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
Fabio Di Giannantonio secures pole position on...
VR46 Ducati's Fabio Di Giannantonio ended a four-year drought to claim...
5h ago from MotorsportWeek.c...
MotoGP Brazilian GP: Fabio di Giannantonio takes pole...
No description available...
5h ago from Motorsport.com
Huge hole on main straight poses new problem for...
No description available...
4h ago from Motorsport.com
Ai Ogura fastest in final Brazilian MotoGP practice
Trackhouse Racing rider Ai Ogura recorded the fastest time in the final...
6h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
3d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
3d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
4d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
11h ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
15h ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
14h ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal prepare 50m Bundesliga blitz for 15 G/A teen...
Arsenal remain interested in signing the Cameroon forward Christian Kofane...
41m ago from CaughtOffside.com
Arsenal and Man United want 55m 'chaos-maker' with a...
Arsenal and Manchester United are interested in signing the Hoffenheim...
2h ago from CaughtOffside.com
Merson: Cup final could give Arsenal quadruple belief...
Paul Merson has claimed the Carabao Cup final could give Arsenal the...
2h ago from SkySports.com
Pep Guardiola appears to confirm star man will not...
Manchester City boss Pep Guardiola has seemingly confirmed the...
7h ago from SportsKeeda.com
Comments
Hottest News
John Elkann performs Lewis Hamilton U-turn in awkward...
Lewis Hamilton and John Elkann have made a public... Read More »
31m ago from GPFans.com
Aston Martin start from a ‘clean sheet’ as Fernando...
Two-time F1 champion Fernando Alonso has been... Read More »
1h ago from GPFans.com
Max Verstappen 'looking into' future Nurburgring races...
F1 superstar Max Verstappen has confirmed he is... Read More »
2h ago from GPFans.com
