Alan's Feed
Dec 13, 2014
Dec 12, 2014
Dec 12, 2014

Motor racing-Bahrain agrees McLaren share sale to Dennis

LONDON, Dec 12 (Reuters) – Bahrain’s sovereign wealth fund Mumtalakat has agreed to sell some of its stake in McLaren to the Formula One team’s overall head Ron Dennis, who is set to become the majority shareholder.

“No transaction has taken place, but the shareholders have had discussions on how to best facilitate and enhance the future growth of the McLaren Group,” a McLaren spokesman said on Friday.

Dec 12, 2014
Dec 12, 2014

Bahrain fund sells McLaren shares to Dennis

LONDON (Reuters) – Bahrain’s sovereign wealth fund Mumtalakat has agreed to sell some of its stake in McLaren to the Formula One team’s overall head Ron Dennis, who is set to become the majority shareholder.

A McLaren spokesman said on Friday that share purchase agreements (SPAs) were signed last August between Mumtalakat, fellow shareholders TAG Holdings and Dennis.

Dec 12, 2014

Motor racing-Bahrain fund sells McLaren shares to Dennis

LONDON, Dec 12 (Reuters) – Bahrain’s sovereign wealth fund Mumtalakat has agreed to sell some of its stake in McLaren to the Formula One team’s overall head Ron Dennis, who is set to become the majority shareholder.

A McLaren spokesman said on Friday that share purchase agreements (SPAs) were signed last August between Mumtalakat, fellow shareholders TAG Holdings and Dennis.

Dec 12, 2014
Dec 12, 2014

F1 had to schedule Korean GP, says Ecclestone

LONDON (Reuters) – South Korea does not want a Formula One race next year but it was included on the calendar anyway for legal reasons, according to the sport’s commercial supremo Bernie Ecclestone.

“They (local organisers) would rather it not happen,” he told reporters.

Dec 12, 2014

Motor racing-F1 had to schedule Korean GP, says Ecclestone

LONDON, Dec 12 (Reuters) – South Korea does not want a Formula One race next year but it was included on the calendar anyway for legal reasons, according to the sport’s commercial supremo Bernie Ecclestone.

“They (local organisers) would rather it not happen,” he told reporters.

Dec 11, 2014

Button feels like he’s starting afresh

LONDON (Reuters) – Jenson Button said the wait was worth it and he felt like he was starting over again in Formula One after signing a new two-year contract with McLaren.

The Briton, the most experienced driver on the starting grid and 35 years old next January, will partner Spaniard Fernando Alonso in a lineup of champions.

    • About Alan

      "I am Reuters London-based motor racing correspondent, writing mostly about Formula One from around the world and covering my first race at Silverstone in 1991. I also report on other sports when not at grands prix."
      Languages:
      English, French, Spanish, Italian
    • More from Alan

    • Follow Alan