McLaren Racing announced on Thursday, ahead of this weekend’s Japanese Grand Prix, that its parent company, Bahrain Mumtalakat Holding Company, and CYVN Holdings, an investment vehicle based in Abu Dhabi, have completed CYVN’s acquisition of McLaren Automotive and a non-controlling stake in McLaren Racing.
McLaren Racing has also confirmed that under the new structure, Paul Walsh will remain as Executive Chairman of McLaren Racing while Zak Brown will remain as Executive Director of McLaren Racing and will continue to oversee all of McLaren’s racing assets in Formula One, INDYCAR, Formula e and Extreme E.
Paul Walsh, Executive Chairman, said:
“We welcome the news of the deal completion. The investment will no doubt accelerate the next chapter in McLaren Automotive’s growth, provide long-term stability and help future-proof the business. We are excited about the possibility to collaborate even more closely with our colleagues at Automotive as well as our shareholders going forward to fully capitalise on opportunities for growth and global expansion of the McLaren brand.”
Zak Brown, CEO, McLaren Racing, said:
“McLaren Racing has been on an incredible growth trajectory over the past few years as we made our way back to the front of the grid, where this storied team belongs. We’re in rude health and incredibly excited about the future – our sport has never been in a better place. The completion of the deal and investment in the wider business will allow us to continue on that growth path going forward.”
CYVN has consolidated its UK investments under a newly created entity, McLaren Group Holdings, which will be led by newly appointed Chief Executive, Nick Collins.
The McLaren Racing Formula One team who went into the 2025 season as defending Constructors champions starts the season in great fashion with Lando Norris winning the season-opening Australian Grand Prix while Oscar Piastri took victory in China last time out.