Creators of the Grand Theft Auto franchise ‘Take-Two’ Interactive Software, Inc has made a proposal to acquire Formula 1 video game developers Codemasters in a deal worth a... read more »
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Former F1 racer and now pundit Robert Doornbos has added further fuel to reports that Ineos could be set to take over the Mercedes team. read more »
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McLaren says Formula 1's move to impose factory closures during the coronavirus lockdown period was key to its team not being held back by early year financial headaches read more »
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McLaren will sell their state-of-the-art Formula One headquarters and lease it back long-term to raise cash and reduce the company's debt, the team's chief executive... read more »
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In a bid to raise cash, McLaren is putting its £200m Woking technology centre up for sale. read more »
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Following a formal announcement of a Strategic Review and Formal Sale Process on the 29th May 2020, the listed Williams F1 entity, Williams Grand Prix Holdings Plc (Frankfurt... read more »
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McLaren's Formula One future was never in doubt despite a cash crisis brought on by the COVID-19 pandemic and now resolved by a fresh injection of funds, team principal... read more »
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McLaren has agreed a £150 million loan arrangement with the National Bank of Bahrain to ease short-term cash flow problems which would have impacted its Formula 1 operation read more »
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McLaren are set to address their financial worries by arranging a loan from the National Bank of Bahrain (NBB) to provide a £150m cash injection next month. read more »
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McLaren is poised to secure a loan from the National Bank of Bahrain to solve its cash-flow problems, BBC Sport has learned. read more »
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The McLaren Group looks set to arrange a loan from the National Bank of Bahrain as it seeks the finances with to address an urgent cash shortfall read more »
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Racing Point has agreed to allow Aston Martin to buy up to £200m of shares in the team over the next five years. read more »
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When Lawrence Stroll bought his F1 team he handed Racing Point a healthy cash injection, but Otmar Szafnauer says it still has the "lowest" budget on the grid. read more »
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Racing Point team principal Otmar Szafnauer says his team is still the smallest Formula 1 squad by budget and staff size even after Lawrence Stroll's investment in the squad read more »
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Latest accounts reveal that McLaren has received a £300m cash injection from shareholders. read more »
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The McLaren Group have confirmed a cash injection of £300m from its shareholders as they look to navigate through the COVID-19 pandemic. read more »
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Liberty Media has provided a $1.4 billion lifeline to help Formula 1 and its teams overcome the current economic downturn. read more »
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It is time for Lewis Hamilton to stand by his 'Cash is King' criticism of Liberty Media and take a "generous" pay cut. read more »
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Despite Chase Carey's assurances that a season comprising 15 - 18 races will eventually get underway, F1 could be looking at a cash crisis as over £200m in race hosting... read more »
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Aston Martin has expressed concerns over cash during the next 12 months, but new investor Lawrence Stroll is confident that their plans to enter Formula 1 will still go ahead. read more »
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Lawrence Stroll is adamant his plans for Aston Martin to enter a works team in Formula 1 next season are continuing despite the apparent cash crisis surrounding the car company. read more »
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Former Formula 1 boss Bernie Ecclestone tells Liberty Media not to write cheques that they can't cash, the current showrunners still targeting a 15 to 18 race season... read more »
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Formula 1 CEO Chase Carey has rebuffed Lewis Hamilton's quip that the championship travelling to the now-cancelled Australian Grand Prix during the developing coronavirus... read more »
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F1 CEO Chase Carey has rejected Lewis Hamilton's suggestion that the championship was only pressing ahead with the Australian GP for financially-motivated reasons. read more »
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Liberty Media chief Chase Carey has disputed Lewis Hamilton's suggestion that for Formula 1, "cash is king", saying that if that was the case then the Australian... read more »