News Details
McLaren Racing considering selling stake to raise funds
McLaren Racing, which oversees the manufacture's involvement in F1 and in IndyCar, is reportedly considering an equity sale to raise funds to help secure its future. A report from Sky News contends that McLaren has initiated discussions about such a plan with its advisers this week, insisting the idea is at "a conceptual stage" and is being weighed alongside alternative funding options such as "raising capital from existing bondholders". Formula 1's current economic downturn sparked by the coronavirus pandemic that has disrupted the 2020 season has hit teams hard, but especially the sport's midfield outfits which must contend with a massive shortfall in revenue. McLaren...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren considering selling minority stake in F1 team
McLaren are considering selling a minority stake in their Formula 1 team...
5y ago from GrandPrix247.com
McLaren consider selling minority stake – report
According to Sky News, McLaren Group are mulling over the option of...
5y ago from PlanetF1.com
McLaren to sell 'minority' stake in team
It is being reported that McLaren is considering selling a 'minority'...
5y ago from Pitpass.com
Marko reportedly fuming over Renault test at Red Bull...
Red Bull motorsport boss Helmut Marko is reportedly unhappy with Renault...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin’s Valencia MotoGP retirement was...
No description available...
3h ago from Motorsport.com
Luca Marini guides Honda to its MotoGP concessions...
No description available...
4h ago from Motorsport.com
Aleix Espargaro tells Franco Morbidelli to...
No description available...
5h ago from Motorsport.com
Marco Bezzecchi explains Aprilia 'proposal' after...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
3d ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
3d ago from MotorsportWeek.c...
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
4d ago from MotorsportWeek.c...
AJ Foyt Racing expands veteran support program to full...
AJ Foyt Racing has announced that its successful Homes For Our Troops...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
6d ago from Motorsport.com
Oliver Solberg lands factory Toyota Rally1 drive
We called it after Oliver Solberg clinched his WRC2 title in Chile....
6d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal star Bukayo Saka snubs Harry Kane, names the...
Arsenal's star winger, Bukayo Saka, has offered a surprising and glowing...
2h ago from CaughtOffside.com
‘News from the last 24 hours’: Fabrizio Romano...
Arsenal fans can breathe a collective sigh of relief as transfer expert...
4h ago from CaughtOffside.com
Gabriel a doubt for north London derby after Brazil...
t;li>Defender forced off in second half of Senegal friendlyBrazil...
6h ago from TheGuardian.com
“He’s just got this knack of scoring unbelievable...
Former Premier League star Danny Murphy has said that he would pick...
7h ago from SportsKeeda.com
Comments
Hottest News
F1 Las Vegas: Fans in weather panic over Grand Prix snow...
We are six days out from the 2025 Las Vegas Grand... Read More »
2h ago from GPFans.com
Max Verstappen victory sparks racing series rule change
F1 champion Max Verstappen’s impressive... Read More »
1h ago from GPFans.com
Christian Horner destined to become Lewis Hamilton's new...
Ever since the day Christian Horner was kicked... Read More »
4h ago from GPFans.com
