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Mclaren receives £300 million injection; more measures not excluded
McLaren is hit hard by the coronavirus and for that reason the number of measures has been expanded. The shareholders of the British brand have invested £300 million, but that may not be all. The McLaren Group is currently talking to external lenders and the bank. The £300 million injection was done to keep McLaren afloat by navigating through the corona crisis. However, that amount may not yet be enough, as people are currently also talking to third parties to see whether additional working capital can be tapped. Read more Gasly and Kvyat followed the same route: 'Podium at Red Bull Racing is a must.' Bank loans McLaren weigh heavily In addition, McLaren, like any...
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4y ago from GPBlog.com
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