News Details
McLaren Racing posts reduced £71 million loss
McLaren Racing reported a £71.4 million ($98.9m) loss for the 2019 financial year, which was £13m ($18m) less than the £84.4m ($117m) loss is posted in 2018. The team saws its revenues accelerate by 50 per cent from £123m ($170.4m) to £185m ($256.4m), driven by increased sponsorship and prize money income after the team finished sixth in 2018, compared to 2017 when it finished a lowly ninth – prize money is paid a year in arrears. The team also raised £6.7m by selling some of its heritage cars to 'specialist collectors around the world', though this is less than the £10m it raised in 2018 from the same practice. It still holds some 159 cars in its heritage collection, valued at...
Full Story »
Full Story »
4y ago from MotorsportWeek.com
0
You May Also Be Interested In...
F1 reveals audience figures for 2020, strong social...
Formula 1’s TV audience suffered a slight dip in 2020, a trait...
4y ago from MotorsportWeek.com
Hamilton tipped for eighth title by 78 per cent of fans
Over three-quarters of Formula 1 fans expect Lewis Hamilton to surpass...
4y ago from MotorsportWeek.com
Lewis Hamilton & Mercedes Agree New £35mn Per...
The Mercedes F1 Team and Sir Lewis Hamilton have agreed terms of a...
4y ago from Formula1News.co.uk
Formula 1 suffers decline in global audience and...
Formula 1 suffered a decline in its global audience and unique viewers...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP circuit contracts: How long will each race...
No description available...
4h ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
1d ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
1d ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
5d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
23h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
2d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal eyeing up a move for 20-year-old...
Arsenal are interested in signing Club Brugge midfielder Aleksandar...
2h ago from CaughtOffside.com
Manchester United and Arsenal step up interest in...
Manchester United and Arsenal have stepped up their pursuit of Belgian...
7h ago from SportsKeeda.com
‘A quick learner’: how Declan Rice went from...
fielder will be part of the conversation for a Ballon d’Or if he...
6h ago from TheGuardian.com
Sources: Man United & Arsenal enter race for...
Genk’s teenage sensation Konstantinos Karetsas has rapidly emerged as...
9h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin to finally answer defining question after...
Aston Martin's 2025 campaign delivered a sobering... Read More »
59m ago from RacingNews365.com
Through one lens: Twelve photographs from the 2025 F1 season
From Melbourne to Abu Dhabi, Formula 1 moved fast... Read More »
2h ago from F1i.com
F1 top 10 drivers of 2025 - Part 2
The RacingNews365 writing team concludes its look... Read More »
2h ago from RacingNews365.com
