Due to a change in ownership structure, the McLaren Formula 1 team’s owner has been valued at about £3.5 billion, which is more than a sixfold increase over the previous year.
MSP Capital, a 33% stake in McLaren Racing that was acquired by majority shareholders Mumtalakat, Bahrain’s sovereign investment fund, and Abu Dhabi-based CYVN Holdings, has been acquired by US investment group MSP Capital.
MSP invested £185 million in its stake, which was then McLaren Racing’s valuation of £560 million.
Zak Brown, the CEO of McLaren Racing, stated to BBC Sport: “It’s a great day for McLaren.” It has been a wonderful journey to get back to where we are.
Our business was not competitive and our business was no longer very challenged.
This demonstrates the success F1 is having in the cost-cap era and has made us competitive, F1 said five years later.
“It’s great that McLaren is back in the lead and that the ownership structure has been simplified.”
McLaren Racing will enter the World Endurance Championship in 2027 along with a dominant US-based IndyCar World Series team. At the conclusion of the most recent season, it closed its team in the all-electric Formula E world championship.
The move highlights McLaren’s remarkable turnaround in F1 under Brown’s leadership, who took over the company in 2016, and its continued success under Andrea Stella’s leadership, who became team principal in December 2022.
McLaren are well on the verge of a drivers’ and constructors’ title duo after winning the constructors’ championship last year for the first time since 1998.
With victories in 12 of the 15 races thus far this season, Lando Norris and Oscar Piastri are first and second in the drivers’ championship.
In the constructors’ title chase, McLaren have more than double the points of Ferrari’s closest rivals.
McLaren Racing stated in a statement that “the transaction will position McLaren Racing for continued success both on and off the track.”
The board and executive management “continue to work toward building the world’s most innovative and thrilling racing team.”
McLaren Racing, a division of McLaren Automotive, was acquired by CYVN Holdings earlier this year, is owned by the McLaren Group.
MSP held the majority of the shares of the minority shareholders in the transaction, which was announced on Tuesday, with Mumtalakat and CYVN purchasing all of them.
Our group of minority investors joined in 2020, according to Paul Walsh, the executive chairman of the McLaren Group, and we thank them for their unmatched support as we put McLaren Racing on a course to financial stability and commercial growth.
During Russian President Vladimir Putin’s visit to China, Russia and China have come to terms with building a new gas pipeline, Gazprom reported, underscoring the strengthening of their economic and energy ties.
A “legally binding memorandum” had been signed to develop the pipeline, according to Alexei Miller, CEO of Gazprom, Russia’s largest energy company, on Tuesday.
An additional 50 billion cubic meters (bcm) of gas could be transported by Mongolia’s Power of Siberia 2 each year from Russia’s Arctic Yamal fields to China.
Miller added that from now on, deliveries from eastern Siberia to China will increase to 44 bcm annually from 38 bcm.
The agreement would increase Beijing’s energy options while reducing its dependence on American-imported liquefied natural gas (LNG) imports.
Vladimir Putin, the president of Russia, signs the first section of the pipeline during a ceremony held on September 1 in the village of Us Khatyn to officially begin the “Power of Siberia” pipeline.
Unprecedented ties, in your opinion.
Following high-profile meetings between President Putin and Chinese President Xi Jinping, the Russian leader praised Beijing’s “unprecedented ties.”
For the Shanghai Cooperation Organization (SCO) summit in Tianjin, China, Xi also hosted dozens of world leaders, including Prime Minister Narendra Modi. The Chinese leader urged regional leaders to reject “Cold War mentality,” making explicit reference to the United States, by promoting the security bloc as an alternative to the Western-led international order.
Despite several rounds of discussions, Beijing and Washington have not yet reached a trade agreement.
US President Donald Trump stated in an interview with “Scott Jennings Radio Show” on Tuesday that he is “not concerned at all” about a growing US-to-Russia border.
Pricing for the new route is undetermined, though. Russia’s efforts to offset the decline of its European gas market, while China seeks discounts, are being met separately, according to Miller, who stated that negotiations on costs would be handled.
According to Michal Meidan, head of China Energy Research at the Oxford Institute for Energy Studies, “Announcements about Power of Siberia 2 are a huge turning point in the geopolitics of energy.” The message is that China no longer cares about what the West thinks or even pretends to be complicit in US sanctions. Additionally, it is not by itself.
boosting economic ties
Russia’s sanctioned Arctic LNG 2 project has already sent liquefied natural gas to China, indicating that it is ready to defy Western pressure.
Moscow and Beijing’s trade increased to $ 240 billion in 2023, underlining their growing partnership since Russia’s invasion of Ukraine in 2022.
