Bahrain buys McLaren’s historic cars as British brand seeks to raise cash – The National
Bahrain buys McLaren’s historic cars as British brand seeks to raise cash – The National
British supercar company McLaren has been forced to sell some of its collection of historic vehicles, to fill a cash hole left by delays in delivering its new hybrid model, the Artura.
Bahrain’s sovereign wealth fund Mumtalakat has bought the heritage models in exchange for a £100 million ($123 million) cash injection.
Mumtalakat owns nearly 60 per cent of McLaren.