McLaren 'in good shape' despite no title sponsor

McLaren has confirmed it will not announce a replacement for departed title sponsor Vodafone

McLaren 'in good shape' despite no title sponsor

Jan.22 (GMM) McLaren has confirmed it will not announce a replacement for departed title sponsor Vodafone when the 2014 car is officially launched on Friday.

But after the final season of Vodafone's backing passed without a win or even a podium for the great British team, managing director Jonathan Neale insisted McLaren remains in good financial health for 2014.

"We're in good shape financially," he told GMM exclusively, "and we have a lot of fantastic partners -- Mobil 1, Santander, GSK, Johnnie Walker, Hilton, Hugo Boss, Tag Heuer and SAP and quite a few more."

Sergio Perez, McLaren MP4-28
Sergio Perez, McLaren MP4-28

Photo by: XPB Images

Neale pointed out that because McLaren is not a PLC, it does not have to "show a profit".

"Our shareholders, Ron Dennis, Tag and Mumtalakat, never take a dividend," said Neale. "No, they're motivated by the desire to see McLaren grow and grow again.

"So, yes, I can confirm that McLaren will have a bigger operational budget in 2014 than we've had in any previous year," he added.

However, McLaren is in a period of great change, and not just because Honda is arriving as the works engine partner in 2015.

McLaren supremo Dennis is also back in charge, amid speculation Martin Whitmarsh's days as team principal are over.

Claiming that Ross Brawn or Sam Michael could be set to take the reins, Speed Week reports that Whitmarsh will not be at the Jerez test next week.

And Britain's Daily Mail newspaper reports that Ciaron Pilbeam, once Mark Webber's race engineer at Red Bull, has been poached by McLaren from Lotus to be chief race engineer "in the wake of their disastrous 2013 campaign".

shares
comments
Rossi continues with Caterham as reserve driver and full season in GP2
Previous article

Rossi continues with Caterham as reserve driver and full season in GP2

Next article

Hulkenberg hopes 2014 cars not too slow

Hulkenberg hopes 2014 cars not too slow
Load comments
The factors that could negate Red Bull's practice gap to Mercedes Prime

The factors that could negate Red Bull's practice gap to Mercedes

Mercedes led the way in practice for Formula 1’s first race in Jeddah, where Red Bull was off the pace on both single-lap and long runs. But, if Max Verstappen can reverse the results on Saturday, factors familiar in motorsport’s main electric single-seater category could be decisive in another close battle with Lewis Hamilton...

Why Norris doesn’t expect Mr Nice Guy praise for much longer Prime

Why Norris doesn’t expect Mr Nice Guy praise for much longer

Earning praise from rivals has been a welcome sign that Lando Norris is becoming established among Formula 1's elite. But the McLaren driver is confident that his team's upward curve can put him in the mix to contend for titles in the future, when he's hoping the compliments will be replaced by being deemed an equal adversary

Formula 1
Dec 2, 2021
What Ferrari still needs to improve to return to F1 title contention Prime

What Ferrari still needs to improve to return to F1 title contention

After a disastrous 2020 in which it slumped to sixth in the F1 constructors' standings, Ferrari has rebounded strongly and is on course to finish third - despite regulations that forced it to carryover much of its forgettable SF1000 machine. Yet while it can be pleased with its improvement, there are still steps it must make if 2022 is to yield a return to winning ways

Formula 1
Dec 2, 2021
How F1 teams and personnel react in pressurised situations Prime

How F1 teams and personnel react in pressurised situations

OPINION: The pressure is firmly on Red Bull and Mercedes as Formula 1 2021 embarks on its final double-header. How the respective teams deal with that will be a crucial factor in deciding the outcome of the drivers' and constructors' championships, as Motorsport.com's technical consultant and ex-McLaren F1 engineer Tim Wright explains.

Formula 1
Dec 1, 2021
How getting sacked from Benetton made Mercedes' Allison Prime

How getting sacked from Benetton made Mercedes' Allison

He’s had a hand in world championship-winning Formula 1 cars for Benetton, Renault and Mercedes, and was also a cog in the Schumacher-Ferrari axis. Having recently ‘moved upstairs’ as Mercedes chief technical officer, James Allison tells Stuart Codling about his career path and why being axed by Benetton was one of the best things that ever happened to him.

Formula 1
Nov 28, 2021
The remarkable qualities that propelled Kubica’s F1 comeback Prime

The remarkable qualities that propelled Kubica’s F1 comeback

It’s easy to look at Robert Kubica’s second Formula 1 career and feel a sense of sadness that he didn’t reach the heights for which he seemed destined. But as Ben Anderson discovered, performance and results are almost meaningless in this context – something more fundamental and incredible happened…

Formula 1
Nov 27, 2021
The humbling changes Ricciardo made to deliver for McLaren Prime

The humbling changes Ricciardo made to deliver for McLaren

From being lapped by his own teammate in Monaco to winning at Monza, it’s been a tumultuous first season at McLaren for Daniel Ricciardo. But, as he tells STUART CODLING, there’s more to the story of his turnaround than having a lovely summer holiday during Formula 1's summer break...

Formula 1
Nov 26, 2021
The potential benefits of losing the F1 constructors' title Prime

The potential benefits of losing the F1 constructors' title

As the battle continues to rage over the F1 2021 drivers' championship, teams up and down the grid are turning their attentions to the prize money attributed to each position in the constructors' standings. But F1's sliding scale rules governing wind tunnel and CFD use will soften the blow for those who miss out on the top places

Formula 1
Nov 25, 2021