News Details
McLaren weighing up funding options including partial F1 team sale
The McLaren Group is reportedly looking at selling part of its Formula 1 operation in order to raise much needed funds in response to the coronavirus pandemic. The British outfit could follow in the footsteps of Williams, which is also exploring ways of raising funds including the sale of a minority/majority stake or a complete sale of the historic team. Although McLaren's financial position is stronger than Williams thanks to better on-track results in recent seasons – albeit still some way off the top teams – and a normally profitable road car business, the pandemic has hit sales hard and pushed McLaren Automotive into a £133m loss for the first quarter of 2020. The pandemic has...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
McLaren Racing considering selling stake to raise funds
McLaren Racing, which oversees the manufacture's involvement in F1 and in...
5y ago from F1i.com
McLaren consider selling minority stake – report
According to Sky News, McLaren Group are mulling over the option of...
5y ago from PlanetF1.com
McLaren's engine change caused freeze problem
Ross Brawn has said that a flexible token system needed to be created not...
5y ago from PlanetF1.com
McLaren to sell 'minority' stake in team
It is being reported that McLaren is considering selling a 'minority'...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Why Aprilia boss is "disappointed" about not...
No description available...
17h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
14h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
19h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
21h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
12h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
15h ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
16h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
Arteta on Havertz & Gyokeres + Arsenal's absence...
Morning all, a quick Saturday round-up for you. After yesterday's focus on...
1h ago from Arseblog.com
Arsenal star linked with surprise mid-season transfer...
Arsenal midfielder Christian Norgaard could reportedly be on the move...
1h ago from SportsKeeda.com
‘It's a challenge’ | Carrick urges Man Utd to...
Manchester United head coach Michael Carrick says he is embracing the...
1h ago from SkySports.com
Arsenal hold talks to discuss move to sign...
Arsenal are investigating a move for former Manchester City star Julian...
3h ago from SportsKeeda.com
Comments
Hottest News
Ferrari changes course with radical new concept
Ferrari has unveiled its SF-26 and completed its... Read More »
42m ago from RacingNews365.com
FIA 'verdict issued' on controversial engine loophole
It wouldn't be an F1 preseason without weeks and... Read More »
32m ago from GPFans.com
Carlos Sainz and Alex Albon offer response to Williams F1...
It is a far from ideal start to 2026 for Carlos... Read More »
1h ago from RacingNews365.com
