McLaren a money-making machine? We are profitable, says Brown

South Africa News News

McLaren a money-making machine? We are profitable, says Brown
South Africa Latest News,South Africa Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

WOKING, England : The McLaren Formula One team are back in the black financially and cashflow positive, chief executive Zak Brown said on Monday as the team launched a 2023 car celebrating their 60 years of existence.Asked whether the former world champions were 'potentially a money-making machine' as For

WOKING, England : The McLaren Formula One team are back in the black financially and cashflow positive, chief executive Zak Brown said on Monday as the team launched a 2023 car celebrating their 60 years of existence.

" very fortunate that we brought in new shareholders that enabled us to do things like the wind tunnel and the simulator. We're cashflow positive, we've got I think the greatest set of corporate partners in all of motorsports. A new wind tunnel is due to become operational mid-year, with the team expecting that to bring a step-change in performance.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Norris expects FIA U-turn on F1 drivers speaking outNorris expects FIA U-turn on F1 drivers speaking outWOKING, England : McLaren's Lando Norris expects Formula One's governing body to make a U-turn on a new rule change requiring drivers to get prior written permission before speaking out on 'political' issues at races.Speaking to reporters at the launch of the team's 2023 car on Monday, Norris said drivers
Read more »

Skateboarding-Britain's 14-year-old Brown wins park gold at World ChampionshipsSkateboarding-Britain's 14-year-old Brown wins park gold at World ChampionshipsBritain's 14-year-old Olympic medallist Sky Brown struck gold at the World Championships Skateboard Park competition in Sharjah on Sunday.It was the first qualifying event for the Paris 2024 Olympic Games and Brown's high score of 90.83 was enough to give her the gold medal. Japan's Kokona Hiraki was seco
Read more »

England turn on the power to maul Italy 31-14England turn on the power to maul Italy 31-14LONDON : England overpowered 31-14 Italy at Twickenham on Sunday with a display of traditional set-piece physicality to record a first win of the Six Nations and build momentum under new coach Steve Borthwick.The hosts bounced back from defeat by Scotland with a display of belligerent if sometimes clumsy
Read more »

Borthwick happy with England improvementBorthwick happy with England improvementLONDON : If anyone was expecting Steve Borthwick to offer an apology for relying almost entirely on the rolling maul to beat Italy on Sunday they do not know the England coach, who was really pleased with the progress shown in the 31-14 Twickenham victory.England scored five tries, four of them effectivel
Read more »

Small asteroid burns up over England, Wales and France as enters Earth’s atmosphereSmall asteroid burns up over England, Wales and France as enters Earth’s atmosphereA small asteroid reportedly burnt up upon entering Earth’s atmosphere over the English Channel on Monday, with the spectacle visible from southern England and Wales to as far as Paris, France. Read more at straitstimes.com.
Read more »

Former England captain Morgan retires from cricketFormer England captain Morgan retires from cricketEngland's 2019 World Cup-winning captain Eoin Morgan announced his retirement from all forms of cricket aged 36 on Monday, bringing the curtain down on a career studded with short-form success.Former white-ball captain Morgan, who bowed out of the international game last June, led England to 50-over World
Read more »



Render Time: 2025-04-07 20:34:26