LONDON: McLaren Group announced Sunday that it has signed a deal to attract significant new long-term investment into McLaren Racing led by MSP Sports Capital, the US-based sports investment group, to help drive its plan to return to the top in Formula 1 and continue its growth as a global sports franchise.
MSP, well known in the sports industry as owners, investors and operators in Major League Baseball (MLB), National Basketball Association (NBA), ESPN, and sports management, is co-investing with its strategic partners UBS O’Connor, LLC. and The Najafi Companies.