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
Pedro Acosta explains what KTM needs to close the gap...
No description available...
13h ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
18h ago from Motorsport.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
1d ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti lights up IndyCar Long Beach practice, Will...
The field of 25 drivers in the NTT IndyCar Series roared out of a...
5h ago from MotorsportWeek.c...
Will Power says father wrestling gunman was "just...
No description available...
7h ago from Motorsport.com
Current street course woes make Long Beach “a...
No description available...
13h ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
13h ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
14h ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal & Man United showing 'most...
Eduardo Camavinga has been heavily linked with a move away from Real...
22m ago from CaughtOffside.com
Papers: Arsenal interested in Leicester teenager as...
The top stories and transfer rumours from Saturday's newspapers...
6h ago from SkySports.com
Arsenal will not play for a draw in Manchester City...
t;li>Arsenal coach sees trip to Etihad as ‘a big opportunity’Bukayo...
8h ago from TheGuardian.com
Wayne Rooney makes huge Arsenal title claim amid late...
Manchester United legend Wayne Rooney has backed Arsenal to clinch the...
11h ago from CaughtOffside.com
Comments
Hottest News
Oscar Piastri hints at McLaren disadvantage during F1 break...
It has not been an easy start to the year for... Read More »
1h ago from RacingNews365.com
Max Verstappen Nurburgring Results: NLS4 qualifying results...
Four-time F1 champion Max Verstappen will be in... Read More »
7h ago from GPFans.com
George Russell fires ominous warning to Mercedes F1 rivals
With three races down and three Mercedes wins,... Read More »
12m ago from RacingNews365.com
