News Details
McLaren finances healthy after commercial boost
Zak Brown has revealed McLaren are “financially healthy” again, despite having had to take a loan from Bahrain’s National Bank in June. CEO of the F1 team, Brown pointed to new sponsorship deals, and further impending “announcements”, as signs that McLaren have overcome their funding worries. McLaren were far from being alone in enduring a difficult first half of 2020 due to the global health pandemic and made it clear they needed to secure extra financing to navigate the crisis, while also announcing they would make job cuts. Besides the loan from Bahrain's National Bank, recently McLaren have announced sponsorship deals including a renewed arrangement with Gulf Oil, previously...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Mclaren not 100% Mercedes-powered in 2021?: "No...
In the 2021 Formula 1 season, McLaren will leave Renault as an engine...
5y ago from GPBlog.com
McLaren "realistic" over 2020 potential...
Carlos Sainz has said Mclaren remains realistic as to what is possible in...
5y ago from GPFans.com
Williams heartfelt tribute to Britian's NHS
Williams Racing is acknowledging this weekend at Silverstone the...
5y ago from F1i.com
Formula 1 confirms plans for pre-race ‘End...
Formula 1 has confirmed plans for a pre-race ‘End Racism...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Brad Binder explains KTM’s rapid pace in Catalan GP...
No description available...
3h ago from Motorsport.com
Brad Binder leads KTM 1-2 in second Barcelona MotoGP...
Brad Binder set a new all-time lap record around the Barcelona circuit to...
5h ago from MotorsportWeek.c...
Francesco Bagnaia baffled by nightmare Catalan GP...
No description available...
3h ago from Motorsport.com
Fabio Quartararo to debut Yamaha's V4 engine in...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
2d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
2d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
2d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
5d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
4d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal plot surprise decision after ‘smart...
Arsenal handed a new contract to Belgian attacker Leandro Trossard last...
6h ago from CaughtOffside.com
Sources: Tottenham to try again for 50m Arsenal target...
Tottenham are continuing to show a strong interest in a potential transfer...
9h ago from CaughtOffside.com
'Clause only for Liverpool' revealed as Reds have edge...
Liverpool have the edge over Premier League rivals such as Chelsea and...
12h ago from CaughtOffside.com
Club accelerating efforts to sign Arsenal star while...
Arsenal are reportedly still facing interest in versatile Belgian attacker...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Italian Grand Prix – FP2 Results
McLaren's Lando Norris topped the times in the... Read More »
4h ago from MotorsportWeek.com
LIVE: 2025 F1 Italian Grand Prix - Monza Free Practice 2
Follow along with live coverage of Free Practice... Read More »
6h ago from RacingNews365.com
Lando Norris puts McLaren on Monza alert with 'one second'...
Lando Norris delivered a 'one second' quip at the... Read More »
1h ago from RacingNews365.com
