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Stake

  • McLaren, a $100m-per-year deal and Formula 1’s sponsor boom

    Sport Business

    Formula 1 is becoming a hotbed for advanced sponsorship, and McLaren’s announcement has completed a special title set. BWT, Aramco, HP, MoneyGram, Petronas, Visa Cash App, Oracle, Stake and Atlassian; these aren’t simply some of the world’s most recognisable and developing brands but title sponsors for teams in Formula 1. And as of next year, [...]

    Formula 1 is becoming a hotbed for advanced sponsorship, and McLaren's announcement has completed the title set.
  • Natwest: Government set to sell stake in FTSE 100 giant by June

    Banking

    The UK government is on track to sell its remaining stake in FTSE 100 lender Natwest as soon as next month after it accelerated the sell-down of its holdings. The Treasury’s share of the FTSE 100 lender is one of British banking’s longest-running sagas, dating back to the 2008 financial crisis. Natwest, then under the [...]

    Natwest makes two senior strategic hires in its venture banking team
  • Thames Water: KKR ‘preferred partner’ for group

    Water

    The firm said it had selected KKR as a preferred partner following a "detailed assessment of proposals received".

    Charlie Maynard, MP for Witney, was among a group which included the utility's secondary creditors, who opposed a £3bn emergency loan agreement earlier this year.
  • Everton sponsor Stake to leave UK after gambling probe into porn ad

    February 12, 2025

    Club officials of Everton, Nottingham Forest and Leicester City could run the risk of imprisonment or fines after Stake became the latest gambling firm to lose its UK licence after a probe into a porn ad on social media. The Gambling Commission will write to Everton – sponsored by Stake – as well as Nottingham [...]

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