Freshfields advises McLaren and Mumtalakat in connection with its acquisition of all shares in McLaren Racing held by minority shareholders

Global law firm Freshfields has advised McLaren and its major shareholder Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, in connection with McLaren’s acquisition of all shares in McLaren Racing held by MSP Sports Capital, funds managed by O’Connor Capital Solutions, Ares Sports, Media and Entertainment funds, and Caspian Funds.

McLaren Racing is home to the McLaren Formula 1, IndyCar as well as the World Endurance Championship team from 2027 onwards.

The transaction will enable Mumtalakat and CYVN Holdings LLC, an advanced mobility operator and investment vehicle based in Abu Dhabi, to increase their share and assume full ownership of the iconic British motor racing business. Mumtalakat will continue as majority shareholder of McLaren, with CYVN Holdings owning a non-controlling stake.

The Freshfields team was led by Partners Rhys Evans and Damien Zoubek, together with Senior Associate Max Sanders and Associate Jack Robb. Antitrust advice was led by Partner Tom McGrath and Tax advice was led by Partner Paul Davison.