McLaren prepares for the future with a new business structure.
Automotive enthusiasts know and celebrate McLaren for its innovative, lightweight, powerful, and blisteringly-quick supercars, but also for having over 60 years of racing heritage and rich history behind it. However, McLaren is opening a new chapter, and has reached an important milestone with the reorganization of its business, and with its revised structure, the British supercar manufacturer is ready to embrace the future with new technology, new products, and technical partnerships.
Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, is taking full ownership of the share capital of McLaren Group Limited, stepping up from previously being a long-term strategic investor in the business. With the reorganization, McLaren Group Executive Chairman Paul Walsh says that Mumtalakat will be able to help McLaren “focus on [its] long-term business plan, including investment in new products and technologies, whilst continuing to explore potential technical partnerships with industry partners.”
Mumtalakat’s CEO, His Excellency Shaikh Abdulla bin Khalifa Al Khalifa, seconds Paul Walsh’s sentiments by saying, “This reorganization and new simplified structure positions McLaren for success and opens up strategic avenues, which include exploring new partnerships to enhance the company’s growth over the coming years.”
With a lineup consisting of the new GTS, 750S, and a new Artura Spider joining a refreshed Artura, McLaren prepares to not only continue delivering excellent supercars and hypercars to the automotive world, but introduce bolder innovation, performance, luxury, and exclusivity with its strengthened business.
