FirstSportz
  • Boxing
  • Cricket
  • eSports
  • F1
  • Football
  • Golf
  • MLB
  • MMA
  • NASCAR
  • NBA
  • NFL
  • NHL
  • Tennis
  • WWE
No Result
View All Result
  • Boxing
  • Cricket
  • eSports
  • F1
  • Football
  • Golf
  • MLB
  • MMA
  • NASCAR
  • NBA
  • NFL
  • NHL
  • Tennis
  • WWE
No Result
View All Result
FirstSportz
No Result
View All Result
Home Formula 1

“Any conversations around buying McLaren is a non-starter” : Zak Brown

by FS Desk
May 8, 2022 / 02:07 GMT
McLaren's CEO, Zak Brown

McLaren's CEO, Zak Brown

follow icon Follow
Share

McLaren’s name has been with Formula 1 since 1966. But with the Covid-19 hitting all teams to their financial roots, McLaren was on the edge of bankruptcy. They were eventually saved by MSP Sports Capital getting an investment of 185 million Dollars.

However, the Volkswagen group decided to enter the Formula 1 game by 2026 with Audi and Porsche. Both the teams got connected to present constructors Mclaren and Redbull, with the talks of Porsche providing engines to Redbull.

Also Read: “They might be the surprise,” Charles Leclerc counting on Mercedes to join the championship battle

On the other hand, Audi wanted to get hold of maximum shares in McLaren and change its name to Audi making itself a constructor itself. After a few weeks of a declaration by Volkswagen, Zak Brown didn’t hold back his views and completed rejected Audi’s offer, saying if the conversation is about buying McLaren there is no conversation “but any conversations around buying McLaren is a non-starter.”

Zak Brown also talks about Shareholder’s feelings on this

Zak Browns Mclaren invester MSP Sport Capital
MSP Sports Capital invested 185 million Dollars.

CEO didn’t hesitate to share the thoughts Mclaren’s shareholders had about the Audi wanting to take over the company “No. Our shareholders are very committed to McLaren. We did have conversations with Audi, and we’re not for sale.”

Taking the future also into consideration he and the investors are very confident about taking the lead on the Grid. As the team has sufficient investments to do so bringing sufficient resources, also the morale of the team is high they believe it won’t take much time to get back to the front.

Also Read: “Why the hell there are issues every fuc**ng second week,” Red Bull and Verstappen fans fearful about another disaster in Miami 

“We’re very committed to our future. We’re doing really well on the track. Shareholders made substantial investments to give our team the resources we need to get back to the front. Commercially, we’re doing really well, and morale in the team is really good. We don’t have any interest in selling the racing team,” he added.

Also entrusting the team principal, Andreas Seidl, Zak mentions the engine Mclaren would get if they get it changed in the near future, and Seild will be the one to decide that “It’s up to [Team Principal] Andreas [Seidl] to decide what power unit he wants in the back of the racing car” ultimate rejecting Audi had to offer. “We won’t consider a buyer of McLaren,” in conversation with RacingNews365.com.

Also Read: Misjudged that like it was an apex,’ Carlos Sainz mercilessly trolled after banging his head against the ‘barrier’

Tags: McLarenZak Brown
FS Desk

FS Desk

Also Read

Lewis Hamilton ahead of the Japanese GP weekend.

Lewis Hamilton admits he ‘lacks confidence’ in the Mercedes W14

by Armaan Agarwal
2 hours ago

Lewis Hamilton has failed to win a race since 2021 with Mercedes failing to give him a car capable of...

Lewis Hamilton during the Japanese GP Free Practice on Friday.

Mercedes reveals the reason for Lewis Hamilton’s struggles in Qualifying

by Armaan Agarwal
2 hours ago

Lewis Hamilton is one of the finest drivers to have ever raced in Formula 1. Yet, the seven-time world champion...

Sebastian Vettel walking in front of Pierre Gasly and Charles Leclerc.

Sebastian Vettel admits it is ‘hard to watch’ F1 cars from the sidelines after his retirement

by Armaan Agarwal
2 hours ago

Sebastian Vettel has won four Drivers' Championships during his prime. Unfortunately, Vettel decided to retire from the sport at the...

Lewis Hamilton (image via IMAGO)

Lewis Hamilton rules out any chances of a Mercedes victory at the Japanese GP

by Armaan Agarwal
3 hours ago

The Mercedes F1 team has shown decent progress over the course of the 2023 season. The Silver Arrows started on...

Max Verstappen and Sergio Perez

FIA acknowledges mistake, admits Max Verstappen warranted penalty for impeding at Singapore GP

by Rohit Bhaskar
5 hours ago

The FIA has confessed to a error in judgment during the Singapore GP. Max Verstappen, found himself embroiled in controversy...

Max Verstappen and Lando Norris (Via IMAGO)

Lando Norris invites Red Bull’s Max Verstappen to McLaren

by Rohit Bhaskar
7 hours ago

Despite his teammate, Oscar Piastri, securing a contract extension with McLaren, Lando Norris extended an intriguing offer to the reigning...

"If S1mple goes to Valorant, he cannot compete," Shroud claims Counter-Strike 2 is much easier than Valorant; sparks debate 

“If S1mple goes to Valorant, he cannot compete,” Shroud claims Counter-Strike 2 is much easier than Valorant; sparks debate 

by Mukul Dutt
10 mins ago

How to Get Gold Cards/Stickers in Monopoly Go?

How to Get Gold Cards/Stickers in Monopoly Go?

by Mukul Dutt
50 mins ago

Caroline Dolehide and Sofia Kenin

Guadalajara Open Akron 2023: Caroline Dolehide vs Sofia Kenin Live Stream, Match Timings, Prediction, and Preview

by Soumyadeep Mondal
53 mins ago

AEW President Tony Khan

AEW secretly planning to follow in WWE’s footsteps, with a major decision being internally discussed

by Anugrah Tyagi
1 hour ago

FirstSportz-Logo-Light
FirstSportz is the First Stop for all sports fanatics. Starting in 2019, we initially covered Olympic Sports, but in 2021 we added every other sport which you might be looking for, like NFL, Golf, MLB, WWE Cricket, Football, Tennis, Esports, NBA, MMA and more.
DMCA.com Protection Status
  • About Us
  • Advertise at FirstSportz
  • Contact Us
  • Correction Policy
  • DMCA/Copyrights Disclaimer
  • Editorial Team
  • Ethics Policy
  • Fact Checking Policy
  • GDPR Compliance
  • Join Us
  • Ownership and Funding Information
  • Privacy Policy

© 2023 by Firstsportz

No Result
View All Result
  • Boxing
  • Cricket
  • eSports
    • Free Fire
  • F1
  • Football
  • Golf
  • MLB
  • MMA
  • NASCAR
  • NBA
  • NFL
  • NHL
  • Tennis
  • WWE
  • Info
    • About Us
    • Editorial Team old
    • Contact Us

© 2023 by Firstsportz