<ul><li>Abu Dhabi-owned investment company, CYVN, has acquired McLaren Automotive from Mumtalakat, the sovereign wealth fund of Bahrain.</li><li>McLaren will be merged with British luxury automotive startup, Forseven, under the McLaren Group Holdings.</li><li>The new McLaren, led by Forseven's CEO Nick Collins, plans to expand its portfolio into new product categories.</li><li>Details about McLaren's new cars will be announced later this year.</li></ul>

McLaren has a new owner, will expand into ‘new product categories’

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