News Details
McLaren slump to £6million loss in 2016
McLaren's rocky relationship with Honda has clearly been reflected in their latest financial figures – falling from a £4million profit in 2015 to a £6million loss last year. McLaren actually improved from ninth to sixth in the World Constructors' Standings between 2015 and 2016, but a combination of a fall in sponsorship earnings, heavy investment in its technology consultancy operation and the after-effects of lower prize money due to their dismal 2015 campaign. The accounts also reveal that Ron Dennis' pay dropped by £200,000 to £3.7million in 2016. The long-standing manager of McLaren sold his 25 per cent stake for £275million back in June. McLaren...
Full Story »
Full Story »
8y ago from PlanetF1.com
0
You May Also Be Interested In...
Analysis: How Hamilton got the 'miracle' he was hoping...
Lewis Hamilton and Mercedes were meant to be sitting ducks in...
8y ago from Motorsport.com
Currency issues hit Force India's financial results
Force India enjoyed an increase in revenue for the 2016 a calendar year...
8y ago from F1i.com
Force India losses increased in 2016 despite bigger...
The Force India F1 team earned increased income in 2016 but made a bigger...
8y ago from Motorsport.com
JV: Vettel only has himself to blame
Falling 28 points behind Lewis Hamilton in the title race, Jacques...
8y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
11h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
19h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
17h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Premier League officials appear to confirm Arsenal...
Premier League officials have admitted that Arsenal benefited from two key...
6h ago from SportsKeeda.com
Arsenal plot £69m move for 10-goal ace to replace...
Arsenal are interested in signing the AC Milan attacker Raphael Leao at...
8h ago from CaughtOffside.com
Mikel Arteta targets 50m+ La Liga star to supercharge...
Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
9h ago from CaughtOffside.com
Arsenal, Chelsea, and Newcastle eye 70m move for...
Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
9h ago from CaughtOffside.com
Comments
Hottest News
George Russell linked with $300m move away from Mercedes to...
An astonishing transfer claim has been made about... Read More »
21h ago from GPFans.com
Aston Martin replacing Adrian Newey as team principal the...
Aston Martin's 2026 F1 season is descending into... Read More »
11h ago from GPFans.com
F1 News Today: Max Verstappen told to leave F1 as series...
Max Verstappen's criticism of the new F1 cars has... Read More »
6h ago from GPFans.com
