News Details
McLaren Racing records massive £96m loss in 2018
McLaren Racing, the division which oversees its Formula 1 and IndyCar operations, recorded a record loss of £96 million for the 2018 financial year. The McLaren Group, which also includes its automotive brand and applied technologies company, reported a massive boost in turnover from £871.3m in 2017 to £1,256.6m in 2018 and a greatly reduced loss of just £4.8m last year, compared with £43.4m the year prior. Much of that is down to McLaren Automotive which saw unit sales increase by 45 per cent, with 4,829 cars sold during 2018. The F1 team saw a £1m profit in 2017 dramatically reverse, with a record loss of £96m, driven by the loss of engine...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Racing point still feeling the effects of 2018
It was a disastrous 2018 for Force India, now Racing Point and their...
6y ago from GPBlog.com
Vettel is F1's biggest money winner
Though facing stiff opposition from his new teammate, it is revealed that...
6y ago from Pitpass.com
Insight - Form Guide: Who's hot, who's not, at Baku?
Who’s hot 🔥 and who’s not 👎🏻 in Azerbaijan?...
6y ago from MotorsportWeek.com
Sergio Perez says Lawrence Stroll 'the most motivated...
Racing Point driver Sergio Perez has described team owner Lawrence Stroll...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
1d ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
31m ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
20h ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
5h ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
5h ago from MotorsportWeek.c...
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
23h ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta insists he won't 'lie' to Arsenal players...
Arsenal manager Mikel Arteta has admitted he can't 'lie' to his players...
6h ago from CaughtOffside.com
Improved performance needed for Everton away
Morning all. It's another late Saturday kick-off as we travel to Everton...
5h ago from Arseblog.com
“He’s taken my players too cheaply” - David...
Everton manager David Moyes has said that Arsenal counterpart Mikel Arteta...
5h ago from SportsKeeda.com
“I shouldn’t be saying this” - Bukayo Saka...
Arsenal superstar Bukayo Saka has revealed that he was a huge fan on...
8h ago from SportsKeeda.com
Comments
Hottest News
F1i's 2025 Driver Rankings: The grid's top 10 best...
We're on to part 2 of our F1i Driver Rankings for... Read More »
2h ago from F1i.com
F1 bracing for 2026 engine controversy over ‘thermal...
Formula 1 is bracing for its first major... Read More »
4h ago from F1i.com
Mercedes and Red Bull tipped to blow away F1 rivals in 2026...
Ferrari, Audi and Honda are set to go to the FIA... Read More »
2h ago from GPFans.com
