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...
3y 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...
3y 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...
3y 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...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Fernando Alonso: No normal person could achieve what...
No description available...
22h ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
2d ago from MotorsportWeek.c...
MotoGP breaks attendance records in 2025; only two...
No description available...
2d ago from Motorsport.com
22 MotoGP rounds are “too many for the body”,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
1d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Gary Lineker identifies problem with Bukayo Saka...
Former England international Gary Lineker has identified what he believes...
38m ago from SportsKeeda.com
Was Verbruggen's foul on Gyokeres worthy of a red card?
Arsenal picked up a big three points at home to Brighton on Saturday -...
1h ago from SkySports.com
Arsenal latest: Jesus 'feeling amazing' - should he...
No description available...
2h ago from SkySports.com
Belated Merry Gabriel to you
Morning. Sorry for the lateness of today's blog, but I slept through two...
2h ago from Arseblog.com
Comments
Hottest News
Ferrari set for radical multi-version 2026 F1 car approach
RacingNews365's technical analyst Paolo Filisetti... Read More »
3h ago from RacingNews365.com
Max Verstappen reveals bizarre 2am habit
Four-time F1 world champion Max Verstappen has... Read More »
1h ago from GPFans.com
Ferrari chief tells off F1 star for changing room 'mess'
Ferrari star Charles Leclerc has been exposed by... Read More »
48m ago from GPFans.com
