Saudi's PIF in talks to buy stake in McLaren Group - Sky News


FILE PHOTO: The McLaren logo is seen on the McLaren 765LT at its launch at the McLaren headquarters in Woking, Britain, March 3, 2020. REUTERS/Peter Nicholls

LONDON (Reuters) - Saudi Arabia's Public Investment Fund (PIF) and global investment firm Ares Management are in advanced talks to take a 400 million pound ($553 million) stake in the McLaren Group, Sky News reported on Friday.

There was no comment from McLaren and PIF was not immediately available for comment.

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