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Quite possibly. Late last year, MSP Sports Capital bought a 15% stake in McLaren, which will rise to 33% next year. The consortium is made up of a hedge firm subsidiary and a private investment firm. This type of arrangement could be more common than just one big commercial sponsor.
In McLaren's case, of course, it has a division (McLaren Automotive) which is very profitable.
Teams desire more secure long-term arrangements than a title sponsor which is at the whim of capricious economic shifts and sudden decisions by commercial board members.
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