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The group was founded by Ron Dennis shortly after his acquisition of the McLaren Formula One team in 1981, as the TAG McLaren Group due to a partnership with Mansour Ojjeh's TAG Group. The Formula One team had been established by New Zealander Bruce McLaren in 1963. McLaren Group was renamed McLaren Technology Group in 2015. In June 2017 it was ...
In May 2021, McLaren and Castore announced a multi-year deal for them to become the official team apparel and sportswear partner to the McLaren Formula One team. [19] In the same month, Castore signed a multi-year deal with Premier League club Wolverhampton Wanderers to become their new on-field partner. This partnership deviated from previous ...
Between 2015 and 2017, the team competed as McLaren Honda due to their engine partnership with Honda. [360] The team has competed as McLaren F1 Team since 2018. [361] CEO Zak Brown has said that he will not be selling the name of the team to a title sponsor to keep the team's name intact and will be looking for major sponsors instead. [362] [363]
In September 2020, it was announced that former Ferrari team boss Stefano Domenicali would become the new chief executive of the Formula One Group. [32] On 28 November 2022 Ross Brawn confirmed he was retiring from F1. [33] The Formula One Group is listed in the Nasdaq as a tracking stock under the ticker FWONA and FWONK. [34]
McLaren Automotive (/ m ə ˈ k l ær ə n / mə-KLARR-ən; formerly known as McLaren Cars) is a British luxury automotive manufacturer based at the McLaren Technology Centre in Woking, England. The main products of the company are sports cars , which are produced in-house in designated production facilities.
On 10 December 2024, it was reported that CYVN Holdings have acquired the automotive business of McLaren from Mumtalakat, a deal which will see the high-performance automobile company weathers through its financial woes and build its first electric supercar. The deal will also see CYVN hold a non-controlling stake in McLaren's racing business. [8]
Expected to start in late November, Atchison will pick up the role from Chad Grant, is acting as interim President of McLaren Northern Michigan. Grant is McLaren Health Care's Chief Operating Officer.
Before the arrival of sponsorship liveries in the 1968 season the team's nationality also determined the colour of a car entered by the team; thus, Italian teams' cars were rosso corsa red, French were bleu de France blue, and British (with several exceptions, such as cars entered by teams Rob Walker, [26] Brabham [27] and McLaren [28]) were ...