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 »
5y 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...
5y ago from GPBlog.com
McLaren "realistic" over 2020 potential...
Carlos Sainz has said Mclaren remains realistic as to what is possible in...
5y ago from GPFans.com
Williams heartfelt tribute to Britian's NHS
Williams Racing is acknowledging this weekend at Silverstone the...
5y ago from F1i.com
Formula 1 confirms plans for pre-race ‘End...
Formula 1 has confirmed plans for a pre-race ‘End Racism...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
13h ago from Motorsport.com
Marco Bezzecchi explains how Ducati ended Aprilia's...
No description available...
9h ago from Motorsport.com
Marc Marquez: 'I don't have the pace to fight for...
No description available...
12h ago from Motorsport.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar to limit entries to those holding a charter
The NTT IndyCar Series has confirmed that future races will be limited to...
12h ago from MotorsportWeek.c...
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
2d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
5d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
6h ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
15h ago from MotorsportWeek.c...
WRC Canary Islands: Oliver Solberg crashes out of...
No description available...
15h ago from Motorsport.com
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
12h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Drowning in the banter-sphere: how can the Premier...
current season has become a meme-war without end, an endless rolling wall...
5h ago from TheGuardian.com
Report: Arsenal open to selling summer signing after...
Arsenal are open to listening to offers for summer signing Viktor Gyokeres...
5h ago from CaughtOffside.com
'Let Arteta win the league' - Arsenal fans make plea...
An Arsenal fan has posted a video of himself begging Manchester City...
4h ago from SportsKeeda.com
Arsenal keeping tabs on Real Madrid attacker as they...
Arsenal are reportedly monitoring Real Madrid forward Endrick as they look...
9h ago from SportsKeeda.com
Comments
Hottest News
Meet Lewis Hamilton's ultimate superfan and you may know...
Seven-time F1 champion Lewis Hamilton has the... Read More »
5h ago from GPFans.com
Ferrari F1 engineer speaks out over 'arrogant' Lewis...
A former Ferrari F1 race engineer has defended... Read More »
7h ago from GPFans.com
McLaren boss takes aim at Daniel Ricciardo's final act in F1
McLaren CEO Zak Brown recently used Daniel... Read More »
6h ago from GPFans.com
