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McLaren - Page 3

William Stopford

McLaren looking to sell stake in Racing division

William Stopford

 McLaren looking to sell stake in Racing division

McLaren's short-term future is a little rosier than before, but now it's looking at selling a minority stake in its Racing division to fund its medium-term future.

William Stopford

McLaren to receive $277 million loan from National Bank of Bahrain

William Stopford

 McLaren to receive $277 million loan from National Bank of Bahrain

McLaren said it needed cash by mid-July or it would be in dire straits. A Bahrain bank has stepped in just in time with a loan.

Derek Fung

McLaren sues to access emergency funding

Derek Fung

 McLaren sues to access emergency funding

McLaren is heading to court in order to free up some assets to gain urgently needed cash to keep the company running in the short term.

Henry Man

2017-20 McLaren range recalled

Henry Man

 2017-20 McLaren range recalled

McLaren has issued an urgent safety recall for several models due to a foam pad that could trap corrosive moisture.

William Stopford

McLaren "severely affected" by pandemic, cutting 1200 jobs

William Stopford

 McLaren "severely affected" by pandemic, cutting 1200 jobs

With Formula 1 racing suspended and demand for its road cars down, McLaren is cutting over a quarter of its workforce.

Alborz Fallah

Daniel Ricciardo to McLaren for 2021

Alborz Fallah

 Daniel Ricciardo to McLaren for 2021

The smiling Aussie is headed to McLaren, leaving behind Renault and hopes of a Ferrari seat.

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