Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional
Baua Electric
MARCH 23, 2024
Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. Supply chain disruptions and issues with the new Artura hybrid sportscar further compounded its struggles, resulting in significant losses, reports BBC.
40 
Let's personalize your content