As the Volkswagen Group emerged as the frontrunner at Formula 1 kick-off in 2025, rumors surfaced, including those claiming that a subsidiary of Volkswagen, Audi, had started talks with McLaren about a possible takeover.
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This initially made sense when you consider that Audi wanted to enter the sport not just as an engine supplier, but as a complete racing outfit. There were also growing concerns about McLaren’s financial performance.
Since the two factors went together quite well, the scenario of an Audi shopping in the historic British outfit therefore looked sensible. But the question is, will the deal take place sometime 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 announced that McLaren had managed to restore their financial stability with the help of MSP Sports Capital.
Formula 1 F1 – Russian Grand Prix – Sochi Autodrom, Sochi, Russia – September 26, 2021 McLaren’s Lando Norris during the REUTERS / Anton Vaganov race
MSP signed a contract with McLaren in late 2020 and provided a cash injection of around 200 million euros that seemed to have ruined even the minimal chances of Audi taking over the role of McLaren in Formula 1. He also recognized the team’s optimism about the future regarding the upcoming regulatory changes.
“We are financially well positioned,” he said. “Our sales are growing rapidly. I think we have more commercial partners than any other Formula 1 team has announced. MSP has given us the financial resources we need to be profitable. “
View story: Biggest crashes from 2020 with Leclerc, Vettel & Grosjean
Brown admits McLaren’s growing fame
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Brown confirmed that McLaren is returning to the spotlight thanks to their recent performance upgrade in Formula 1.
“They were a very stabilizing factor; Both from a tax and an emotional point of view, within the racing team. You’re great partners, you’re a sports investor and want to win. They understand the sport because Formula 1 is a unique business. We couldn’t be happier after a year, ”he said.
Formula 1 F1 – Portuguese Grand Prix – Algarve International Circuit – Portimao, Portugal – April 30, 2021 McLaren CEO Zak Brown speaks in the FIA / Handout press conference about REUTER’S ATTENTION EDITORS – THIS PICTURE IS PROVIDED BY A THIRD PARTY. NO RESELLINGS. NO ARCHIVES
All in all, kin-up McLaren fans! You won’t be going anywhere until at least 2025, which will usher in a new engine era in Formula 1. So can papaya bring a prosperous end to the next few years? Well, we’ll know in time.
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