Nidala, a company owned by Canadian businessman Michael Latifi, invested £203m in McLaren. The investment gives MR. Latifi a 10% stake in the company. Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman, explained: “This injection of capital is a vote of confidence in our future strategy and the group remains as focused as ever in positioning for growth. We are delighted Michael Latifi has joined the McLaren family.”