News Details
McLaren in talks with National Bank of Bahrain for loan
McLaren is in a bit of a financial mess to pay the upcoming bills, so they are looking for new ways to get their finances in order. One of the steps they've taken is to talk to the National Bank of Bahrain to secure financing that will allow the team to cover the upcoming costs. Negotiations According to Sky News, McLaren is detailed negotiations with the bank to release more than £150 million. It remains to be seen whether it will succeed, given that the agreement is far from on the table. Interestingly, one of the major shareholders in the bank already has a stake in McLaren. Read more Zanardi receives blessings of the very highest order Honda already brings the first engine update...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
McLaren poised to secure loan from National Bank of...
McLaren is poised to secure a loan from the National Bank of Bahrain to...
4y ago from BBC.co.uk
McLaren takes legal action to secure vital new loan
The McLaren Group has asked a court to allow it to use its factory and...
4y ago from F1i.com
McLaren taking legal action to secure 'urgent' new...
The McLaren Group has launched legal action to allow it to secure new...
4y ago from Crash.net
McLaren take legal action to try to secure 'urgent'...
McLaren takes legal action to allow it to secure "urgent"...
4y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin vs Francesco Bagnaia: MotoGP title...
The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...
3h ago from MotorsportWeek.c...
How Martin can clinch the 2024 MotoGP title in the...
No description available...
5h ago from Motorsport.com
Marquez feared his "time was over" in final...
No description available...
4h ago from Motorsport.com
2024 MotoGP Barcelona Grand Prix – How to watch,...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
21h ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
20h ago from Motorsport.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
5d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
2d 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
Arsenal eyeing up move for ex-Liverpool target next...
No description available...
57m ago from SportsKeeda.com
Arsenal star undergoes minor surgery, set to be out of...
No description available...
57m ago from SportsKeeda.com
New injury: key Arsenal starter has knee procedure...
Arsenal have been handed a fresh injury blow as Ben White has undergone a...
17m ago from CaughtOffside.com
'Disrespectful to a club you’ve played for' - John...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin’s new motion sim sets new standards in F1...
Aston Martin has just unveiled a groundbreaking... Read More »
2h ago from F1i.com
F1 team boss 'wants' SHOCK driver switch before 2025 season
A Formula 1 team boss 'wants' to axe a recent... Read More »
7h ago from GPFans.com
Why Alpine’s new but controversial F1 direction is the...
Alpine's decision to revert to customer F1 status... Read More »
47m ago from RacingNews365.com
