News Details

Inside Line: McLaren paying high price for bad decisions

It is no secret that McLaren's decision to ditch Honda works Formula 1 engines for Renault customer units cost the Woking outfit $100-million, but the reality is that the team did not reach the heights they expected and one wonders if the change to Renault has been a total failure. McLaren Group chairman Bahrain's Sheikh Mohammed bin Essa Al Khalifa, boss of Mumtalakat investment fund which is the majority and controlling shareholder of the Woking organisation, told BBC of the Honda split, 'It was an expensive decision' but added it was 'in the long-term interests of the company.' McLaren are going through the worst patch in their history. Performance is woeful, not even Fernando Alonso...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

What exactly is Renault big boss Ghosn accused of?

Japan was shocked by news that Nissan Motor Co Chairman Carlos Ghosn, who...
5y ago from GrandPrix247.com

Renault: Business as usual in F1 amid Ghosn saga

Yesterday Nissan’s board, with Renault backing, voted unanimously to...
5y ago from GrandPrix247.com

Renault chairman arrested for alleged fraud

Renault and Nissan chairman Carlos Ghosn has been arrested for...
5y ago from GPBlog.com

Renault, Nissan head facing the axe after arrest

Nissan and Renault chairman Carlos Ghosn, who helped engineer Renault's...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Martin leads opening MotoGP practice in Catalunya

Jorge Martin topped the timesheets in the opening practice session for...

Popular On IndyCarToday.com

Pagenaud to drive Gil de Ferran’s 2003 Indy 500...

Simon Pagenaud will be back behind the wheel for this year’s...
21h ago from MotorsportWeek.c...

Indy 500 and F1 championship on the same level –...

Enzo Fittipaldi has revealed that although has been advancing his career...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Comments

Hottest News

LIVE: 2024 F1 Monaco Grand Prix - Free Practice 1

Follow along for live coverage of first practice... Read More »
1h ago from RacingNews365.com

SHOCK team in 'advanced talks' over Sainz signing

A shock team have emerged as a contender to sign... Read More »
55m ago from GPFans.com

F1 drivers urging FIA to introduce ‘lap deletion’ red...

Several F1 drivers are urging the FIA to consider... Read More »
4h ago from F1i.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.