Menu
Franchises

McLaren Formula 1 Team Reportedly Close To Engine Deal With Mercedes

Formula 1 team McLaren is edging toward a deal with Lewis Hamilton's Mercedes to supply its engines next season -- a partnership McLaren hopes will "keep Fernando Alonso" at the team, according to Jonathan McEvoy of the London DAILY MAIL. McLaren will reportedly drop current engine partner Honda after "patience with the Japanese manufacturers' uncompetitive and unreliable engines finally ran out" -- a separation that will cost McLaren £78M ($99.5M). McLaren's long-standing shareholder Mansour Ojjeh "talked at length in the paddock" ahead of Sunday's Canadian Grand Prix to Mercedes non-exec Chair Niki Lauda and Motorsport Dir Toto Wolff about the "new arrangement." Those close to the expected deal said that there "are obstacles to overcome -- such as Mercedes' wisdom in supplying their market-leading engines, which took Hamilton and Nico Rosberg to three successive world titles, to a potential championship rival" -- but they are "far from insurmountable." News of the deal "is expected before the summer break in August," though the engines would be supplied next year "rather than for the end of this season." McLaren's frustration with Honda "was exacerbated by Alonso's engine failure while he was in a point-scoring position" toward the end of the race in Montreal (DAILY MAIL, 6/12). F1I.com's Andrew Lewin reported Mercedes is "remaining tight-lipped" over a reported engine deal. Wolff: "At the moment, I do not want to participate in these rumors and discussions" (F1I.com, 6/13).

SBJ Morning Buzzcast: May 16, 2024

The NFL's big draws; Jones gets his own 10-part docu-series; Netflix's eye-opening NFL deal and the PGA set for big business weekend

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2017/06/14/Franchises/McLaren-Honda.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2017/06/14/Franchises/McLaren-Honda.aspx

CLOSE