News Details
McLaren posts loss after Mercedes, Whitmarsh payments
The McLaren F1 team posted a £25 million ($37.6m) loss in 2014, down from a £15m ($23m) profit in 2013, as a result of one-off costs and a downturn in performance, which saw the team fail to win a single race and secure just two podium finishes. The company's accounts show the overall McLaren Group made a loss of £16.3m ($24.6m), compared to a profit of £12.6m ($19m) in 2013, with much of that attributed to the Formula 1 team, rather than the 17 other companies it holds a stake in. One-off costs were the driving force behind a reduction in profit for the outfit, whilst their on-track performance also had a negative impact, helping to drive revenue down by 6.8...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
$25m loss-making McLaren compensates Whitmarsh,...
$25m loss-making McLaren compensates Whitmarsh, Mercedes A $15 million...
10y ago from ThisIsF1.com
McLaren pay $15 million compensation to Whitmarsh
A $15 million pay-out to former team principal Martin Whitmarsh...
10y ago from GrandPrix247.com
McLaren focusing for 2016 F1 rebound as it posts $25M...
McLaren focusing for 2016 F1 rebound as it posts $25M Loss McLaren...
10y ago from ThisIsF1.com
No miracles, no magic: How McLaren can catch Mercedes
McLaren's engine partner Honda says it does not need a 'miracle' to close...
10y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
14h ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
15h ago from MotorsportWeek.c...
Honda completes another test with 2027 bike as Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Grand Prix of Long Beach set for leadership change
No description available...
2d ago from Motorsport.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
2d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
2d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
9h ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
14h ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
16h ago from Motorsport.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“This guy is costing you a title” - Fans slam...
Arsenal fans have ripped into Viktor Gyökeres for his performance during...
4h ago from SportsKeeda.com
Nottingham Forest 0-0 Arsenal: Premier League – live...
points were shared on an evening when Arsenal extended their lead at the...
5h ago from TheGuardian.com
Player ratings: Nottingham Forest 0-0 Arsenal
Arsenal drew a blank in the Premier League once again with a stalemate...
5h ago from FreshArsenal.com
Sels frustrates Arsenal as leaders move seven points...
s game was summed up neatly in the 82nd minute when two Nottingham Forest...
5h ago from TheGuardian.com
Comments
Hottest News
How Alex Albon met Lily Muni via Drive to Survive and THAT...
F1 star Alex Albon and Lily Muni He recently... Read More »
3h ago from GPFans.com
'It just feels right': F1 fans rejoice as Red Bull finally...
Red Bull have finally given F1 fans what they've... Read More »
5h ago from GPFans.com
Oscar Piastri hints at change to controversial McLaren...
McLaren F1 star Oscar Piastri has hinted there... Read More »
4h ago from GPFans.com
