“Our suite of minority investors came on board in 2020 and we thank them for their tremendous support over the past few years as we set McLaren Racing on a path to commercial growth and financial stability,” McLaren Group Executive Chairman Paul Walsh was quoted as saying by Reuters.
Najafi added: “Formula 1 has transformed into a global media and entertainment platform thanks in no small part to the vision of savvy team owners like McLaren Group Limited, who have demonstrated time and again, year after year, the ability to drive innovation, performance, and results in a sport we believe has no equal in terms of its long-term economic potential.
“We are honoured to have been able to work with Mumtalakat and the McLaren team and we look forward to staying involved in this incredible sport as active supporters.”
Having already secured last year’s constructors’ title, McLaren is widely expected to clinch both the drivers’ and constructors’ championships this season.