News Details
Bullish Brown says McLaren now 'financially healthy'
McLaren Racing boss Zak Brown says the F1 outfit's financial situation has significantly improved recently, insisting the team is now 'sitting on a better business model" to tackle the sport's future. The McLaren Group which includes F1's second most successful outfit secured a financial loan at the end of June of £150 million from the National Bank of Bahrain, a financial institution partly owned by Bahrain sovereign wealth fund and McLaren shareholder Mumtakalat. The fresh influx of cash has gone a long way towards alleviating McLaren's financial woes sparked by the onslaught of the global coronavirus pandemic which has impacted the automotive group's sales as well as the F1 team's...
Full Story »
Full Story »
You May Also Be Interested In...
Seidl: Triple-headers can't be the new standard
Formula 1's breakneck schedule is a necessary evil for 2020, but cannot...
5y ago from GrandPrix247.com
Ferrari launch their own Esports competition
After being late to the Esports party, Ferrari has now significantly...
5y ago from PlanetF1.com
Bottas fronts Mercedes 1-2 in final British GP practice
Valtteri Bottas headed a Mercedes 1-2 during final practice for Formula...
5y ago from MotorsportWeek.com
Norris: Every single F1 driver stands united against...
McLaren's Lando Norris says the entire F1 driver community stands united...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu: I may fail to get my first MotoGP...
No description available...
15h ago from Motorsport.com
Rival MotoGP teams offering "a lot of money"...
No description available...
20h ago from Motorsport.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
1d ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
3d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
3d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
3d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
21h ago from Motorsport.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
1d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
1d ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Time to get that forward line firing
Morning. So, it's Monday, the weekend is over and in the end it has turned...
1h ago from Arseblog.com
Xabi Alonso's next club: Will Man United or Liverpool...
It's only the 13th of January but we've already seen managers sacked at...
20m ago from CaughtOffside.com
‘Agreement in place’ – Fabrizio Romano drops...
Oleksandr Zinchenko is set to leave Arsenal, with Ajax agreeing a deal to...
9h ago from CaughtOffside.com
Mikel Arteta provides worrying update on key Arsenal...
Arsenal manager Mikel Arteta has revealed that Bukayo Saka is dealing with...
15h ago from SportsKeeda.com
Comments
Hottest News
Red Bull plays down pre-test engine row ‘noise'
Jan.19 Red Bull Powertrains-Ford technical... Read More »
1h ago from OneStopStrategy.com
Helmut Marko makes major career decision after Red Bull exit
Former Red Bull advisor Helmut Marko has played... Read More »
1h ago from MotorsportWeek.com
F1 champion rejects 'ridiculous' FIA penalty for first 2026...
Remember when Valtteri Bottas ended the 2024... Read More »
30m ago from GPFans.com
