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Bahrain’s Mumtalakat and Abu Dhabi’s CYVN Holdings took full ownership of McLaren Racing Tuesday in a deal some media reports said valued the reigning Formula One champions at more than $4bn.No financial details were given in a McLaren Group statement confirming the purchase of all shares held by MSP Sports Capital, funds managed by O’Connor Capital Solutions, Ares Sports, Media and Entertainment funds and Caspian Funds.Sky News earlier reported the sale of the 30% stake would value the team at more than £3bn ($4.05bn).Bahrain sovereign wealth fund Mumtalakat will remain the majority shareholder with CYVN, majority-owned by the government of Abu Dhabi, having a non-controlling stake.CYVN created McLaren Group Holdings last April after completing its acquisition of sportscar maker McLaren Automotive.McLaren Racing runs teams in Formula One, US-based IndyCars and will enter the World Endurance Championship from 2027.US-based investment group MSP and others took a significant minority stake in 2020, when McLaren were in need of funds during the Covid-19 pandemic.The deal, for a maximum 33% stake by 2022, valued the British racing outfit at £560mn at the time. Since then McLaren have emerged as a dominant force in the sport, winning the constructors’ title last year for the first time since 1998 and on course to win both titles this season.“Our suite of minority investors came on board in 2020 and we thank them for their tremendous support over the past few years as we set McLaren Racing on a path to commercial growth and financial stability,” said McLaren Group Executive Chairman Paul Walsh.He said the simplified ownership structure “strengthens our ability to future-proof the business and capture new growth opportunities.”MSP Sports Capital CEO Jeff Moorad and chairman Jahm Najafi will vacate their seats on the McLaren Racing board.Ares Management said in a statement the proceeds from the transaction “will be used to return capital to investors and further strengthen its position as an experienced investor across the sports ecosystem”.

Qatar coach Julen Lopetegui has announced the squad for the two friendly matches against Russia and Bahrain, as part of preparations for the fourth round of the Asian qualifiers for the 2026 FIFA World Cup which will be held in the United States, Canada and Mexico.Qatar will face Bahrain on September 3 at Al Thumama Stadium, before taking on Russia on September 7 at Jassim Bin Hamad Stadium. These matches continue the team’s preparation programme, which started with an abroad training camp in Austria last July.The squad saw little change from the one announced by Lopetegui in early July, except for the absence of captain Hassan al-Haydos and striker Almoez Ali due to injury.The Spanish coach recalled several names, including Al Rayyan goalkeeper Mahmud Abunada, Al Duhail defender Sultan al-Braik, and Al Wakrah defender Almahdi Ali, while excluding goalkeepers Marwan Sharif and Shehab Ellethy.The Asian Football Confederation (AFC) had held the draw for the fourth round (continental playoff), which will be hosted in Doha, placing Qatar in Group A alongside the UAE and Oman.Qatar will begin its playoff campaign against Oman on October 8, before meeting the UAE on October 14, while Oman will face the UAE on October 11. Group B will be held in Saudi Arabia and includes the host nation along with Iraq and Indonesia.Qatar, the reigning two-time AFC Asian Cup champions, reached the playoff after finishing fourth in the third round with 13 points from 10 matches, behind Iran (23 points), Uzbekistan (21 points), and the UAE (15 points). Kyrgyzstan finished fifth with eight points, and North Korea sixth with three pointsQATAR SQUAD: Mahmoud Abunada, Meshaal Barsham, Salah Zakaria (goalkeepers), Abdulaziz Hatem, Ahmed al-Rawi, Ahmed Alaa, Ahmed al-Ganehi, Ahmed Fathy, Ahmed Suhail, Akram Afif, Almahdi Ali, Assim Madibo, Bassam al-Rawi, Boualem Khoukhi, Edmilson Junior, Guilherme Torres, Homam al-Amin, Ismail Mohammed, Jassim Jaber, Karim Boudiaf, Mohammed Mannai, Mohamed Khalid, Mohammed Muntari, Pedro Miguel, Sultan al-Brake, Tarek Salman.Meanwhile Bahrain head coach Dragan Talajic has called up under-17 player Hussain Zuhair and Al Ahli Club’s Sayed Mahdi Sharaf in the squad.Zuhair and Sharaf join a formidable Bahrain roster that already includes Mohammed Jassim Marhoon, Mohammed al-Rumaihi, Amine Benaddi, Waleed al-Hayyam, Abdulla al-Khalasi, Ahmed Dhiya, Sayed Mahmoud al-Mosawi, Ahmed Bughammar, Hamad Shamsan, Sayed Mahdi Baqer, Sayed Dhiya Saeed, Hussain al-Eker, Vincent Emmanuel, Hazza Ali, Hussain Jameel, Mahdi Humaidan, Ali Madan, Ahmed al-Sherooqi, Omar Saber, Jassim al-Shaikh, Komail al-Aswad, Abdulla al-Subaie, Hussain Abdulkarim, Mahdi Abduljabbar, Ebrahim al-Khattal, and goalkeepers Ebrahim Luthfallah, Mohammed al-Gharably, Abdulkarim al-Fardan and Yousef Habib.Bahrain will also play a friendly against the United Arab Emirates on September 8.