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McLaren posted loss in 2016 as prize money dipped

In 2015 the team made a profit £5.2m on turnover of £188m. However, as prize money always reflects the performance of the previous season, the team’s ninth place in its first campaign with Honda contributed to turnover falling by £8m to £180m in 2016.The significance of the numbers is that the team made a loss even with free Honda engines and substantial financial support from the ... Keep reading

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