Zak Brown issues statement after McLaren F1 team sale

Change your timezone:
Zak Brown issues statement after McLaren F1 team sale
Zak Brown has issued a statement on McLaren's return
McLaren Racing CEO Zak Brown has released a statement after the outfit were valued at over £3.5 billion, just under five years after a huge team sale.
Following a 2020 season in which they had once again struggled to get close to the duopoly of Mercedes and Red Bull at the time, US investment Group MSP Capital bought a 33 per cent share in McLaren Racing, which led to the team being valued at £560 million.
Now, MSP Capital have themselves been bought out by majority shareholder Mumtalakat, Bahrain's sovereign investment fund, and Abu Dhabi-based CYVN Holdings, with McLaren now being valued at over six times that original amount.
It comes as McLaren Racing have exited Formula E, and are instead preparing for an entry into the 2027 World Endurance Championship.
On top of this, the outfit's F1 arm are on the brink of securing their second consecutive constructors' championship title in 2025, with the papaya squad potentially able to wrap up the championship next time out at the Azerbaijan Grand Prix.
Following the valuation of over £3.5 billion, McLaren Racing CEO Brown told BBC Sport: "It's a great day for McLaren. It has been an amazing quest to get back to where we are.
"It wasn't long ago our business was extremely challenged and we weren't competitive.
"So, five years later, this underlines the success F1 is having in the cost-cap era and has enabled us to be competitive.
"It's great to have McLaren back at the front again and great to have a simplified ownership structure."
McLaren's rise to the top
In F1, McLaren managed to get themselves from being one of the slowest teams on the grid at the season-opening 2023 Bahrain Grand Prix to winning the 2024 constructors' championship.
It was a remarkable turnaround, and one that was led by talented young stars Lando Norris and Oscar Piastri.
Now, with a second consecutive constructors' title all but wrapped up, the focus in 2025 is on Norris and Piastri's title battle in the drivers' championship, with one of them set to become McLaren's first drivers' champion since Lewis Hamilton in 2008.
Norris is currently 31 points behind Piastri heading into the final eight race weekends of the season.
F1 HEADLINES: Horner breaks F1 silence as 'offers' made to axed star
READ MORE: Norris blasts 'idiot' Verstappen after Italian Grand Prix scrap
READ MORE: F1 star facing SUSPENSION after Italian Grand Prix controversy
Related
More F1 news
Latest F1 news
Recommended by the editors
Max Verstappen
Toto Wolff eyes Max Verstappen move as George Russell contract clause could be triggered
F1 Social
Fans call for Kim Kardashian F1 ban as row rages over Brundle snub
Max Verstappen
F1 champion Max Verstappen just doxxed himself at the Monaco Grand Prix
Lewis Hamilton
Lewis Hamilton reveals Ferrari will get 'tokens' from FIA to catch Mercedes

Change your timezone:
Latest News
Toto Wolff eyes Max Verstappen move as George Russell contract clause could be triggered
- 11 minutes ago
Fans call for Kim Kardashian F1 ban as row rages over Brundle snub
- 57 minutes ago
F1 champion Max Verstappen just doxxed himself at the Monaco Grand Prix
- 1 hour ago
Lewis Hamilton denies speeding charge after F1 Monaco Grand Prix penalty
- 2 hours ago
- 1
F1 News Today: Brundle snubbed by Kim Kardashian as Monaco Grand Prix descends into farce
- 2 hours ago
Charles Leclerc says 'three out of four Ferrari brakes not working' in Monaco crash
- 3 hours ago
Most read
'There should be no race': George Russell's call to scrap Monaco Grand Prix
- 4 june
Max Verstappen announces definitive F1 sabbatical decision
- 1 june
Monaco Grand Prix mayhem as Lewis Hamilton overcomes puncture for iconic F1 win
- 6 june
FIA announce F1 star disqualification verdict at Canadian Grand Prix after race
- 23 may
Christian Horner takes surprise new job after Red Bull F1 exit
- 3 june
F1 News Today: Christian Horner accepts new job as Lewis Hamilton moves past Ferrari pain
- 4 june
F1 Standings
Drivers
- Lewis Hamilton
- Charles Leclerc
- Lando Norris
- Oscar Piastri
- Franco Colapinto
- Pierre Gasly
- Isack Hadjar
- Max Verstappen
- Alexander Albon
- Carlos Sainz
- Andrea Kimi Antonelli
- George Russell
- Oliver Bearman
- Esteban Ocon
- Fernando Alonso
- Lance Stroll
- Liam Lawson
- Arvid Lindblad
- Gabriel Bortoleto
- Nico Hülkenberg
- Valtteri Bottas
- Sergio Pérez
Races
-
Grand Prix of Australia 2026
-
Grand Prix of China 2026
-
Grand Prix of Japan 2026
-
Grand Prix of Bahrain 2026
-
Saudi Arabian Grand Prix 2026
-
Miami Grand Prix 2026
-
Grand Prix du Canada 2026
-
Grand Prix De Monaco 2026
-
Gran Premio de Barcelona-Catalunya 2026
-
Grand Prix of Austria 2026
-
Grand Prix of Great Britain 2026
-
Grand Prix of Belgium 2026
-
Grand Prix of Hungary 2026
-
Dutch Grand Prix 2026
-
Grand Prix of Italy 2026
-
Gran Premio de España 2026
-
Grand Prix of Azerbaijan 2026
-
Grand Prix of Singapore 2026
-
Grand Prix of the United States 2026
-
Gran Premio de la Ciudad de Mexico 2026
-
Grande Prêmio de São Paulo 2026
-
Las Vegas Grand Prix 2026
-
Qatar Grand Prix 2026
-
Grand Prix of Abu Dhabi 2026
Follow us on your favorite social media channel
Editorial & corporate information
Avenue HQ
10–12 East Parade
Leeds
LS1 2BH
United Kingdom Regional correspondence
View contact page
Realtimes Network
- Authors
- Privacy and Terms
- RSS
- Contact
- Advertise
- Android
- iOS
- Publishing principles
- Corrections policy
- Ownership & funding
- F1 Tickets
- Privacy
Copyright (©) 2017 - 2026 GPFans.com
Realtimes Network












