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McLaren’s “fragile” business risked stalling F1 progress

The Woking-based operation announced last weekend an £185 million deal for an American consortium to buy into its F1 outfit.
The group of investors, led by MSP Sports Capital, have taken a 15 percent stake in the McLaren F1 team and are expected to increase their ownership to a maximum of 33 percent by 2022.
The cash boost will allow McLaren to switch work back on for major projects like …Keep reading