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McLaren made £13.2 million net loss in 2017!
McLaren, as a Formula One team and car manufacturer combined, have recorded another year with a net loss, with the Woking-based company recording £13.2 million in losses. 2016 already saw the company recording a loss, as a net loss of £3.2 million pounds was logged. That more than quadrupled in 2017, which is a concerning fact, to say the least. Especially as the company limited the losses by selling a host of classic cars on auction (around 20 million was made from that). Another worrying factor is the fact that Honda actually paid McLaren to be partners instead of the other way around, as the Japanese are said to have paid somewhere around 55 million pounds to McLaren...
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5y ago from GPBlog.com
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