No details were provided, but officials from the Kremlin claimed that during Putin’s ongoing visit, 22 agreements, including one involving a strategic cooperation agreement between China National Petroleum Corporation and Gazprom, had been signed.
After celebrating their second anniversary in June, the presenter revealed details of her union to football player Bradley Dack.
Olivia Attwood has opened up about her marriage to husband Bradley Dack(Image: oliviaatwood/instagram)
Olivia Attwood has claimed that Bradley Dack and her football team are not in a “perfect relationship.”
The former Love Island star married the Gillingham midfielder in 2023 and their relationship has been the subject of a string of headlines over the years.
Ahead of the release of the second series of her series Olivia Attwood’s Bad Boyfriends, in which she whips badly behaved men into shape, Attwood told the PA news agency: “Perfect doesn’t exist, and everyone’s idea of a perfect relationship is different.
When viewers watch that, I ask them to remember that as well. You can’t write the rules for another couple; some things are non-negotiable in one relationship, but they are acceptable in another.
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The presenter has admitted their marriage isn’t “perfect”(Image: Instagram)
Although we tongue-in-cheek say in the show that we are a perfect couple, Brad and I are not perfect. Although our relationship is imperfect, it is just as good as it was for me.
Finding someone to be your life partner is where it works, where it makes your life better rather than worse, in my opinion.
And I believe that the show’s central theme is that what works for one person won’t work for everyone, and that is true of all people.
The new series of Bad Boyfriends is coming soon to ITV2(Image: ITV)
Eight unsuspecting men were taken to a Greek island on the premise that Attwood would film a series about manhood and bromance, but the series’ producers were shocked when it was revealed that their girlfriends would be their girlfriends.
The contestants battled it out to become the most improved boyfriend in 11 episodes as they competed in a number of challenges designed to change their ways.
Attwood remarked, “This series is braver. The stories do, in my opinion, go a little deeper. You always have the chance to push the show in the direction you know it can take, in my opinion, with the second series.
Is your partner’s timeline the same as yours when you’re in your 30s and contemplating your next steps in life?
Because of the fact that many people are younger and not at that stage yet, I believe timelines and relationships can be decisive factors. They had a lot of bravery when they shared that tale with us.
Bad Boyfriends, starring Olivia Attwood, will soon be on ITV2.
Noel Fielding, the Great British Bake Off host, has been dating Lliana Bird for more than ten years, but the comedian has long been connected to a number of famous women.
Noel Fielding returns to the Bake Off tonight(Image: CHANNEL 4)
The eccentric host of The Great British Bake Off, Noel Fielding, is set to jump back into his hosting duties on the Channel 4 show tonight as it returns for it’s sixteenth series.
Noel, 52, is renowned for his quirky style, often donning vibrant shirts or jumpers and an array of cowboy boots. His television career kicked off decades ago when he co-created The Mighty Boosh with Julian Barratt, a show that was hugely successful and earned him numerous awards in the Noughties.
The actor and TV presenter has since appeared in numerous well-known comedies including Nathan Barley and The IT Crowd before establishing his own Channel 4 program, Noel Fielding’s Luxury Comedy. Prior to his current role on Bake Off, he also served as the team captain on Never Mind the Buzzcocks.
But what is Noel’s life like away from the cameras? The Great British Bake Off star has had several high-profile relationships over the years, but is currently with long-term partner Lliana Bird, with whom he shares two children. Here’s everything we know about the TV star’s romantic history as he prepares to return for the iconic baking series.
Lliana Bird
Noel and his long-term partner Lliana Bird share two children together(Image: Getty Images)
Noel has been working with Lliana Bird, a 43-year-old broadcaster, podcaster, writer, and activist since 2010. When Noel is suddenly caught on camera, the couple, who live in a leafy suburb of Highgate, North London, live quietly with their two young children.
Noel and Lliana, who they affectionately referred to as Birdy, gave birth to their first child in 2018, and they named her Dali, presumably in honor of the Spanish surrealist artist Salvador Dali. Dali, their first child, is now thought to be seven years old.
Iggy, their second daughter, was just five years old when she was born in August 2020.
Birdy has appeared in numerous theatre productions in addition to her media career.
Noel and Lliana Bird have been together since 2010(Image: Dave Benett/Getty Images for Mamma Mia)
She co-founded Choose Love, a charitable organization that helps refugees and displaced people all over the world, and co-founded her own production company, Bird and Be.
She previously held the position of radio host for Radio X on Sunday evenings. Additionally, she co-authored The Mice Who Sing For Sex: And Other Weird Tales From The World Of Science.
The mother-of-two revealed last year that her debut children’s book was a “total dream” and that she had published it.
Posting on Instagram to her 32,000 followers, she shared at the time of it’s release: “I’m over the moon to finally be able to share some news I’ve been holding in for a long time. This September my first children’s book will be published, by the incredible Rocket Bird Books. I honestly couldn’t be prouder to be one of their writers… It’s a total dream.”
