News Details
McLaren facing vital court hearing to help secure financial future
McLaren is facing a key court case on the eve of the season-opening Formula 1 grand prix in Austria as it seeks to secure its financial future. McLaren Holdings Ltd is seeking what has been described by its lawyer, Tom Smith QC, as an "urgent" round of refinancing before July 17 when it is claimed it is set to face potential insolvency. Article continues under video The company is looking for a judgment that security held over its classic car collection and Technology Centre headquarters in Woking can be released, enabling it to raise the vital funds required. Smith has claimed that deals are in the pipeline that will allow the sale of the cars and a leaseback of the property....
Full Story »
Full Story »
5y ago from GPFans.com
0
You May Also Be Interested In...
McLaren takes legal action to secure vital new loan
The McLaren Group has asked a court to allow it to use its factory and...
5y ago from F1i.com
McLaren taking legal action to secure ‘urgent'...
McLaren is seeking a High Court declaration that will allow the company...
5y ago from PlanetF1.com
McLaren take legal action to try to secure 'urgent'...
McLaren takes legal action to allow it to secure "urgent"...
5y ago from BBC.co.uk
The Parc Fermé F1 Podcast #687 Send Help!
Join Grace, Paul and me as we review the Formula 1 news of the week. We...
5y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
22h ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
1d ago from Motorsport.com
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
1d ago from MotorsportWeek.c...
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
1d ago from Motorsport.com
Will Power sees ‘all the ingredients’ for a...
Will Power is approaching the beginning of his new IndyCar chapter, with...
1d ago from MotorsportWeek.c...
Ed Carpenter to contest 23rd Indianapolis 500
Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...
2d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
10h ago from Motorsport.com
The headaches facing WRC crews ahead of a ‘proper...
No description available...
19h ago from Motorsport.com
Can Lancia enjoy success on its anticipated WRC return?
No description available...
18h ago from Motorsport.com
Sebastien Ogier still has motivation “to go for...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Let's wait and see on Kai's knee
Morning all, happy Friday to you. Let's start with some reporting around...
1h ago from Arseblog.com
PL Predictions: Big upset brewing? Why Wolves can beat...
Our football betting expert Jones Knows provides his insight across the...
10h ago from SkySports.com
Roberto de Zerbi namedrops Arsenal duo and 2 other...
Marseille manager Roberto de Zerbi has named Arsenal duo Martin Odegaard...
10h ago from SportsKeeda.com
Comments
Hottest News
Red Bull boss 'sad to lose' F1 star
Racing Bulls F1 team principal Alan Permane has... Read More »
32m ago from GPFans.com
F1 to limit TV coverage of Bahrain test – report
Live broadcast coverage of the opening F1... Read More »
1h ago from MotorsportWeek.com
Alpine F1 2026 car reveal - how to watch live unveiling
Alpine's new era kicks off today with the launch... Read More »
32m ago from RacingNews365.com
