News Details
McLaren could sell 30 percent team stake - report
Jun.18 Hot on the heels of news that Williams is for sale, another independent British team - McLaren - is reportedly also on the market amid the corona crisis. Mark Kleinman, the respected City editor for Sky News, says talks between McLaren officials and "advisers and lenders" have already taken place. A source said the move is only at the "conceptual stage", but as much as 30 percent of the Woking based team could be offloaded to raise what Kleinman said could be "hundreds of millions of pounds". Although Daniel Ricciardo has been signed up for 2021, McLaren last week moved to mortgage its famous F1 factory and classic car collection to see it through the...
Full Story »
Full Story »
4y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Marko reportedly fuming over Renault test at Red Bull...
Red Bull motorsport boss Helmut Marko is reportedly unhappy with Renault...
4y ago from F1i.com
'After Williams, now McLaren wants to sell a minority...
Williams might put the team up for sale, but the other British team...
4y ago from GPBlog.com
Racing Point keen to keep Perez and Stroll amid Vettel...
Otmar Szafnauer says he hasn't spoken with Sebastian Vettel Racing Point...
4y ago from SpeedCafe.com
McLaren now looking for F1 team investor
According to Autosport, McLaren are looking to sell up to 30% of McLaren...
4y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia: I did a better job than Martin in MotoGP...
No description available...
3h ago from Motorsport.com
Aleix Espargaro has ‘sights set on podium' ahead...
Aleix Espargaro says that he aspires to be “competitive” in his final...
6h ago from MotorsportWeek.c...
Marquez set to ride both Ducati GP25 and GP24 bikes in...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
6h ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
5h ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
2d ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
3d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I was more afraid of him' - Arsenal legend David...
No description available...
1h ago from SportsKeeda.com
'I’m not sure I’d join Barca to be a backup' -...
No description available...
2h ago from SportsKeeda.com
Arsenal transfer news: Out-of-favour defender set to...
Arsenal are reportedly willing to accept a loan offer with an...
3h ago from SportsMole.co.uk
'Keep monitoring the player' - Fabrizio Romano claims...
No description available...
4h ago from SportsKeeda.com
Comments
Hottest News
Haas facing Bearman quandary as Ocon plan emerges
Haas faces a decision over its future plans with... Read More »
3h ago from RacingNews365.com
FIA chief ‘FIRED’ as presidential crisis deepens
Another key figure from within the FIA has left... Read More »
2h ago from GPFans.com
Sainz rejects Red Bull 'concern' over potential Verstappen...
Carlos Sainz and Max Verstappen were originally... Read More »
54m ago from RacingNews365.com
