After bidding 525.5 million dollars to buy Liverpool Football Club last year, Singapore billionaire Peter Lim has decided to move away from sports and enter into the automotive industry by investing in McLaren Automotive.
“Peter Lim’s track record in Asia as a highly respected business leader adds further quality to our board in this highly competitive business environment at an exciting time for the company”, said the McLaren Automotive and McLaren Group executive chairman Ron Dennis in a statement.
Being ranked by Forbes Asia number eight on Singapore’s rich list, with an estimated fortune of 1.8 billion US dollars, “Remisier King” has joined McLaren Automotive’s board with immediate effect.
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