McLaren could offer shares of its racing division for sale. The Sky is reported”. According to the report, it pulls at the British formula 1 team with tradition, eligible investors up to 30 per cent of McLaren Racing to offer. This would apply to both the formula 1 project as well as the IndyCar division of the company.
McLaren even wanted to give on demand of ‘motorsport-total.com no opinion on it. From Woking, it does not mean only: “speculation we comment on.”
Actually, the corona crisis, McLaren has hit hard: Some of the employees were sent on short-time work, what was in the formula 1, but not an isolated case. With Williams, another tradition of the team from the United Kingdom chose the same path – in terms of short-time working only after McLaren, a (partial) sale before that.
Ross Brawn is surprised,
formula 1 sports boss Ross Brawn acts in the face of this Situation is not surprising. He says in an interview with ‘Motorsport-Total.com’: The financial distress of McLaren and Williams, was also due to the sporty ride of the two Teams.
O-Ton: “The formula 1 is brutal. If you have a Last will, like Williams, then there are consequences. At this point it has reached now. McLaren was in the last years [also] not very good.”
There were in formula 1, “no free ticket”, so Brawn more. “Aren’t you a few years at the music, then you will have to live with the consequences: You’ll lose sponsors, and you get less prize money than in the past.” It was like a downward spiral, explained Brawn.
those Who invest, must be between the lines
read The formula 1 should not think of the give, in principle, but. “It would be two teams, the need to stop, then one would suspect an error in the System,” says head of sports, Brawn. “It is two Teams that were a few years of poor on-the-go.”
And it put probably more to it than just poor performance on the race track, says Brawn. Potential investors would have to figure out the “basic reasons” for the Situation at McLaren and Williams.
“Why the performance has not passed, whether it was due to the financing, the internal structures of the approach,” says Brawn. “I don’t know really. But it is precisely this understanding is now required.”
a New era in the formula 1
Especially since the formula 1 is in the term, to renew their entire business model. The soon-reaching budget limit thank, as Renault team boss Cyril Abiteboul in conversation with ‘Motorsport-Total.com’ stresses. He says: “Now there is a sustainable business model for most of the Teams.”
“It may come a little late and to have a time that some of the teams accumulated in the Vorsaisons already in debt. I don’t think only of Williams, but Williams has made it into the headlines. I’m sure It applies just the same to other Teams.”
what matters is now, how you’ll deal with “these Contaminated sites”. Because the new conditions were a formula 1 future, in any case attractive, so Abiteboul more.
A racing team that produces Profit?
“If you have sponsors, have a decent performance and neat then you can write a black Zero. That is a real trend. All of a sudden from a loss-making business is a number that could even make a Profit.”
For McLaren and for Williams it is now, but once getting to find new partners to obtain fresh money for the racing and to be able to these in order to ensure.
This article was written by Stefan Ehlen
*The post “How Williams is Also considering McLaren sale of team shares,” will be published by Motorsport-Total.com. Contact with the executives here.
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