News Details
McLaren Racing considering selling stake to raise funds
McLaren Racing, which oversees the manufacture's involvement in F1 and in IndyCar, is reportedly considering an equity sale to raise funds to help secure its future. A report from Sky News contends that McLaren has initiated discussions about such a plan with its advisers this week, insisting the idea is at "a conceptual stage" and is being weighed alongside alternative funding options such as "raising capital from existing bondholders". Formula 1's current economic downturn sparked by the coronavirus pandemic that has disrupted the 2020 season has hit teams hard, but especially the sport's midfield outfits which must contend with a massive shortfall in revenue. McLaren...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren considering selling minority stake in F1 team
McLaren are considering selling a minority stake in their Formula 1 team...
5y ago from GrandPrix247.com
McLaren consider selling minority stake – report
According to Sky News, McLaren Group are mulling over the option of...
5y ago from PlanetF1.com
McLaren to sell 'minority' stake in team
It is being reported that McLaren is considering selling a 'minority'...
5y ago from Pitpass.com
Marko reportedly fuming over Renault test at Red Bull...
Red Bull motorsport boss Helmut Marko is reportedly unhappy with Renault...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
15h ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
1d ago from MotorsportWeek.c...
How Aprilia believes it “overreached our target”...
No description available...
1d ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
3d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
4d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
3d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier leads the virtual title chase as...
Friday in Saudi Arabia was the toughest day of the season. The overnight...
8h ago from MotorsportWeek.c...
Elfyn Evans set for 'all or nothing' attack in WRC...
No description available...
6h ago from Motorsport.com
WRC Saudi Arabia: Martins Sesks leads after dramatic,...
No description available...
9h ago from Motorsport.com
WRC Saudi Arabia: Elfyn Evans suffers puncture as...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
‘His impact is huge’: Arteta hails Rice’s...
t;li>Head coach backs midfielder to improve furtherArsenal visit...
3h ago from TheGuardian.com
Mikel Arteta Chelsea-Arsenal press conference in full,...
Arsenal manager Mikel Arteta gave his pre-match press conference ahead of...
10h ago from CaughtOffside.com
Enzo Maresca full press conference as he answers...
Chelsea manager Enzo Maresca has spoken at a press conference ahead of...
11h ago from CaughtOffside.com
PL giants face competition from Manchester United and...
Manchester United and Arsenal have reportedly joined the race to sign...
11h ago from SportsKeeda.com
Comments
Hottest News
F1 2025 Qatar Grand Prix – Sprint Qualifying Results
Oscar Piastri edged out George Russell to claim... Read More »
7h ago from MotorsportWeek.com
Max Verstappen hits out at 'idiot' F1 rival after Qatar GP...
Max Verstappen was furious with one of his F1... Read More »
5h ago from GPFans.com
Ex-Formula 1 driver Adrian Sutil arrested in international...
Former Formula 1 driver Adrian Sutil was arrested... Read More »
4h ago from GrandPrix247.com
