Discussion
Bo_apex said:
janesmith1950 said:
Bo_apex said:
It doesn't seem so long ago that Honda were mighty in F1.
1980s?Their engines in the naughties weren't anything special.
Time certainly does fly by when you're having fun.
In other news, does anybody fancy buying a (minority) stake in McLaren?
https://www.pitpass.com/67081/McLaren-to-sell-mino...
https://www.pitpass.com/67081/McLaren-to-sell-mino...
rev-erend said:
Too late for Toto.
He just joined the growing list of people who made a small fortune from Aston Martin, sadly they all lost a bigger fortune.
He also just bought a small part of Williams, so if he bought into McLaren as well then he'd own piece of every Mercedes 2021 customer team.He just joined the growing list of people who made a small fortune from Aston Martin, sadly they all lost a bigger fortune.
Ron was calling the shots when they dumped Mercedes for Honda and brought Fred onboard and had the useless Boulier running the F1 team. It was also his call to go for mass producing road cars.
Zak has been doing a good job of turning things around, getting good people onboard once the Honda excuse was gone. He is dealing with a road car division decimated by CV19 and issues baked in prior to his arrival.
Zak has been doing a good job of turning things around, getting good people onboard once the Honda excuse was gone. He is dealing with a road car division decimated by CV19 and issues baked in prior to his arrival.
jsf said:
Ron was calling the shots when they dumped Mercedes for Honda and brought Fred onboard and had the useless Boulier running the F1 team. It was also his call to go for mass producing road cars.
Whitmarsh was in charge of the F1 team when McLaren announced the deal with Honda which was almost 4 years after Dennis stood down to focus on the automotive business.jsf said:
Zak has been doing a good job of turning things around, getting good people onboard once the Honda excuse was gone. He is dealing with a road car division decimated by CV19 and issues baked in prior to his arrival.
Zak Brown has no involvement with the automotive business. His remit is limited to the racing operation only.Just when you thought it couldn't get any worse...
McLaren were in the High Court today requesting an urgent hearing for a claim against U.S. Bank Trustees Limited who are the Security Agents for McLaren's existing financing arrangements.
The Security Agent has, at the request of the existing lenders to McLaren, refused to allow the company to use either the collection of heritage cars or the factory as security against new borrowings.
A hearing has been requested urgently as McLaren confirmed that they must obtain new funding before 17 July.
Court documents here
They are on the brink.
McLaren were in the High Court today requesting an urgent hearing for a claim against U.S. Bank Trustees Limited who are the Security Agents for McLaren's existing financing arrangements.
The Security Agent has, at the request of the existing lenders to McLaren, refused to allow the company to use either the collection of heritage cars or the factory as security against new borrowings.
A hearing has been requested urgently as McLaren confirmed that they must obtain new funding before 17 July.
Court documents here
They are on the brink.
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