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 »
Full Story »
5y ago from GPBlog.com
0
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
Nicolo Bulega is not Ducati's "first choice"...
No description available...
2h ago from Motorsport.com
How Ai Ogura is starting to fulfil his MotoGP potential
No description available...
5h ago from Motorsport.com
Ducati carries out 850cc MotoGP bike shakedown at...
No description available...
23h ago from Motorsport.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Tweaked single-car Fast Six qualifying set for...
No description available...
20h ago from Motorsport.com
IndyCar expands qualifying change for remaining street...
The NTT IndyCar Series has announced that it will be continuing with an...
19h ago from MotorsportWeek.c...
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
1d ago from Motorsport.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Why WRC Croatia victory was “quite special” for...
No description available...
23h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
2d ago from MotorsportWeek.c...
WRC Croatia: Driver crashes… then sits down for...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'They already lost the league' - Former Chelsea star...
Former Chelsea midfielder Eidur Gudjohnsen believes Arsenal have already...
1h ago from SportsKeeda.com
Arsenal injury worries pile up with doubts over return...
t;li>Rice faces late fitness test for clash with SportingArteta has...
1h ago from TheGuardian.com
'I'm dreaming so much' - Mikel Arteta makes claim...
Arsenal boss Mikel Arteta has opened up about his feelings ahead of their...
2h ago from SportsKeeda.com
Arsenal suffer injury crisis ahead of Champions League...
Arsenal boss Mikel Arteta has been handed a blow ahead of the Champions...
3h ago from SportsKeeda.com
Comments
Hottest News
FIA ban clever Mercedes and Red Bull F1 engine trick -...
The FIA has reportedly banned a trick used... Read More »
4h ago from RacingNews365.com
‘The perfect opportunity’: Montoya weighs in on...
The departure of Gian Piero Lambiase from Red... Read More »
37m ago from F1i.com
Max Verstappen challenged by his dad over shock racing...
Max Verstappen's future is the subject of... Read More »
27m ago from GPFans.com
