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06-30-2020, 11:37 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Motorsports (https://www.autoblog.com/category/motorsports/),Plants/Manufacturing (https://www.autoblog.com/category/plants-manufacturing/),McLaren (https://www.autoblog.com/category/mclaren/),Racing (https://www.autoblog.com/category/racing/),Performance (https://www.autoblog.com/category/sports/)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/06/30085655/2020-06-17T215912Z_1_LYNXMPEG5G2BQ_RTROPTP_4_MOTOR-F1-MCLAREN.jpg.jpg McLaren's Formula One future was never in doubt despite a cash crisis brought on by the COVID-19 pandemic and now resolved by a fresh injection of funds, team principal Andreas Seidl said on Tuesday. The National Bank of Bahrain announced on Monday a 150 million pound ($184.26 million) financing facility for the McLaren Group, which includes the team and supercar manufacturer. Bahrain's sovereign wealth fund Mumtalakat Holding Co is McLaren's majority shareholder.Continue reading McLaren gets a $185 million boost (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/)
McLaren gets a $185 million boost (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 30 Jun 2020 08:57:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/) | Email this (https://www.autoblog.com/forward/2245861/) | Comments (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/06/30085655/2020-06-17T215912Z_1_LYNXMPEG5G2BQ_RTROPTP_4_MOTOR-F1-MCLAREN.jpg.jpg McLaren's Formula One future was never in doubt despite a cash crisis brought on by the COVID-19 pandemic and now resolved by a fresh injection of funds, team principal Andreas Seidl said on Tuesday. The National Bank of Bahrain announced on Monday a 150 million pound ($184.26 million) financing facility for the McLaren Group, which includes the team and supercar manufacturer. Bahrain's sovereign wealth fund Mumtalakat Holding Co is McLaren's majority shareholder.Continue reading McLaren gets a $185 million boost (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/)
McLaren gets a $185 million boost (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 30 Jun 2020 08:57:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/) | Email this (https://www.autoblog.com/forward/2245861/) | Comments (https://www.autoblog.com/2020/06/30/mclaren-gets-financing/#comments)
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