News Details
Stark figures for McLaren are a sign of the times
Formula 1 team owners McLaren saw group revenues reverse from 284 million pounds ($348.13 million) to 109 million in the first quarter of 2020 due to the COVID-19 pandemic, results on Thursday showed. The sportscar maker also reported a plunge in car sales to 307 units over the three months, compared to 953 in the same period last year, with dealerships closed and factory production halted. It said second-quarter figures were expected to be in line with Q1 but saw a stronger performance in the second half and also detected the first signs of recovery during May, particularly from China due to relaxed restrictions. The group — which is made up of the automotive, racing and applied...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren Group reveals COVID-19 hit in Q1 figures
The McLaren Group - including the Formula 1 team - has suffered a £175...
5y ago from Crash.net
Formula 1 to vote on cap, other rule changes on Friday
Formula 1 is set to vote on a raft of regulation changes on Friday, most...
5y ago from GrandPrix247.com
Report: Ricciardo takes base salary cut in McLaren deal
Daniel Ricciardo's contract with McLaren will see him take a lower base...
5y ago from GrandPrix247.com
Local economy Monaco loses almost 100 million euro due...
Originally this was the weekend in which the most prestigious and iconic...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
7h ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
1d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
1d ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
2d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
6h ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
8h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
9h ago from Motorsport.com
WRC Sweden: Elfyn Evans heads Toyota 1-2-3-4 into...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
What Christian Norgaard was seen telling the Arsenal...
Arsenal’s medical woes took center stage during their latest outing as...
1h ago from CaughtOffside.com
One Arsenal star gets singled out for pulling the...
Arsenal forward Noni Madueke was full of praise for Eberechi Eze following...
2h ago from CaughtOffside.com
'Ruins my mood every time I watch him', 'Simply just a...
Fans reacted to the performance of striker Viktor Gyokeres in Arsenal's...
2h ago from SportsKeeda.com
Arsenal outclass and overwhelm Wigan in dominant FA...
Arsenal dispatched Wigan with ease to progress into the fifth round of the...
3h ago from SkySports.com
Comments
Hottest News
Lewis Hamilton boosted as Ferrari set for massive upgrades...
Lewis Hamilton doesn't seem like he's been able... Read More »
1h ago from GPFans.com
Lewis Hamilton just provided the funniest ever moment of F1...
It's an unspoken (and obvious) truth about anyone... Read More »
2h ago from GPFans.com
Red Bull confirm problem with 2026 F1 car
The Red Bull RB22, like many of its rivals, has... Read More »
4h ago from RacingNews365.com
