News Details
Mclaren receives £300 million injection; more measures not excluded
McLaren is hit hard by the coronavirus and for that reason the number of measures has been expanded. The shareholders of the British brand have invested £300 million, but that may not be all. The McLaren Group is currently talking to external lenders and the bank. The £300 million injection was done to keep McLaren afloat by navigating through the corona crisis. However, that amount may not yet be enough, as people are currently also talking to third parties to see whether additional working capital can be tapped. Read more Gasly and Kvyat followed the same route: 'Podium at Red Bull Racing is a must.' Bank loans McLaren weigh heavily In addition, McLaren, like any...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Szafnauer: 'I expect that the lockdown in F1 will be...
All events surrounding the coronavirus have hit the F1 teams hard. A...
5y ago from GPBlog.com
Number of races doesn't matter: 'A season used to be...
Formula 1 is currently busy trying to put together a calendar that...
5y ago from GPBlog.com
MotoGP confirms further delays and technical changes
Due to the ongoing coronavirus outbreak, MotoGP has implemented measures...
5y ago from F1Technical.net
''Look at the reliability, we might as well have just...
Formula 1 is currently working hard to find a solution to the problem...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Carlos Ezpeleta: 'We are in hurry to lay foundations...
No description available...
8h ago from Motorsport.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
1d ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
2d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
3d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
9h ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
1d ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal target versatile Spanish defender who...
Arsenal’s summer recruitment drive is already taking shape, and one of...
6h ago from CaughtOffside.com
Arsecast Extra Episode 681 – 16.02.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
7h ago from Arseblog.com
Arsenal hold strongest interest in signing Real Madrid...
Arsenal are reportedly leading the chase to sign Real Madrid defender...
9h ago from SportsKeeda.com
Arsenal latest: 'We need some players back' –...
No description available...
11h ago from SkySports.com
Comments
Hottest News
Aston Martin make radical choice ahead of second Bahrain F1...
F1 testing resumes this week from the Bahrain... Read More »
2h ago from RacingNews365.com
Breaking: Red Bull chief designer steps down on eve of F1...
Red Bull has confirmed the departure of its chief... Read More »
29m ago from RacingNews365.com
Aston Martin respond to damning Lance Stroll comments
Lance Stroll offered a blunt assessment of the... Read More »
39m ago from RacingNews365.com
