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Lando Norris, McLaren F1 Team, Oscar Piastri, McLaren F1 Team, 2nd position, the McLaren team celebrate
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Formula 1 Monaco GP
Special feature

The choppy waters McLaren has navigated behind the scenes of its F1 success

Troubled businesses attract vultures, chancers and speculators. But the McLaren Group has avoided falling into such hands
thanks to the resilience of its majority shareholder, which has
now executed a full takeover. MARK GALLAGHER asks what this means for the
future of the brand – and its racing team?

Mumtalakat, the sovereign wealth fund of Bahrain, has owned the McLaren Group since March of this year, completing its takeover of a business which has suffered more than its fair share of difficulties.

A look back through the past five years tells a turbulent tale, albeit one through which Mumtalakat, under CEO Shaikh Abdulla bin Khalifa Al Khalifa, emerges as the kind of shareholder many businesses would envy. In short, the Group has weathered the storms created by events such as the global pandemic, semiconductor shortages and delays in its automotive business, thanks to shareholders with deep pockets and a steely belief in its future.

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