It's an all-time record valuation for an F1 team.
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McLaren Racing was valued at more than $5 billion in a recent stake sale, Axios has learned.
Why it matters: This is an all-time record valuation for an F1 team, topping the $4.8 billion that Ferrari's F1 team nabbed last year.
Driving the news: Expect an official announcement from McLearen later today, sans pricing.
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