Site logo

Brown confirms McLaren Racing sale

NEWS STORY
01/10/2025

Zak Brown has confirmed the sale of the remaining 30% of McLaren Racing.

Bahraini sovereign wealth fund Mumtalakat and Abu Dhabi's CYVN Holdings, who already owned McLaren Group, revealed earlier this month that they were seeking to buy the remaining 30% of McLaren Racing which oversees the F1, Indy Car - and from 2027 WEC - operations, and now the deal has been done valuing McLaren Racing at $4.1bn (£3.05bn). Previously, Mumtalakat was the majority shareholder while CYVN had a non-controlling stake.

"It's all done," Brown told Bloomberg. "The sport is on fire, you know, every metric, demand for teams," he added.

"It wasn't long ago that Liberty Media acquired the sport and put a cost cap in place, which kind of ensured everyone's financial stability and on-track stability and competitiveness. It's been a wonderful thing.

"The fans are coming out in the tens and hundreds of millions, sponsors, partners in the sport, unlike we've ever seen before, so the sport is on fire, and long may it continue."

Asked if he fears that the meteoric rise in the last few years might peak, he replied: "I don't think so.

"If you look at sports in general, and I wouldn't say I'm an expert at all sports by any means, but they've only been going north forever," her continued. "Every time there's a record deal, whatever sport it is, everyone goes, 'Oh, that was crazy'. And then you look back and in five years, they've still gone up.

"So I think our sport in particular has a lot of room for growth. We have 24 races, we have demand for probably 30 grands prix, so the demand is strong.

"Our car has the best brands in the world," said the American, "the Mastercards, the Googles, etc.

"The competition is amazing. Last year, four teams won, seven different drivers won multiple races. It's the first time I've seen that in my 30 years of following the sport, so the on-track competition is great.

"The off-track drama, as captured by Netflix, is fantastic. The demand for Grands Prix has never been stronger, so I think the sport, in many ways, is just getting going."

LATEST NEWS

more news >

RELATED ARTICLES

LATEST IMAGES

galleries >

  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images

POST A COMMENT

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

READERS COMMENTS

 

1. Posted by ARL, 10 hours ago

"3 Words. South Sea Bubble."

Rating: Neutral (0)     Rate comment: Positive | NegativeReport this comment

2. Posted by Tyrbiter, 04/10/2025 12:35

"I keep seeing that picture of a very young Ron Dennis back in the 1960s working as a mechanic for Brabham, and before that Cooper. In a way it's a bit sad that Ron and his partners in Project 4 began this process of getting investment from oil-rich countries. I have a lot of respect for him, because so much of Ron's activities were hidden from the outside world and were a long way from his public persona.

How many current F1 'fans' know who these people were, their stories and the dangers they faced? All good things come to an end, I don't have much interest left in the modern version of F1."

Rating: Neutral (0)     Rate comment: Positive | NegativeReport this comment

3. Posted by ian_w, 03/10/2025 12:12

"@kenji, Maybe it is exactly because of Zac's commercial smarts that he doesn't appear to have any equity!""

Rating: Positive (1)     Rate comment: Positive | NegativeReport this comment

4. Posted by kenji, 02/10/2025 11:30

"With Zak Brown's commercial smarts I'm surprised that he doesn't appear to have any equity?"

Rating: Positive (1)     Rate comment: Positive | NegativeReport this comment

5. Posted by Wokingchap, 30/09/2025 18:42

"So sad !"

Rating: Positive (2)     Rate comment: Positive | NegativeReport this comment

6. Posted by BillH, 30/09/2025 18:12

"To add to @Max Noble's comment: If things are looking so good for the future, why sell now?"

Rating: Positive (5)     Rate comment: Positive | NegativeReport this comment

7. Posted by Max Noble, 30/09/2025 11:19

"Why so downbeat Zak…. Surely the team is worth a trillion dollars and viewership exceeds the total number of life forms in the known universe…?
"

Rating: Positive (5)     Rate comment: Positive | NegativeReport this comment

Share this page

X

Copyright © Pitpass 2002 - 2025. All rights reserved.

about us  |  advertise  |  contact  |  privacy & security  |  rss  |  terms