F1 to rival NBA and NFL teams valuations, predicts Aston Martin chief Sport Business Formula 1 teams are on course to rival top US sports franchises as the most expensive in the world following a boom in valuations, says Aston Martin F1’s commercial chief Jefferson Slack. This month’s sale of a minority stake in Mercedes F1 valued the team at $6bn (£4.6bn), while McLaren were valued at around $5bn [...]
Lando Norris’ side hustle back in the black Business Quadrant, the entertainment and gaming brand founded by McLaren F1 star Lando Norris, returned to the black before being sold, it has been revealed. The London-based business has reported a total equity of £152,365 for 2024, new accounts filed with Companies House show. It comes after it posted negative equity of £405,221 for 2023. The [...]
McLaren F1 team set for £3bn valuation after stake sale Sport Business McLaren F1 is set for a £3bn valuation after two shareholders buy out the minority stakes they don’t already own. The sovereign wealth fund of Bahrain, Mumtalakat, and UAE-based investment group CYVN Holdings are set to buy out the 30 per cent holding in McLaren Racing that is not currently theirs, according to Sky News’ [...]
Revolut leads $500m fintech push into Formula 1 August 12, 2025 Revolut, Airwallex and OKX are among global fintech giants turning to Formula 1 in a major advertising push. Fintech firms piled over $500m (£370m) into F1 sponsorship deals for the 2025 season in a bid to ramp up their promotions. It comes as the average value of an F1 sponsorship deal climbed to over $6m [...]
Lando Norris sells side hustle to Adrian Newey-backed group July 11, 2025 McLaren F1 star Lando Norris has sold a majority stake in Quadrant, the entertainment and gaming brand he founded, to a company backed by Adrian Newey. London-based Veloce Media Group has agreed a deal which will see Norris remain the second-largest shareholder in Quadrant with a stake of more than 20 per cent. Quadrant was [...]
Why McLaren vs Indianapolis 500 winner Alex Palou trumps Man City vs Premier League December 24, 2024 All eyes may be on the ongoing dispute between the Premier League and Manchester City, but is it McLaren Racing who in fact have the most interesting sports law case of 2025? It has gone under the radar on European shores but an ongoing dispute between the famous racing outfit and former driver Alex Palou [...]
McLaren winning Constructors’ Championship shifts tectonic plates of F1 December 10, 2024 At first glance Formula 1 might look like a billionaire boys’ club, where the cash reserves are endless and the supplies infinite. And to a large extent, that’s true. But the motorsport series has a budget cap now which was introduced to level the playing field, to allow challenger teams to take on the might [...]
Hamilton rolls back the years on Mercedes farewell in Abu Dhabi December 8, 2024 Lewis Hamilton was delighted to finish on a high after he defied starting from the back end of the grid to pip teammate George Russell to fourth place in his final race for Mercedes. Lando Norris won the season-ending Abu Dhabi Grand Prix to ensure McLaren held off Ferrari and won their first Formula 1 [...]
Champ Verstappen wins in Qatar as Hamilton endures more misery December 1, 2024 Max Verstappen followed up securing his fourth world championship by winning a chaotic Qatar Grand Prix as Lewis Hamilton suffered another miserable race on Sunday. In his penultimate Mercedes appearance, seven-time world champion Hamilton was penalised twice by the stewards and said his car was “broken” as he finished down in 12th spot in a [...]
‘A bit messy’: Verstappen proud to win fourth title despite Red Bull crisis November 24, 2024 Max Verstappen has hailed his fourth Formula 1 drivers’ championship as his most impressive yet after sealing the title with two races to spare in Las Vegas. The Dutchman had to overcome a crisis at Red Bull which saw team principal Christian Horner accused of inappropriate behaviour, design mastermind Adrian Newey leave and rivals McLaren [...]