Bahrain's Mumtalakat and Abu Dhabi's CYVN Holdings took full ownership of McLaren Racing on Tuesday in a deal one informed source said valued the reigning Formula One world champion at $5 billion.
A McLaren Group statement confirmed the purchase of all shares held by MSP Sports Capital, funds managed by O’Connor Capital Solutions, Ares Sports, Media and Entertainment funds and Caspian Funds.
MSP said the terms of the transaction would remain confidential.
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