Zak Brown Denies McLaren F1 Struggling Financially Amidst Audi Buy-In Rumors
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When the Volkswagen Group emerged as the front-runner for the Formula One opening in 2025, a lot of rumors spurred out of it, including the ones that claimed one of Volkswagen’s subsidiaries, Audi, to have initiated talks with McLaren over a potential takeover.
This initially made sense, considering Audi’s urge to enter the sport as a complete racing outfit rather than just as an engine supplier. Also, there were rising concerns over McLaren’s financial capability.
Hence, with the two factors coinciding with each other quite well, the scenario of Audi buying into the historic British outfit looked reasonable. But, the question is, will the deal happen at some point in the near future?
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No, according to McLaren’s boss, Zak Brown.
What did the McLaren boss say?
As reported by Motorsport Total, Brown opened up that McLaren, with the help of MSP Sports Capital, have managed to revive their financial stability.
MSP signed a deal with McLaren in late 2020 and provided a cash injection of around €200 million which seemed to have wiped away even the minimal chances of Audi taking over the functioning of McLaren in F1. He further acknowledged the team’s optimism for the future amidst the nearing regulatory changes.
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“We are financially in great shape,” he said. “Our sales are growing rapidly. I think we have more commercial partners than any other Formula 1 Team announced. MSP has given us the financial resources we need to be profitable.”
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Brown admits McLaren’s growing fame
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Brown affirmed that McLaren are starting to come back under the spotlight in F1, thanks to their recent performance resurgence.
“You were a very stabilizing factor; Both from a fiscal and emotional point of view, within the racing team. You are great partners, You are sports investors and want to win. You understand the sport because Formula 1 is a unique business. We couldn’t be happier after a year be,” he said.
Overall, chin up McLaren fans! They aren’t going anywhere at least until 2025 which is set to unleash a new engine era upon Formula One. Hence, can the Papaya deliver a flourishing end to the next set of years? Well, we’ll know in time.
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