mwillems wrote: ↑
Wed Oct 13, 2021 9:09 pm
Ground Effect wrote: ↑
Wed Oct 13, 2021 4:31 pm
Macklaren wrote: ↑
Wed Oct 13, 2021 2:56 pm
Actually this article quotes Joe Saward who is far from a random guy. He is one of the most well connected journalists in the paddock. I still have a hard time seeing this happen and even Joe's original story doesn't have the same conviction as when he is certain about things, but there is a little smoke here for sure.
This is just pure speculation, in my opinion. They’re just making assumptions based on McLaren’s current financial situation. But there have been stronger links between VAG and Red Bull.
Exactly, plenty of uncertainty and journo's love to live in that space, plenty of room to do what they want. Nobody apart from those in the group, really know where the team are with the financials. But given that they have closed over half a billion in deals for incoming cash injections, I'm not sure there is too much real financial uncertainty right now.
Obviously, they still need to sell a ton of cars but who knows where they are at with that.
People are piping in on the Sale of McLaren thing. Some for some against.... What would selling McLaren look like ? What does it mean to people ?
McLaren is owned by the "The McLaren Group"
The McLaren Group's current shareholding is:
Mumtalakat Holding Company 56.4%,
TAG Group Limited 14.32%,
Nidala (BVI) Limited (Michael Latifi) 9.84%,
Favorita Limited 5.78%,
Perlman Investments Limited 5.77%,
McKal Holdings Ltd 5.24%,
Acanitt Limited 2.65%.
Pretty sure McLaren wouldn't have anything to do with the sale of the McLaren group. If VW walked over to Mumtalakat Holding and offered them $1.2 Billion for 56.4%, and Mumtalakat accepted. It would be a done deal. Nothing would even change come Monday morning. I doubt they would even change the PU deal unless They decided to build one themselves but that wouldn't be till 2026 at the earliest. Zak would stay on, cause right now he's doing a good job. So I guess I don't understand why anyone cares?