News Details

McLaren's financial problems 'solved' - Brown

Jun.29 McLaren's financial problems "have been solved". That is the claim of team supremo Zak Brown, mere days after it emerged that McLaren was actually looking towards a July hearing in the London High Court to avoid insolvency. Shortly after that news, rumours that McLaren could be rescued by a loan from the National Bank of Bahrain emerged. When asked about the alarming situation at Woking, Brown told Auto Motor und Sport: "The problems have been solved. "You will hear positive news from us in the next few days." McLaren will then be well position for the future with the budget cap coming in for 2021 and beyond, he added. "We are able to make full use of...
Full Story »
Share

You May Also Be Interested In...

No more financial problems for McLaren: "Taking...

Recently there were reports that McLaren was in financial difficulties....
5y ago from GPBlog.com

Brown: The 2020 midfield battle is going to be tougher

McLaren Racing CEO Zak Brown says that the Formula 1 midfield battle will...
5y ago from GrandPrix247.com

Brown: Holding back information from Sainz 'not...

McLaren boss Zak Brown says Carlos Sainz will not be kept out of the...
5y ago from F1i.com

Brown: The sport wins if fans win with new rules

Formula 1's new balancing measures from 2021 onwards are a win for all...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Will Power victorious after tense battle for the top...

IndyCar tackled the final road course of the season on Sunday, completing...

Alex Palou clinches title, becomes IndyCar’s newest...

Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

'Might go' – Arsenal legend names the Gunners...

Arsenal legend Alan Smith believes it might now be the right time for...
16h ago from CaughtOffside.com

Report: Arsenal could bring back former Premier League...

Ademola Lookman has been linked with a return to the Premier League in...
16h ago from CaughtOffside.com

Arsenal summer signing Martin Zubimendi praises 2...

Arsenal midfielder Martin Zubimendi has heaped praise on Declan Rice and...
19h ago from SportsKeeda.com

Arsenal 3-0 Athletic Bilbao – observations

Arsenal's pre-season fixtures concluded yesterday with a 3-0 win over...
21h ago from Arseblog.com

Comments

Hottest News

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.