News Details
McLaren facing vital court hearing to help secure financial future
McLaren is facing a key court case on the eve of the season-opening Formula 1 grand prix in Austria as it seeks to secure its financial future. McLaren Holdings Ltd is seeking what has been described by its lawyer, Tom Smith QC, as an "urgent" round of refinancing before July 17 when it is claimed it is set to face potential insolvency. Article continues under video The company is looking for a judgment that security held over its classic car collection and Technology Centre headquarters in Woking can be released, enabling it to raise the vital funds required. Smith has claimed that deals are in the pipeline that will allow the sale of the cars and a leaseback of the property....
Full Story »
Full Story »
5y ago from GPFans.com
0
You May Also Be Interested In...
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'...
McLaren is seeking a High Court declaration that will allow the company...
5y ago from PlanetF1.com
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
The Parc Fermé F1 Podcast #687 Send Help!
Join Grace, Paul and me as we review the Formula 1 news of the week. We...
5y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
22h ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d ago from Motorsport.com
Brad Binder admits he “can do a lot better” after...
No description available...
23h ago from Motorsport.com
Davide Tardozzi dismisses “absurd” rumours about...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
3d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
4d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
21h ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal conceding late goals is not a defence issue -...
Another fright before Christmas. Arsenal never seem to do it the easy way.
2h ago from SkySports.com
Arsenal latest: Kepa ready for Chelsea reunion in...
No description available...
2h ago from SkySports.com
‘This is something he is never going to forget’:...
ayo Saka and Gabriel Magalhães among those playing games with children,...
5h ago from TheGuardian.com
Arsenal 1-1 Crystal Palace (8-7 pens): Own goal, late...
Match report – Player ratings – Arteta reaction – Quotes...
5h ago from Arseblog.com
Comments
Hottest News
Leclerc’s ‘naughty’ Christmas gift leaves Russell...
Ferrari’s Charles Leclerc may not have ended... Read More »
1h ago from F1i.com
Howden Ganley, McLaren's third-ever employee
A veteran of 41 Grands Prix starts, Howden Ganley... Read More »
57m ago from F1i.com
Haas issue response to future F1 speculation after major...
Toyota will become a title partner of the Haas F1... Read More »
2h ago from RacingNews365.com
