CYVN completed the acquisition of a minority stake in McLaren Racing from Mumtalakat.

CYVN, an investment vehicle owned by the Government of Abu Dhabi, completed the acquisition of a minority stake in McLaren Racing, an operator of a car racing team, from Mumtalakat, a sovereign wealth fund of Bahrain. Financial terms were not disclosed. “We are also equally committed to driving the long-term success of McLaren Racing. Our investment reflects our strong conviction in the Racing business’ potential, and we look forward to supporting the team in building on their successes, winning more podiums, and inspiring fans worldwide,” Jassem Mohamed Bu Ataba Al Zaabi, CYVN Chairman.