Thread: McLaren emergency funding hits a snag
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Old 24 Jun 2020, 07:10 (Ref:3983495)   #87
rich07
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Originally Posted by E.B View Post
It seems McLaren have been successful in getting their court action fastracked given their July 17th deadline previously mentioned.
This article in Autosport today puts a bit of light on the process and why /wherefores.
https://www.autosport.com/f1/news/15...nancing-battle

I’m not buying McLarens claims that is all due to Covid. The automotive side of the company has been in trouble even before Covid hit and Covid has just accelerated the effects of this. If McLaren want to avoid being like Aston Martin then they need to change their business in the automotive sector. They make too many cars for their dealers to sell for one example. They make some fantastic cars but the business side is letting that down.
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Somebody asked if the McLaren F1 was going to be like the Ferrari F40, Gordon Murray replied, "I don't think so, there's no one at McLaren who can weld that badly."
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