MSP Sports Capital Acquires Stake In McLaren Racing

YAS ISLAND, Abu Dhabi – MSP Sports Capital has partnered with UBS O’Connor LLC and The Najafi Companies to acquire a stake in McLaren Racing. MSP Sports Capital is a diversified sports investment group with strategic stakes in properties at the intersection of global media rights, distribution technologies, content creation, sponsorship, esports, betting and data. MSP Sports Capital’s principals are experienced, well-known figures in the sports industry, as owners, investors and operators in Major League Baseball, National Basketball Ass’n), ESPN and sports management. The transaction will see MSP Sports Capital acquire a significant minority shareholding in the team, with McLaren Group remaining the majority shareholder. MSP Sports Capital will invest a total of £185m into McLaren Racing, acquiring an initial 15 percent stake that will increase to a maximum of a 33 percent shareholding by the end of 2022. The transaction values McLaren Racing at £560m, post-money.

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