McLaren Group Holdings Embarks on Bold British Automotive Future with CYVN Holdings
CYVN Holdings LLC, the advanced mobility investment vehicle from Abu Dhabi, today consolidates its portfolio of British businesses following its successful acquisition of McLaren Automotive and a non-controlling stake in McLaren Racing.
The newly formed McLaren Group Holdings Ltd will oversee the combined business of McLaren Automotive and Forseven, CYVN’s anchor investment in the UK. This new Group will include CYVN’s shareholding in McLaren Racing and the newly established McLaren Licensing arm.
By leveraging CYVN’s strategic investment in NIO, McLaren Automotive will access forward-thinking electrification technology, complemented by three years of stealth development from the Forseven team. This developmental work has incorporated Gordon Murray Technologies—acquired by CYVN Holdings in 2023—enhancing CYVN’s expertise in engineering and lightweight.
Demonstrating a commitment to rapid progress, McLaren Automotive will expand its product range into new categories, with more details to be released later this year.
Nick Collins, currently CEO of Forseven, will become Chief Executive Officer of McLaren Group Holdings.
Under the leadership of Chairman Jassem Mohamed Bu Ataba Al Zaabi, CYVN has a clear strategy to redefine high-performance and luxury sectors, set new benchmarks for excellence, and transform McLaren into a world-class British automotive enterprise.
Jassem Al Zaabi, who will become Chairman of McLaren Group Holdings, commented: “I am personally committed to realising this vision. It’s not merely about investment; it’s about shaping the future of McLaren as a brand, business, and global automotive contender. We intend to push boundaries and deliver pioneering innovations that advance the sector.
“This marks the start of an exciting new era for McLaren as both a car brand and an automotive business. With our active ownership via CYVN Holdings, alongside our complementary businesses and strategic investments, McLaren will access world-class engineering, cutting-edge technology, and seasoned leadership in advanced mobility. These resources will power McLaren’s next chapter and ensure the brand remains at the forefront of innovation.”
He added: “We are equally committed to McLaren Racing’s long-term success. Our investment reflects our confidence in its growth potential, and we look forward to supporting the team in achieving further podiums and inspiring fans worldwide.”
Nick Collins, McLaren Group Holdings Chief Executive Officer, commented: “With the support and ambitions of our shareholders, we have a unique opportunity to grow McLaren sustainably into a world-leading enterprise. The combination of McLaren’s achievements and Forseven’s rapid progress is remarkably complementary. We believe McLaren can achieve more, do more, and offer more.”
A turnaround plan for the existing McLaren Automotive operation will begin immediately and will run in parallel with the integration and structural alignment process over the next six months.
Collins explained: “We have a clear strategy to achieve our vision, and we will move remarkably to make it happen. We must optimise operations, introduce efficiencies, and reshape this new, integrated organisation to expand our car portfolio, enhance customer experiences, and further strengthen our global supplier and dealer relationships.”
Further details on the new McLaren Automotive vision and strategy will be announced later this year.
