Tag Archives: Bahrain

Motorsport

McLaren Has a New Owner

It’s official—McLaren Group has a brand new proprietor. Bahrain Mumtalakat Holding Company, the nation’s sovereign wealth fund, has taken full possession of the automaker, expanding its stake from 60 percent to 100.

There are few clear particulars about what this might imply for McLaren Automotive. The group’s govt chairman, Paul Walsh, mentioned the transfer “will further enable us to focus on delivering our long-term business plan.” That will embrace investing in new merchandise and applied sciences.


Motorsport

DuPont Registry And Prive Launch Private Member Car Collector Club In Bahrain

Manama, Bahrain – Friday, March 1, 2024 – duPont REGISTRY Group (DRG), in collaboration with Shaikh Salman Bin Isa Al Khalifa, is thrilled to announce that the corporate has entered right into a strategic partnership with Al Areen Holding Company, a completely owned subsidiary of GFH Financial Group to launch of duPont REGISTRY PRIVÉ, Bahrain. This pioneering non-public members membership for luxurious automotive collectors and fanatics situated close to the celebrated Bahrain International Circuit. This landmark initiative marks a big enlargement of DRG’s ecosystem into the Middle East. PRIVÉ affords unparalleled luxurious automotive storage, world-class companies, a thriving group, and unique driving experiences curated by CANOSSA EVENTS, the worldwide chief in luxurious driving experiences.

duPont REGISTRY has been the premier unique and luxurious automotive market within the United States for greater than 39 years, and duPont REGISTRY PRIVÉ is a pure enlargement of the model worldwide. PRIVÉ combines safe, state-of-the-art services, iconic design, and a set of worldclass companies, facilities, and driving experiences. PRIVÉ members will take pleasure in 24/7 entry to their non-public storage suites, a sublime members’ lounge with screening room and coworking areas, wellness middle, thrilling eating places that includes menus curated by probably the most famend Chefs on this planet, a complicated bar, cigar room, race automotive simulator, and rather more.

duPont REGISTRY PRIVÉ, Bahrain may even characteristic a number of luxurious residences for out-of-town and touring PRIVÉ members. The Bahrain facility is the primary of many deliberate worldwide throughout the globe, from the Middle East to Europe and North America.

“We are proud to sign this agreement and we look forward to welcoming duPont REGISTRY PRIVÉ ́ to the Al Areen masterplan, signifying a new chapter in our luxury automotive journey” acknowledged Shaikh Salman Bin Isa Al Khalifa. “This new partnership not only showcases Bahrain’s growing stature in the global automotive community but also aligns with our vision to offer world-class facilities and experiences to both residents and visitors. We look forward to the creating the most exclusive and vibrant private membership club in Bahrain.”

Highlighting the core choices of PRIVÉ, the membership offers members with a safe, dust-free, and climate-controlled atmosphere for his or her automobiles. Additionally, extremely expert group members will provide in-house white-glove automotive care companies, detailing, and transportation logistics, fixing a serious problem for luxurious automotive collectors in Bahrain. Moreover, members can have unique entry to PRIVÉ 360 Lifestyle concierge companies, facilitating bookings for journey, inns, eating places, occasions, and distinctive driving and racetrack experiences globally curated by CANOSSA EVENTS. Members can have entry to PRIVÉ services globally.

“The Kingdom of Bahrain has played an important role in the luxury car space and in motorsports for decades and it was a logical choice for our first flagship in the GCC,” stated Christian Clerc, Chairman of duPont REGISTRY Group and PRIVÉ Co-Founder. “Today, we are proud to announce our strategic partnership with Shaikh Salman Bin Isa Al-Khalifa, who shares our passion for luxury cars, our drive for quality and excellence, and our vision for this worldclass membership club,” stated Clerc.

“We are thrilled to announce this collaboration to bring duPont REGISTRY PRIVÉ to the home of Motor Sports on the 20th anniversary of hosting Formula 1 in the Kingdom of Bahrain” remarked Shaikh Mohamed bin Duaij Al Khalifa, Managing Director of Al Areen Holding Company. “The integration of duPont RERISTRY PRIVÉ into our Al Areen masterplan is poised to elevate it as a premier international destination. Nestled at the heart of the Al Areen development and in close proximity to the Bahrain International Circuit, this exciting automotive club promises to become a focal point for motor enthusiasts across the region.”

Contact: media@dupontregistrygroup.com

About duPont REGISTRY Group

The coronary heart of the Driven Lifestyle division, the duPont REGISTRY Group is the world’s main luxurious ecosystem, encapsulating the tradition, group and commerce of the high-end automotive way of life. Built by a few of the greatest names within the luxurious automotive area, duPont REGISTRY Group represents a vibrant group of members worldwide nurtured over practically 4 many years. Its portfolio contains duPont REGISTRY, Sotheby’s Motorsport, Canossa Events, Cavallino, and FerrariChat.

About Al Areen Holding

Al Areen Holding is a number one actual property improvement firm in Bahrain, devoted to creating distinctive residential, business and hospitality tasks. With a dedication to high quality, innovation and sustainability, Al Areen Holding strives to exceed buyer expectations and contribute to the financial development of the Kingdom of Bahrain. The firm’s numerous portfolio showcases its experience and imaginative and prescient for the way forward for Bahrain’s actual property sector.