McLaren is once again going to change ownership, this time to an investor from the UAE
In less than seven months since Bahrain’s sovereign wealth fund, Mumtalakat, took full ownership of McLaren Group, including both its luxury supercar and Formula 1 racing operations, McLaren is once again undergoing a significant shift in ownership.
This time, the ownership transition brings the British sports carmaker further into the orbit of the Middle East, with a new investor from the United Arab Emirates (UAE) taking the reins. The latest acquisition sees McLaren Automotive now under the ownership of CYVN Holdings, a firm based in Abu Dhabi.
Moreover, this change comes as part of a broader effort to secure new investments and accelerate the development of next-generation technologies, particularly in the electric vehicle (EV) sector. The transaction was formally announced through a press release, which emphasised that the deal’s primary objective is to “attract additional investment” to McLaren and “accelerate the evolution of EV technology.”
CYVN Holdings is a major player in the UAE’s investment landscape, and its involvement with McLaren also signals a deeper push by Middle Eastern entities into the global automotive industry. The UAE has been increasingly interested in expanding its presence in high-tech sectors, with a focus on sustainable innovation and cutting-edge engineering.
On top of that, For McLaren, this partnership offers the potential for not just financial backing but also the resources and expertise needed to compete in the rapidly evolving automotive market, particularly as electric vehicles gain traction worldwide. While the details of the deal remain closely guarded, it is expected that CYVN Holdings will also look to expand its influence within the brand’s racing division in the future.
The statement from CYVN Holdings indicated that, in due course, the firm plans to acquire a stake in the carmaker’s Formula 1 team, further solidifying its commitment to the iconic British brand’s broader operations. This shift also comes at a time when McLaren is heavily invested in both innovation and performance, with the company’s racing team already showing signs of resurgence in recent seasons.
The acquisition is part of a wider trend of Middle Eastern investments in high-performance automotive brands, which have increasingly become a strategic focus for regional sovereign wealth funds looking to diversify their portfolios. With the backing of CYVN Holdings, McLaren is poised to enter the next phase of its evolution, combining its storied legacy with cutting-edge technologies in an era of electric mobility and global expansion.
