# C_2022120EN.01002801.xml

| 15.3.2022 | EN | Official Journal of the European Union | C 120/28 |
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15.3.2022

EN

Official Journal of the European Union

C 120/28

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Prior notification of a concentration

(Case M.10586 – MGL / MSP / O’CONNOR / MCLAREN RACING)

Candidate case for simplified procedure

(Text with EEA relevance)

(2022/C 120/07)

1.

This notification concerns the following undertakings:

| — | UBS O’Connor LLC (‘O‘Connor’, United States), controlled by UBS AG (‘UBS’, Switzerland); |
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UBS O’Connor LLC (‘O‘Connor’, United States), controlled by UBS AG (‘UBS’, Switzerland);

| — | MSP Racing Holdings, L.P. (‘MSP’, United States); |
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MSP Racing Holdings, L.P. (‘MSP’, United States);

| — | McLaren Group Limited (‘MGL’, United Kingdom), controlled by Bahrain Mumtalakat Holding Company B.S.C.(c) (‘Mumtalakat, Bahrain’); |
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McLaren Group Limited (‘MGL’, United Kingdom), controlled by Bahrain Mumtalakat Holding Company B.S.C.(c) (‘Mumtalakat, Bahrain’);

| — | McLaren Racing Limited (the ‘JV’, United Kingdom). |
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McLaren Racing Limited (the ‘JV’, United Kingdom).

O’Connor, MSP and MGL (together, the ‘Notifying Parties’) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the JV (the ‘Transaction’).

The concentration is accomplished by way of contract or any other means.

2.

| — | for O’Connor: a US-based investment adviser providing investment advisory services to its clients, which include investment funds and sophisticated investors, |
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for O’Connor: a US-based investment adviser providing investment advisory services to its clients, which include investment funds and sophisticated investors,

| — | for MSP: a US-based privately held investment advisory firm which manages investments in professional sports teams, leagues, and businesses in the sports ecosystem, |
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for MSP: a US-based privately held investment advisory firm which manages investments in professional sports teams, leagues, and businesses in the sports ecosystem,

| — | for MGL: holding company for the business activities of the McLaren group. The McLaren group’s business comprises two key divisions, i.e. (i) McLaren Automotive Limited, a provider of luxury high performance cars; and (ii) the JV, |
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for MGL: holding company for the business activities of the McLaren group. The McLaren group’s business comprises two key divisions, i.e. (i) McLaren Automotive Limited, a provider of luxury high performance cars; and (ii) the JV,

| — | for the JV: the development, production, racing and marketing in connection with its participation in Formula 1 motorsport. In addition to its Formula 1 business, McLaren Racing is also active in other motorsport leagues such as the US-based IndyCar Series where McLaren Racing currently cooperates with, and provides technical support to, the US racing team Arrow McLaren SP. |
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for the JV: the development, production, racing and marketing in connection with its participation in Formula 1 motorsport. In addition to its Formula 1 business, McLaren Racing is also active in other motorsport leagues such as the US-based IndyCar Series where McLaren Racing currently cooperates with, and provides technical support to, the US racing team Arrow McLaren SP.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10586 – MGL / MSP / O’CONNOR / MCLAREN RACING

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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