News Details
McLaren's financial problems ‘have been solved'
Great news from McLaren with Zak Brown saying their financial problems have been 'solved' with an announcement coming before the week is out. Earlier this month reports emerged claiming that McLaren was looking to sell a minority stake in its Formula 1 team to raise much needed capital. Days later the Woking-based company began legal proceedings against its bond holders to gain permission to use its factory and historic car collection as collateral for a loan. The bond holders were opposed to the idea, adamant those possessions were their own guarantees. A day later Forbes revealed that McLaren had until mid-July to find much needed funds or the company would be declared insolvent. The...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
McLaren's financial problems 'solved' - Brown
Jun.29 McLaren's financial problems "have been solved". That...
5y ago from OneStopStrategy.com
No more financial problems for McLaren: "Taking...
Recently there were reports that McLaren was in financial difficulties....
5y ago from GPBlog.com
Technical Insight: Ferrari has solved its gearbox...
During analysis of the data Ferrari collected during the pre-season...
5y ago from MotorsportWeek.com
Brown: The 2020 midfield battle is going to be tougher
McLaren Racing CEO Zak Brown says that the Formula 1 midfield battle will...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
1d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
2d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
3d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
2d ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
2d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
2d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
2h ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
5h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
6h ago from Motorsport.com
WRC Monte Carlo: Drivers, fans and Liam Lawson enjoy...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Watch: Patrick Dorgu with a stunning strike to give...
Manchester United have completely turned the tide at the Emirates Stadium,...
2h ago from CaughtOffside.com
Cunha's stunner seals Man Utd win over leaders Arsenal
Matheus Cunha scored a sensational 87th-minute winner to clinch a 3-2...
2h ago from SkySports.com
Insider reveals what Michael Carrick did behind the...
Michael Carrick reportedly spent all night planning the perfect game plan...
1h ago from CaughtOffside.com
Comments
Hottest News
Are Ferrari back? Charles Leclerc 'excited' after...
Charles Leclerc shared his thoughts after driving... Read More »
1h ago from GPFans.com
F1 Testing 2026: Barcelona schedule, times and the best way...
The waiting is over and F1 testing is here in... Read More »
52m ago from GPFans.com
2026 Daytona 24 Hours - results
Check out the full race results from the 64th... Read More »
2h ago from RacingNews365.com
