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Forbes Daily Briefing

How McLaren Staved Off Financial Ruin And Revved Its F1 Business Into High Gear

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 29 November 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

On the brink of insolvency five years ago, the team is now dominating on the Formula 1 track—and, under the leadership of CEO Zak Brown, building up its sponsorships to rival Ferrari and Mercedes.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing for Saturday, November 29th. Today on Forbes, how McLaren

0:08.0

staved off financial ruin and revved its F-1 business into high gear. When McLaren drivers

0:15.4

Lando Norris and Oscar Piaustri crossed the finish line in third and fourth place at the Singapore Grand Prix in October,

0:23.0

the chase for Formula One's Constructors' Championship was over.

0:27.2

For the second consecutive season, McLaren had claimed the sport's ultimate prize,

0:31.5

and that left Zach Brown with a pivotal decision to make, how to properly celebrate.

0:37.9

For Brown, the 54-year-old McLaren Racing CEO, though, there wasn't much question how to surround

0:43.8

himself. He says, quote, with your racing team, and not just the racing team at the circuit,

0:49.9

but the entire racing team, which is made up of 1,400 people at McLaren.

0:56.2

Brown knows all too well that the latest McLaren dynasty was preceded by a painful 26-year

1:01.7

title drought. He adds, quote, so pretty exciting times. After coming up short with a stunning

1:09.1

double disqualification in Las Vegas last weekend,

1:12.3

there are two Grand Prix races still remaining in the F-1 season,

1:16.2

this weekend in Qatar, followed by Abu Dhabi next week.

1:20.4

McLaren still hopes to collect more hardware.

1:23.5

Norris has been in pole position to capture the driver's championship,

1:27.1

a feat no one has managed

1:28.6

in a McLaren since Lewis Hamilton did so in 2008. His closest competition in the standings

1:34.4

is his teammate, Piostri, 24 points back. Just as impressive as any trophy, however, is what

1:42.0

McLaren has accomplished off the track. In 2019, Forbes valued the team

1:47.3

at $620 million on $165 million in revenue the preceding year. While only three teams were worth

1:55.4

more, McLaren was by far the least profitable outfit in the sport, with an astonishing $137 million operating

...

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