Fernando Alonso Still Staying Involved with McLaren

Published 12/28/2018, 9:44 AM EST

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The close ties between Fernando Alonso and McLaren could be set to grow even closer as the Spaniard is rumoured to become an investor in McLaren Racing.

According to Spanish website Soymotor, an announcement outlining Alonso’s involvement with the company is expected at the upcoming Autosport International show to be held in Birmingham from January 10th to 13th.

Alonso would acquire an interest in a new company that would run all of McLaren’s racing activities, including Formula 1, IndyCar and future potential projects such as Le Mans.

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The McLaren Group, principally owned by Bahrain’s sovereign wealth fund Mumtalakat and long-term shareholder Mansour Ojjeh, opened its capital to outside investment earlier this year when Michael Latifi – the father of F2 racer Nicholas Latifi – acquired a 200 million euro stake in the company.

via Imago

While he won’t be racing F1 next year, Alonso will retain a close link with McLaren, the 37-year-old and the British team pairing up once again to tackle the Indy 500 next May.

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McLaren boss Zak Brown also alluded to the possibility of Alonso testing the team’s 2019 F1 car, in a bid to provide feedback and help with its development, a move that would also leave the door open to a full-time return of the two-time world champion to Grand Prix racing in the future.

Soymotor‘s reports also states that following Alonso’s investment, the driver’s FA Racing squad that will operate next year in Formula Renault Eurocup, as well as in F4, karting and eSports, could become affiliated with McLaren.

Finally, the announcement of Alonso’s vested interest in McLaren is also expected to be accompanied by the disclosure of a new sponsorship deal between the team and Kimoa, the clothing company founded by the Spaniard, whose brand figured prominently on this year’s MCL33.

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Meanwhile, with Stoffel Vandoorne plying his trade in Formula E, McLaren are fielding a new lineup of Lando Norris and Carlos Sainz Jr.

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Written by:

Dhruv George

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Dhruv George is a senior Formula One and NASCAR analyst for EssentiallySports, having authored nearly 12000 articles spanning different sports like F1, NASCAR, Tennis, NFL, and eSports. He graduated with a PG Diploma in Journalism from the Xavier Institute of Communications. Dhruv has also conducted interviews with F1 driver Pierre Gasly and Moto2 rider Tony Arbolino.
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