News Details
McLaren Racing reports £71.4m loss in 2019, growth in turnover
McLaren Racing has reported a loss of £71.4 million during 2019 in its latest accounts, down from £84.4 million a year prior. Meanwhile, the group saw turnover rise from £60 million to £185 million, as well as a £26 million fall in operating losses. The last two years have seen significant a shake-up at the Woking-based outfit, with the team enjoying improvements in their constructors' championship fortunes, jumping from sixth in 2018 to fourth in 2019. Andreas Seidl and James Key have joined the team as team principal and technical director respectively, while McLaren Racing took over separate arms of the business McLaren Marketing and Team McLaren. The group took a £150 million...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
F1 reveals audience figures for 2020, strong social...
Formula 1’s TV audience suffered a slight dip in 2020, a trait...
5y ago from MotorsportWeek.com
McLaren Racing posts reduced £71 million loss
McLaren Racing reported a £71.4 million ($98.9m) loss for the 2019...
5y ago from MotorsportWeek.com
Grosjean 'quite surprised' by Alpine management...
Romain Grosjean says he was caught by surprise by the management shake-up...
5y ago from F1i.com
F1 TV audience drops in 2020, but online growth surges
Formula 1 has revealed its TV audience numbers for 2020, with the sport...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
19m ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
23h ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
1d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
2d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
2d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Hyundai closes in on first win to end...
No description available...
14h ago from Motorsport.com
Thierry on top in Croatia
Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
17h ago from MotorsportWeek.c...
WRC Croatia: Puncture chaos hands Thierry Neuville...
No description available...
17h ago from Motorsport.com
WRC Croatia: Adrien Fourmaux crashes out as Sami...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Perspective: 5 reasons Mikel Arteta sack would be a...
Nine points clear at the top of the table with six games left and Arsenal...
1h ago from CaughtOffside.com
“Apparently he’s the biggest leader since Lord...
Jan Age Fjortoft has slammed Arsenal star Declan Rice after the Gunners'...
1h ago from SportsKeeda.com
Sources: Liverpool & Chelsea have 'very concrete...
Liverpool and Chelsea are among the clubs preparing to make a move for one...
2h ago from CaughtOffside.com
'For sure…' – Decision to be made soon as...
Fabrizio Romano has an Arsenal transfer news update regarding the future...
3h ago from CaughtOffside.com
Comments
Hottest News
Lance Stroll just tried and failed to copy Max...
Lance Stroll attempted to get away from Aston... Read More »
59m ago from GPFans.com
Red Bull told to 'be patient' as F1 struggles continue
Red Bull has endured a highly challenging start... Read More »
59m ago from RacingNews365.com
No shake-up in Miami: Ferrari stick with Santi for Hamilton
There will be no shakeup in the Ferrari garage... Read More »
1h ago from F1i.com
