{"id":174490,"date":"2025-09-28T03:28:07","date_gmt":"2025-09-28T03:28:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/174490\/"},"modified":"2025-09-28T03:28:07","modified_gmt":"2025-09-28T03:28:07","slug":"zak-brown-confirms-mclaren-racing-stake-sale-completed-with-4-1billion-valuation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/174490\/","title":{"rendered":"Zak Brown confirms McLaren Racing stake sale completed with $4.1billion valuation"},"content":{"rendered":"<p>Zak Brown has confirmed that the recently reported stake sale is &#8220;all done&#8221;, meaning <a href=\"https:\/\/www.motorsport.com\/team\/mclaren\/10\/\" target=\"_blank\" rel=\"noopener nofollow\">McLaren<\/a> Racing has reached a value of $4.1billion, according to Bloomberg.<\/p>\n<p>It was reported at the beginning of September 2025 that the Bahraini sovereign\u00a0wealth fund Mumtalakat and automotive investment group CYVN Holdings, which already own McLaren Group, were looking to acquire a further 30% stake in McLaren Racing. &#8220;We&#8217;re all done,&#8221; Brown confirmed of the stake sale, meaning the two companies have gained 100% ownership of the racing arm.<\/p>\n<p>He added: &#8220;The sport is on fire, you know, every metric, demand for teams. It wasn&#8217;t long ago that Liberty [Media] acquired the sport and put a cost cap in place, which kind of ensured everyone&#8217;s financial stability and on- track stability and competitiveness.<\/p>\n<p>\u00a0<\/p>\n<p>&#8220;So it&#8217;s been a wonderful thing. The fans are coming out in the tens and hundreds of millions, sponsors, partners in the sport, unlike we&#8217;ve ever seen before, so the sport is on fire, and long may it continue.&#8221;<\/p>\n<p>The McLaren chief went on to shoot down claims that valuations within the championship had reached their peak.<\/p>\n<p>&#8220;I don&#8217;t think so. I think if you look at sports in general, and I wouldn&#8217;t say I&#8217;m an expert at all sports by any means, but they&#8217;ve only been going north forever. Every time there&#8217;s a record deal and whatever sport it is, everyone goes, &#8216;Oh, that was crazy&#8217;.<\/p>\n<p>&#8220;And then you look back and in five years, they&#8217;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.<\/p>\n<p>&#8220;Our car has the best brands in the world, the Mastercards, the Googles, etc. The competition is amazing. Last year, four teams won, seven different drivers won multiple races.<\/p>\n<p>&#8220;It&#8217;s the first time I&#8217;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.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Zak Brown has confirmed that the recently reported stake sale is &#8220;all done&#8221;, meaning McLaren Racing has reached&hellip;\n","protected":false},"author":2,"featured_media":174491,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[441],"tags":[77894,49,48,578,80578,576,577,590,82,4962,9836,89088],"class_list":["post-174490","post","type-post","status-publish","format-standard","has-post-thumbnail","category-formula-1","tag-azerbaijan-gp","tag-ca","tag-canada","tag-f1","tag-f1-azerbaijan-grand-prix-2025","tag-formula-1","tag-formula1","tag-mclaren","tag-sports","tag-trendingteam","tag-zak-brown","tag-zak-brown-confirms-mclaren-racing-stake-sale-completed-with-4-1billion-valuation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/174490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=174490"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/174490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/174491"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=174490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=174490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=174490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}