News Details
McLaren finances healthy after commercial boost
Zak Brown has revealed McLaren are “financially healthy” again, despite having had to take a loan from Bahrain’s National Bank in June. CEO of the F1 team, Brown pointed to new sponsorship deals, and further impending “announcements”, as signs that McLaren have overcome their funding worries. McLaren were far from being alone in enduring a difficult first half of 2020 due to the global health pandemic and made it clear they needed to secure extra financing to navigate the crisis, while also announcing they would make job cuts. Besides the loan from Bahrain's National Bank, recently McLaren have announced sponsorship deals including a renewed arrangement with Gulf Oil, previously...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Mclaren not 100% Mercedes-powered in 2021?: "No...
In the 2021 Formula 1 season, McLaren will leave Renault as an engine...
3y ago from GPBlog.com
McLaren "realistic" over 2020 potential...
Carlos Sainz has said Mclaren remains realistic as to what is possible in...
3y ago from GPFans.com
Williams heartfelt tribute to Britian's NHS
Williams Racing is acknowledging this weekend at Silverstone the...
3y ago from F1i.com
Formula 1 confirms plans for pre-race ‘End...
Formula 1 has confirmed plans for a pre-race ‘End Racism...
3y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP legend Rossi ‘would like to understand...
No description available...
46m ago from Motorsport.com
Acosta: Michelin needs to address "strange"...
No description available...
3h ago from Motorsport.com
The elements that will determine who will be Ducati's...
No description available...
1d ago from Motorsport.com
Quartararo reveals arm pump struggles at MotoGP...
Fabio Quartararo has revealed that Yamaha's 2024 bike turning difficulties...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Abel ends Indy 500 entry hopes, cites funding as cause
Abel Motorsports will not be fielding a car in this year’s Indianapolis...
17h ago from MotorsportWeek.c...
American flag livery returns for AJ Foyt Indy 500 entry
AJ Foyt Racing announced Wednesday that it is bringing its popular...
2d ago from MotorsportWeek.c...
Chevrolet confirms it had no knowledge of Team Penske...
Just over a week has passed since IndyCar announced the disqualification...
23h ago from MotorsportWeek.c...
IndyCar Barber: Start times, how to watch on TV, entry...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Evans: 2025 WRC Rally1 prototype “not so exciting”...
No description available...
22h ago from Motorsport.com
Toyota shuffles its WRC manufacturer points scorers...
No description available...
2d ago from Motorsport.com
Stellantis motorsport chief gives verdict on WRC...
No description available...
4d ago from Motorsport.com
FIA: WRC regulations debate won’t affect 2025 tyre...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal beat Bournemouth to go four points clear
Arsenal reopened a four-point lead over Manchester City at the top of the...
56m ago from SkySports.com
Video: Declan Rice seals Arsenal victory with...
Declan Rice has sealed a crucial win for the Gunners against Bournemouth...
46m ago from CaughtOffside.com
Arsenal sweep past Bournemouth to boost Premier League...
Arsenal cruise to a 3-0 win over Bournemouth at the Emirates Stadium to...
46m ago from SportsMole.co.uk
Video: Bukayo Saka's composed penalty gives Arsenal...
Bukayo Saka has given the Gunners a deserved lead at the Emirates Stadium...
1h ago from CaughtOffside.com
Comments
Hottest News
Hamilton Miami FIA penalty verdict announced
After a disappointing Sprint Qualifying for... Read More »
46m ago from GPFans.com
Newey breaks silence and REVEALS real reason behind shock...
Adrian Newey has spoken publicly for the first... Read More »
5h ago from GPFans.com
Staggering Miami GP food prices revealed
Food prices at the Miami International Autodrome,... Read More »
3h ago from RacingNews365.com