Manama, Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, is thrilled to announce the remarkable achievement by the McLaren Formula One Team, which secured both 1st and 2nd place in Sunday's race at the Hungarian Grand Prix. Commenting on the occasion, Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and Chairman of Mumtalakat said: "McLaren has continued to push the boundaries of innovation and performance, embodying the spirit of excellence. Today's victory reflects the hard work and determination of the whole team at McLaren". "On behalf of Mumtalakat's board and executive team we extend our heartfelt congratulations to McLaren, including the drivers and entire staff, on this achievement and wish them further success," he added. Shaikh Abdulla bin Khalifa Al Khalifa, CEO of Mumtalakat said: "This outstanding performance showcases the team's dedication, skill, and relentless pursuit of excellence in one of the most competit ive motorsport arenas in the world." Source: Bahrain News Agency