Source: McLaren Media Centre

F1 News

McLaren's new shareholder investment doesn't mean race seat for son

McLaren's new shareholder investment doesn't mean race seat for son

26-05-2018 12:14
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Jake Williams-Smith

McLaren has reaffirmed that there haven't been any talks in place for the son of their new shareholder, Nicholas Latifi. Latifi is currently competing in the Formula 2 series and is a Force India reserve driver.

McLaren CEO Zak Brown, speaking on Thursday said that there had been no outside influence over the team to offer Latifi a race seat for 2019.

“That’s never been a discussion. He’s doing quite well in Formula 2. At McLaren we’re always looking for the best drivers we can get.

“He’s doing a good job but it’s never been part of the conversation.

Brown confirmed that the investment would be solely focused on improving the team but it could also be invested into the road car division.

“The board and the shareholders will decide where they want to invest that money,” he added.

“I presume it’ll be sprinkled into all three businesses (the F1 team, McLaren Automotive and McLaren Applied Technologies) in some way, shape or form.

“Formula 1 obviously has a big thirst for expenditure in trying to keep up with teams with a larger budget, so I’m sure some of it will go into investing in our racing team but also developing our road car and technology businesses.”