McLaren land £185m boost and claim third in F1 constructors’ championship

Lando Norris helped McLaren finish third in the F1 constructors’ championship. Picture: Giuseppe Cacace/AP

McLaren have been handed a significant financial boost after a £185million investment deal was announced on the same day they finished third in Formula One’s constructors’ standings.

A consortium led by American-based investment group, MSP Sports Capital, will take a 15 per cent significant minority stakeholding in Britain’s most successful F1 team, rising to a maximum of 33 per cent by the end of 2022.