McLaren Management Switched Completely to Bahrain

It is one of the most popular brands in the automobile world with its performance sports vehicles, rich history and Formula 1 activities. McLarenhas been having a hard time economically in recent years. These difficulties had reached such a level that the company closed its headquarters approximately for £200 million He had to sell it.

Of course, it sounded quite strange that he rented the building again after this sale. Apart from this, McLaren had to sell some of its historical vehicles and its Formula 1 factory in 2022. In this process, it was supported by Bahrain and even Bahrain’s wealth fund Mumtalakat Holding’s shareholding in McLaren 60 percent He found it.

Now Mumtalakat owns 100 percent of McLaren.

In this way, Mumtalakat McLaren’s While it became the sole owner, the company management was completely transferred to Bahrain. This move will reduce the cost burden on the company and eliminate hesitation about future moves. Of course, McLaren’s entire product range electrification Let’s not forget the plan. This plan, which is quite costly, will be carried out more easily thanks to the fund in question.

It should be noted that this purchase is not a surprise. Because this statement has been expected from both companies since last December. It started to progress by constantly making losses and was trying to develop the Artura model. forced to sell their obsolete vehicles For the company, Mumtalakat was seen as a savior. Of course, now there are concerns about the management of the company.

Currently, there are rumors of a hypercar that McLaren will introduce towards the end of 2024. We will share clear information about the model, which is said to come with a PHEV V8 engine and Gullwing-type doors, as it becomes available.