Delia Gaitskell
Noel dated ex Delia Gaitskell in his Mighty Boosh days (pictured with co-creator Julian Barratt) (Image: Getty Images)
Noel had a relationship with Delia Gaitskell, a member of the film Robots in Disguise, before they started dating.
Dee, 48, has appeared in numerous episodes of The Mighty Boosh and occasionally with bandmate Sue Denim, possibly because of their first encounter.
Dee and Noel were together for reportedly ten years, but despite his current status as hosts of the Bake Off, it is said that during their relationship in his earlier years, the television host was helpless in the kitchen.
Ted, Noel’s father, claimed that Noel “freakly cooked for my daughter.” Ted explained that Noel would never do anything but order some pasta and some sauce, expressing his shock that Noel had been cast in the Bake Off. I’m surprised he’s doing the job. He never, ever, had any interest in cooking.
Even though Noel was romantically linked to a number of other women during his “wild phase,” including Courtney Love and Bob Geldof’s daughter Pixie, Dee and Noel continue to be close friends despite their separation.
Courtney Love
Courtney Love and Noel partied together in the Noughties and are thought to have had a romance(Image: Getty Images)
Noel frequently pictured with Hole vocalist Courtney Love, who was famously wed to Kurt Cobain’s Kurt Cobain. According to reports, the pair reportedly started dating in 2006, and later their close friendship turned into a blossoming romance.
Noel and Courtney, 61, were frequently seen holding hands and appearing intimate during London nights out in the Noughties, particularly in Camden, where he socialized with Amy Winehouse and Alison Mosshart from The Kills, who he is also said to have had a brief romance with.
Noel recalled a more reckless time in his Never Mind the Buzzcocks appearance when he admitted to using excessive amounts of cocaine and acknowledged that things were “a little dicey” before he became sober about ten years ago.
He recalled saying, “OK, you gotta go home now, you gotta go home,” while mimicking Courtney’s voice. It is over. Go home now that the party is over.
Pixie Geldof
Noel and Pixie Geldof were linked in 2007 when she was 16 and he was 33(Image: Getty Images)
Noel also had a romantic relationship with Pixie, the daughter of Boomtown Rats legend Bob Geldof. The Evening Standard reported that Pixie and Noel had been “canoodling” and “couldn’t take her eyes off him” in 2007.
Pixie was only 16 years old at the time, and Noel was 33 years old at the time.
Noel described Pixie as “unbelievable,” according to The Sun. Although she is much younger, there is chemistry between us and we liked each other.
Pixie Geldof first met Noel when she was 16-years-old(Image: WireImage for Nowness)
He refuted claims that they were romantically involved, saying, “When I first met her, I had no idea who she was and how young. Because her father obviously wanted to kill me, it created many issues.
Noel maintained that the pair were “just friends” and rejected suggestions that they were ever romantically linked, but they were also photographed appearing intimate two years later in 2009 in a photo.
Noel said, “These things are just like fairytales aren’t they?” when he spoke at the Galaxy British Book Awards.
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Olivia Attwood, the star of Love Island, is reportedly dealing with her best friend’s breakup amid worries for her marriage following cozy Pete Wicks photos.
Over their marriage, there has been some skepticism between Olivia Attwood and her husband Bradley Dack.
Olivia Attwood is said to be suffering a secret turmoil amid all the attention into her marriage following her holiday with pal Pete Wicks. The Love Island star has faced fierce speculation over the state of her relationship with husband Bradley Dack following her trip to Ibiza last week.
She was snapped cosying up with Pete on the five-day trip with their team. Upon her return to the UK, Olivia was spotted arriving to their radio show without her wedding ring amid claims Bradley was far from impressed by the holiday snaps.
However, it is not the only pain in Olivia’s world right now as she has reportedly lost her BFF Ryan Kay. The TV star let loose in Ibiza with her stylist Ryan just last year as they even got matching tattoos.
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Olivia and Ryan were once inseparable (Image: REX/Shutterstock)
Olivia was seen looking close to Pete Wicks on their trip(Image: Dave Benett/Getty Images for Universal)
However, despite their once very close friendship, Ryan was still nowhere to be seen on the trip a year later. Olivia’s complete separation from him is said to have not been unheard of by fans.
In the most recent drama, Rylan reportedly siding with Bradley, and things are thought to have turned toxic between the former friends. Many people are now curious about what happened between him and Olivia because Ryan is a close friend of other Love Islanders, including Georgia Harrison and Molly Smith.
“Things have turned really sour between Olivia and Ryan,” a source told the Sun. “They are refusing to tell people exactly what went on but they aren’t speaking – or even following each other online.
