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SBD Global/September 25, 2017/Finance

McLaren F1 Team Records £6M Loss Due To Drop In Sponsorship Income, Prize Money

McLaren Formula 1 "crashed into the red," with the F1 owner "paying the price for its troubles in the pit lane," according to Simon Duke of the SUNDAY TIMES. A drop in sponsorship income and prize money led to the U.K.-based company turning in a £6M loss last year, against a £4...

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