News Details
McLaren finances healthy after commercial boost
Zak Brown has revealed McLaren are “financially healthy” again, despite having had to take a loan from Bahrain’s National Bank in June. CEO of the F1 team, Brown pointed to new sponsorship deals, and further impending “announcements”, as signs that McLaren have overcome their funding worries. McLaren were far from being alone in enduring a difficult first half of 2020 due to the global health pandemic and made it clear they needed to secure extra financing to navigate the crisis, while also announcing they would make job cuts. Besides the loan from Bahrain's National Bank, recently McLaren have announced sponsorship deals including a renewed arrangement with Gulf Oil, previously...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Mclaren not 100% Mercedes-powered in 2021?: "No...
In the 2021 Formula 1 season, McLaren will leave Renault as an engine...
5y ago from GPBlog.com
McLaren "realistic" over 2020 potential...
Carlos Sainz has said Mclaren remains realistic as to what is possible in...
5y ago from GPFans.com
Williams heartfelt tribute to Britian's NHS
Williams Racing is acknowledging this weekend at Silverstone the...
5y ago from F1i.com
Formula 1 confirms plans for pre-race ‘End...
Formula 1 has confirmed plans for a pre-race ‘End Racism...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia is "not that worried"...
No description available...
11h ago from Motorsport.com
Jorge Lorenzo slams Yamaha riders including Fabio...
Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...
16h ago from MotorsportWeek.c...
The mountain Yamaha has to climb with its V4-powered...
No description available...
17h ago from Motorsport.com
Jorge Martin: Marco Bezzecchi was "on another...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
5h ago from MotorsportWeek.c...
Winners and losers from the 2026 IndyCar season-opener...
No description available...
10h ago from Motorsport.com
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
1d ago from MotorsportWeek.c...
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
17h ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
3d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal and Man United join the race to sign...
Hertha Berlin midfielder Kennet Eichhorn has been linked with a move away...
7h ago from CaughtOffside.com
Arsenal latest: Arteta set to speak to media LIVE!
No description available...
13h ago from SkySports.com
Euro outfit brace for bids as Liverpool and Arsenal...
Liverpool and Arsenal are interested in signing the VfB Stuttgart defender...
8h ago from CaughtOffside.com
Arteta wants 6ft 3in giant who tormented Arsenal in...
Arsenal are interested in signing the Inter Milan striker Pio Esposito at...
9h ago from CaughtOffside.com
Comments
Hottest News
FIA make major F1 change ahead of 2026 Australian Grand Prix
The change will be in effect throughout the... Read More »
11h ago from RacingNews365.com
F1 star Charles Leclerc and wife Alexandra are getting...
Ferrari F1 star Charles Leclerc and his new wife... Read More »
5h ago from GPFans.com
George Russell quashes Ferrari daydream as F1 start data...
Data from the F1 pre-season test in Bahrain may... Read More »
7h ago from GPFans.com
