The post How McLaren Staved Off Financial Ruin And Revved Up Its F1 Business appeared on BitcoinEthereumNews.com.

On the brink of insolvency five years ago, the team is now dominating on the Formula 1 track—and, under the leadership of CEO Zak Brown, building up its sponsorships to rival Ferrari and Mercedes. When McLaren drivers Lando Norris and Oscar Piastri crossed the finish line in third and fourth place at the Singapore Grand Prix in October, the chase for Formula 1’s constructors’ championship was over. For the second consecutive season, McLaren had claimed the sport’s ultimate prize, and that left Zak Brown with a pivotal decision to make: how to properly celebrate. For the 54-year-old McLaren Racing CEO, though, there wasn’t much question how to surround himself. “With your racing team—and not just the racing team at the circuit, but the entire racing team, which is made up of 1,400 people at McLaren,” Brown says, knowing all too well that the latest McLaren dynasty was preceded by a painful 26-year title drought. “So pretty exciting times.” With three Grand Prix races still remaining in the F1 season—starting with Las Vegas on Saturday, followed by Qatar and Abu Dhabi—McLaren could soon collect even more hardware. Norris is in pole position to capture the drivers’ championship, a feat no one has managed in a McLaren since Lewis Hamilton did so in 2008, and his closest competition in the standings is his teammate Piastri, 24 points back. Just as impressive as any trophy, however, is what McLaren has accomplished off the track. In 2019, Forbes valued the team at $620 million, on $165 million in revenue the preceding year. While only three teams were worth more, McLaren was by far the least profitable outfit in the sport, with an astonishing $137 million operating loss (earnings before interest and taxes) in 2018. Six years later, Forbes estimates McLaren’s Formula 1 team is…

---

Filed under: News - @ November 20, 2025 7:26 am