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 »
4y 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...
4y ago from GPBlog.com
McLaren "realistic" over 2020 potential...
Carlos Sainz has said Mclaren remains realistic as to what is possible in...
4y ago from GPFans.com
Williams heartfelt tribute to Britian's NHS
Williams Racing is acknowledging this weekend at Silverstone the...
4y ago from F1i.com
Formula 1 confirms plans for pre-race ‘End...
Formula 1 has confirmed plans for a pre-race ‘End Racism...
4y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Details of Marc Marquez’s first test with factory...
No description available...
13h ago from Motorsport.com
Bagnaia: I will learn to finish fifth instead of...
No description available...
14h ago from Motorsport.com
The mental metamorphosis that helped Martin secure his...
No description available...
13h ago from Motorsport.com
Bastianini slams Espargaro for supporting Martin’s...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
4d ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
4d ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
4d ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
17h ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
3d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
3d ago from Motorsport.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Barcelona Transfer News Roundup: Catalans eyeing...
No description available...
45m ago from SportsKeeda.com
Real Madrid Transfer News Roundup: Los Blancos suffer...
No description available...
1h ago from SportsKeeda.com
Manchester United plot January loan move for...
No description available...
4h ago from SportsKeeda.com
'I imagined a future there' - Real Madrid star...
No description available...
7h ago from SportsKeeda.com
Comments
Hottest News
Ricciardo makes sensational RETURN as F1 team announce huge...
Axed Formula 1 star Daniel Ricciardo is keeping... Read More »
6h ago from GPFans.com
Huge Cullen statement made ahead of Hamilton Ferrari switch
A clear statement has been made regarding Lewis... Read More »
11h ago from GPFans.com
Ferrari expected to make major change in BOMBSHELL 'signing'
Ferrari Formula 1 team could be looking to make a... Read More »
22h ago from GPFans.com