He has played such a significant role in her life, she says, “It’s very sad.” Georgia and her close friends also find it very awkward.
While a pal close to Ryan claimed he is feeling “disgruntled” and was “gutted” to not be there throughout her This Morning journey. “He can’t lie – it’s hurtful that she’s moved on so quickly and ditched him now she’s hit the big time,” they added.
Olivia’s family believes Ryan’s actions are to blame for the conflict. Olivia and your team deserve every single one of you, and I can only be proud of you for the journey and the next chapter, he said when he first received the This Morning gig.
He made an appearance on Olivia’s podcast in April and was referred to as her “best mate.” He was with her as she celebrated her birthday a month later.
He appeared on her podcast earlier this year(Image: So Wrong It’s Right with Olivia Attwood/Youtube)
Ryan even offered to sell Olivia’s wardrobe on the Attwood’s Closet page in July, even though he had already done so. Since then, Ryan hasn’t shown any signs.
Ryan reached out to Bradley after being claimed that he was unimpressed by the photos of Oliva and Pete on their vacation. While a source told the Mirror that “Bradley has never liked Ryan and has never spoken to him apart from Olivia. He was consistently wary of his intentions.”
Following the speculation into the state of their marriage, Olivia and Bradley stepped out together. Just hours before, Bradley was reported to be furious about the pictures of Pete and Olivia.
Bradley tried to laugh it off, according to one source, but he is inside fuming. Olivia’s partying ways are understood by the couple, according to an insider, but Bradley was upset by the new photos’ public nature.
Olivia and Bradley have argued that their relationship is not hindered by recent photos. Olivia openly admitted to The Mirror that their marriage is still good despite their differences.
“Brad and I do a wonderful relationship,” she says. However, the relationship between me and him is imperfect. But, she said, “It’s a good relationship.” We all acquire that knowledge. There is no such thing as perfect. You’ll find someone with a new set of issues if you leave someone because of a particular set of issues.
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Olivia and Bradley’s representatives have been contacted by The Mirror for comment.
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Tom Grennan has revealed the challenges he has encountered since becoming a father earlier this year, just days after breaking news that he had given birth to a secret daughter.
Tom Grennan has opened up about the struggles he has faced since becoming a dad earlier this year, admitting he found it “tough” to begin with(Image: Alan Chapman/Dave Benett/Getty Images)
After welcoming his daughter Dorothy earlier this year, Tom Grennan claims he had a difficult time finding his place in the family. He now feels more at home with the family. The phrase “the baby actually doesn’t need me at all, this baby needs mum” really stuck in my head.
“But then mum needs me, I need to be there just supporting and doing as much as I can. You don’t want to feel jealous of the fact that the baby wants what she wants, it’s more, it’s not jealousy, it’s just, ‘I’m useless right now’,” said the pop star, 30, who welcomed the new arrival with his Pilates teacher wife Danniella Carraturo.
“I’m third wheeling big time. I can’t feed her, I can’t do anything really, apart from just be really supportive with Danniella,” added Tom on his BBC podcast, You About?.
Tom welcomed the new arrival with wife Danniella Carraturo, whom he married last year after four years together(Image: Dave Benett/Getty Images for Serge DeNimes)
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Supporting Danniella – who he met in 2020 and married last year -has become a priority more than ever for Tom now, who admits that seeing her giving birth has given him a new perspective.
“Daniella was all I was concerned about when I was in the labor ward.” But she shattered it. And I believe that watching a woman give birth is on a different level, man. You’re like, “Wow, you’re super human,” you think just after seeing it. But he told Roman Kemp, the host, that it was so moving, to be honest.
Despite becoming a dad earlier in the summer, The Little Bit Of Love singer chose not to announce the news until 22 August, when he shared a picture of Dorothy – nicknamed Dottie – to Instagram.
Words will never suffice to express the gratitude I feel for the young man who never thought he’d make it to three consecutive number one albums and joining an illustrious club like The Beatles and Oasis.
Tom shared a picture of his daughter holding a chart award to announce he had become a dad, several months after her birth(Image: tom.grennan/instagram)
The best gift I could ever hope to receive is the opportunity to become a father at the same time. Being a father gave me everything, but music gave me a purpose. The past gave me strength, the present gave me strength, and the future I aspires to.
He concluded, “I really couldn’t do it without you all, thank you so much for once more making my dreams come true.”
“The upcoming tour in September will be amazing to see so many of you. We are just beginning, so I’m really looking forward to what’s in store.
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Tom has now stated, “I think we wanted to have the first few months with it just being our news and our families and friends,” in response to his decision to not disclose Dorothy’s birth earlier.
“And now I’ve entered this new chapter of my life, and it’s beautiful,” Tom said, adding that it was also very “scary.”
