News Details

McLaren increase revenues amid poor F1 season

Ron Dennis The McLaren Group achieved strong financial performance in 2013, recording an £18.8m pre-tax profit, resulting from increased revenues of £268m. The Group made significant progress towards becoming a global and increasingly diversified high technology company. It is on a solid financial footing, is continuing to invest heavily in R&D and is well placed to deliver future growth. McLaren Group revenues grew by 7.5% in 2013 as the businesses continued to apply its cutting-edge technologies into new markets, while also increasing income from sponsorship and Formula 1 prize money. The McLaren Mercedes Formula 1 team continued to be extremely well supported by its partners, who...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

UBS reducing F1 sponsorship

Major Formula 1 sponsor UBS is scaling down its investment, after a high...
10y ago from GrandPrix247.com

Magnussen hoping to prove McLaren progress

McLaren Mercedes Kevin Magnussen says he hopes to prove that McLaren is...
10y ago from F1Zone.net

Haas tweaks name ahead of 2016 debut

Gene Haas has tweaked the name of his eponymous team ahead of its planned...
10y ago from F1Zone.net

Caterham faces legal action from former staff

A group of 38 former Caterham staff are taking the team's new owners to...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Detroit GP expected to remain downtown amid potential...

Following the conclusion of the Detroit Grand Prix, organizers have...

Popular On TotalWRC.com

Redemption for Ogier

One year on from losing victory on the final stage of Rally Italia...

Popular On GunnersToday.com

Report: Arsenal table serious contract offer to sign...

With the transfer window officially open and top clubs scrambling to...
3h ago from FreshArsenal.com

Arsenal make shock move to sign player from Man United

Arsenal will be in the market for a new left winger this summer, and one...
3h ago from CaughtOffside.com

Arsenal risk missing out on priority target as rival...

Arsenal are reportedly facing the risk of missing out on their priority...
6h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.