News Details
Brown: McLaren now 'financially healthy' after 2020 woes
McLaren Racing boss Zak Brown says the Woking-based outfit is now safe and sound financially after facing some tough economic challenges in 2020. The McLaren Group as whole was forced to recapitalize itself last year as a result of the global pandemic seriously impacting its automotive sales. But its racing entity had had already refreshed its financial base in late December of 2020 thanks to a sale and leaseback of its McLaren Technology Center and a sale of a significant minority stake to US-based sports investment group MSP Sports Capital which also brought its expertise to the deal. Over twelve months on, McLaren Racing now has a solid financial foundation on which to continue to build...
Full Story »
Full Story »
You May Also Be Interested In...
Brown: McLaren in great shape financially
McLaren have had their fair share of financial troubles recently, but CEO...
4y ago from GrandPrix247.com
McLaren in fantastic financial shape, Brown assures
McLaren Racing CEO Zak Brown made it clear that the Formula 1 team is...
4y ago from PlanetF1.com
Brown: I'd be surprised if there was dominance in 2022
Zak Brown, CEO of McLaren, spoke of his expectations of the 2022 Formula...
4y ago from GrandPrix247.com
Audi to decide on F1 entry by end of first quarter
Volkswagen's Audi will make a decision on whether to enter Formula 1...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
17h ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
21h ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
1d ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: IndyCar officiating is already starting to...
No description available...
4h ago from Motorsport.com
IndyCar updates tire rules for 2026 season
Among a few changes coming for the 2026 NTT IndyCar Series season, a new...
8h ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
10h ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
9h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Gunners make fun of Spurs on social...
No description available...
7h ago from SkySports.com
Donnarumma vs Raya: Who is the better GK in the title...
In the last few weeks of the Premier League season, the importance of...
9h ago from SkySports.com
Tactics Column: Key quartet step up to deliver North...
'It feels like we've shown what we are made of but then you have to show...
12h ago from Arseblog.com
Ben White faces uncertain future as Arsenal target new...
Questions are beginning to surface over Ben White’s long-term role at...
16h ago from CaughtOffside.com
Comments
Hottest News
Drive to Survive Season 8 review: A major missed...
The latest series of Netflix's Drive to Survive... Read More »
54m ago from RacingNews365.com
F1 News Today: Lewis Hamilton reveals Ferrari suffering as...
Seven-time F1 world champion Lewis Hamilton has... Read More »
24m ago from GPFans.com
Ferrari handed key warning over radical F1 rear wing
Ferrari's radical rear wing could have a major... Read More »
18h ago from RacingNews365.com
