’s F1 contract afterthought gives to his future
The Formula 1 world reacted with surprise when it learned Lewis Hamilton’s long-awaited new Mercedes deal guarantees his presence on the grid only until the end of 2021. Both parties claimed publicly they were happy with the arrangement but, asks MARK GALLAGHER, is there more to it than that?
How a harshly ejected Red Bull star has been hooked by racing again
Driver-turned-DJ Jaime Alguersuari lost his love for motorsport when he was booted out of Formula 1 just as he was starting to polish his rough edges. Having drifted from category to category then turned his back on racing altogether in 2015, he’s come full circle and is planning a return in karts for fun
Why Mercedes isn't confident it's really ahead of Red Bull at Imola
While Mercedes struck back against Red Bull by topping the times at Imola on Friday ahead of the Emilia Romagna Grand Prix, the overall picture remains incredibly close. Despite having a possible edge this weekend, the reigning Formula 1 world champion squad is not taking anything for granted...
What Mercedes must do to keep its F1 title challenge on track
Mercedes may find itself leading the drivers' and constructors' standings after Lewis Hamilton's victory in the Bahrain Grand Prix, but it is well-aware that it came against the odds, with Red Bull clearly ahead on pace. Here's what the Brackley team must do to avoid its crown slipping
Why Tsunoda can become Japan’s greatest F1 talent
While Japan's fever for motor racing is well-documented, the country has yet to produce a Formula 1 superstar – but that could be about to change, says BEN EDWARDS
Why the demise of F1's hypocritical spending habit is cause for celebration
For too long, F1's richest teams have justified being able to spend as much as they want because that's the way they've always conducted their business. STUART CODLING says that's no reason not to kick a bad habit
The double whammy that is defining Vettel’s F1 fate
It's been a tough start to Sebastian Vettel's Aston Martin F1 career, with a lack of pre-season testing mileage followed by an incident-packed Bahrain GP. But two key underlying factors mean a turnaround is not guaranteed
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