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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials

McLaren Formula One group says it has no plans for flotation

Posted on 01 March 2011

From Guardian: McLaren, the Formula One team which is home to drivers Jenson Button and Lewis Hamilton, will not be following its British rival Williams to the stock market, according to its chief financial officer, Andy Myers.
McLaren is 50% owned by Bahrain’s Mumtalakat sovereign wealth fund with the remaining shares in the hands of its chairman, Ron Dennis, and Saudi tycoon Mansour Ojjeh……………………………………….Full Article: Source


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