Impact on the Automotive World: McLaren – A New Horizon Under Abu Dhabi's Leadership
(By Taylor and Maurizio) "The iconic British supercar manufacturer McLaren has changed ownership, marking a new chapter in its history." This transaction, valued at approximately £1.2 billion (around $1.5 billion), represents a significant pivot for the brand, transitioning from the hands of Bahrain's investment firm Mumtalakat to the control of Abu Dhabi’s Sovereign Fund, CYVN Holdings. This shift not only has financial implications but also opens exciting opportunities for innovation and advanced mobility development in the automotive realm.
(By Taylor and Maurizio) "The iconic British supercar manufacturer McLaren has changed ownership, marking a new chapter in its history." This transaction, valued at approximately £1.2 billion (around $1.5 billion), represents a significant pivot for the brand, transitioning from the hands of Bahrain's investment firm Mumtalakat to the control of Abu Dhabi’s Sovereign Fund, CYVN Holdings. This shift not only has financial implications but also opens exciting opportunities for innovation and advanced mobility development in the automotive realm.