Formula 1 teams like McLaren and Red Bull are using AI to predict race strategies, optimize pit stops, and enhance car ...
It was only in March 2024 when Bahrain's sovereign fund Mumtalakat Holding Company took over McLaren's automotive division, as well as majority ownership of its F1 team. However, unconfirmed ...
British supercar maker McLaren has been sold to an Abu Dhabi sovereign wealth fund, in a deal presided over by the Emirate’s crown prince.
In an extraordinary move to shore up it’s ailing finances, McLaren sold off its UK headquarters - then signed a 20-year lease to remain there - as well as offloading precious cars from its ...
the part-sale of the company’s heritage car collection and a fundraising involving Saudi Arabia’s sovereign wealth fund. McLaren freed up funds through the sale of its Woking headquarters.