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McLaren enjoys massive $135 million turnaround

F1 Grand Prix, GP Mexico, Autódromo Hermanos Rodriguez McLaren has reported significant financial improvements, annoucing that it has recovered from an AUD $111.8 million (£57.84m) loss in 2022 to a healthy AUD $25 million (£12.9m) profit last year. McLaren's financial report covers its entire portfolio which includes its racing program in Formula One, IndyCar, Extreme E and Formula E. The British firm reported a revenue of £327.892 million in 2022 which has increased to £431.082 million for last year. The company noted that the main factor for the singiciant increase of revenue was the increased commercial activity across all the races series. The more encouraging results were...
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11h ago from F1Technical.net 0
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