News Details
McLaren in talks with National Bank of Bahrain for loan
McLaren is in a bit of a financial mess to pay the upcoming bills, so they are looking for new ways to get their finances in order. One of the steps they've taken is to talk to the National Bank of Bahrain to secure financing that will allow the team to cover the upcoming costs. Negotiations According to Sky News, McLaren is detailed negotiations with the bank to release more than £150 million. It remains to be seen whether it will succeed, given that the agreement is far from on the table. Interestingly, one of the major shareholders in the bank already has a stake in McLaren. Read more Zanardi receives blessings of the very highest order Honda already brings the first engine update...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
McLaren poised to secure loan from National Bank of...
McLaren is poised to secure a loan from the National Bank of Bahrain to...
5y ago from BBC.co.uk
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' new...
The McLaren Group has launched legal action to allow it to secure new...
5y ago from Crash.net
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
Elsewhere On The Network
Popular On MGPToday.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
1d ago from MotorsportWeek.c...
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
1d ago from Motorsport.com
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
1d ago from Motorsport.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
2d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
2d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
3d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Finland: Toyota locks out top five after...
No description available...
18h ago from Motorsport.com
Kalle Rovanperä leads five-driver Toyota lockout in...
Wet weather greeted the competitors on Saturday morning as the longest...
18h ago from MotorsportWeek.c...
Clash with WRC scrutineer earns Ott Tanak 5-min...
No description available...
1d ago from Motorsport.com
World Rally Champion claims “all hopes are lost”...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano: Arsenal make contact to sign another...
Arsenal were thought to have turned their attention to sealing one or two...
41m ago from FreshArsenal.com
Why did Arsenal step away from possible deal for...
Arsenal reportedly pulled out of the race for Alexander Isak this summer...
1h ago from SportsKeeda.com
Contact made: Romano confirms highly-rated Frenchman...
Arsenal are reportedly interested in signing the highly rated French...
4h ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Liverpool eyeing...
Real Madrid are looking ahead to their pre-season tie against WSG Tirol at...
21m ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen makes shock request after Red Bull horror...
Max Verstappen has made a request not many would... Read More »
4h ago from RacingNews365.com
Red Bull hit with PENALTY after FIA confirm rules breaches
Red Bull have been hit with a major rules breach... Read More »
1h ago from GPFans.com
Lewis Hamilton takes Ferrari merchandise OFF fan at...
Lewis Hamilton was filmed snatching Ferrari... Read More »
3h ago from GPFans.com