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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. Mumtalakat has been an investor in McLaren Group since 2007, when it bought a 30% stake from founding shareholders Ron Dennis and Mansour Ojjeh.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007. Al-Futtaim and its network of experienced retailers will allow Fisker to reach customers in the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Egypt.

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Toyota Hybrid wins Six Hours of Sao Paulo

Green Car Congress

In July 2007, a Toyota Supra became the first hybrid winner in the Tokachi 24 Hours. Toyota Racing’s next action comes at the Bahrain International Circuit for the Six Hours of Bahrain.

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