Abu Dhabi’s CYVN Holdings and Bahrain sovereign wealth fund Mumtalakat Holding have announced the successful completion of CYVN’s acquisition of McLaren Automotive and a non-controlling stake in McLaren Racing.
This follows the strategic agreement that CYVN signed in December 2024 with Mumtalakat which was subject to customary closing conditions and obtaining regulatory approvals.
This milestone marks a significant step in CYVN’s strategy to build a leading, globally connected mobility platform and unlock McLaren’s full potential in the high-performance automotive sector.
New owners for McLaren
The completion of this transaction also aligns with Mumtalakat’s strategy to optimise and enhance its portfolio, while ensuring sustainable long-term financial returns.