News Details

McLaren in talks with National Bank of Bahrain for loan

McLaren is in a bit of a financial mess to pay the upcoming bills, so they are looking for new ways to get their finances in order. One of the steps they've taken is to talk to the National Bank of Bahrain to secure financing that will allow the team to cover the upcoming costs. Negotiations According to Sky News, McLaren is detailed negotiations with the bank to release more than £150 million. It remains to be seen whether it will succeed, given that the agreement is far from on the table. Interestingly, one of the major shareholders in the bank already has a stake in McLaren. Read more Zanardi receives blessings of the very highest order Honda already brings the first engine update...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

McLaren poised to secure loan from National Bank of...

McLaren is poised to secure a loan from the National Bank of Bahrain to...
5y ago from BBC.co.uk

McLaren takes legal action to secure vital new loan

The McLaren Group has asked a court to allow it to use its factory and...
5y ago from F1i.com

McLaren taking legal action to secure 'urgent' new...

The McLaren Group has launched legal action to allow it to secure new...
5y ago from Crash.net

McLaren take legal action to try to secure 'urgent'...

McLaren takes legal action to allow it to secure "urgent"...
5y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...
15h ago from MotorsportWeek.c...

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

IndyCar tackled the final road course of the season on Sunday, completing...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

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

Popular On GunnersToday.com

Arsecast Extra Episode 653 – 11.08.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
2h ago from Arseblog.com

“I’d agree” - Alan Shearer and Gary Lineker say...

Alan Shearer and Gary Lineker believe that Viktor Gyokeres' arrival might...
4h ago from SportsKeeda.com

Jose Mourinho makes offer to sign Arsenal star; wants...

Former Premier League winning-coach Jose Mourinho wants to sign Arsenal...
5h ago from SportsKeeda.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.