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McLaren in talks with National Bank of Bahrain for loan

McLaren is in a bit of a financial mess to pay the upcoming bills, so they are looking for new ways to get their finances in order. One of the steps they've taken is to talk to the National Bank of Bahrain to secure financing that will allow the team to cover the upcoming costs. Negotiations According to Sky News, McLaren is detailed negotiations with the bank to release more than £150 million. It remains to be seen whether it will succeed, given that the agreement is far from on the table. Interestingly, one of the major shareholders in the bank already has a stake in McLaren. Read more Zanardi receives blessings of the very highest order Honda already brings the first engine update...
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3y ago from GPBlog.com 0
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