• Loading stock data...
Friday, June 27, 2025
Front Office Sports Launches Front Office Sports Studios Learn More

McLaren Speeding Toward Profitability

  • McLaren Racing is building a $25 million facility in Indiana focused on IndyCar.
  • It is on pace to become profitable soon.
McLaren-Racing
Arrow McLaren

On pace toward profitability, McLaren Racing is making major investments in IndyCar.

Prior to Sunday’s Indianapolis 500, the company announced it will build a $25 million IndyCar facility in Indiana. The 97,000-square-foot facility will become operational over the next two years. 

  • McLaren reentered IndyCar in 2020 after a 40-year absence.
  • The brand will have three entrants in the IndyCar series next year.

“We want to have a bigger North American platform than our competitors in Formula 1,” McLaren Racing CEO Zak Brown told Front Office Sports.

Profitable Pace

While McLaren Racing currently operates at a loss, Brown sees that changing soon.

“Now that Liberty [Media] is putting a cost cap in place [on Formula 1], we see profitability is right around the corner.”

F1 parent Liberty Media introduced a spending limit of $145 million for each team last year, which dropped to $140 million this year and will be $135 million in 2023.

“Without a cost cap in place, the sport was about who could afford to lose the most,” said Brown, adding that many car companies saw racing expenses “as great advertising dollars.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mar 30, 2025; Austin, TX, USA; The team of Alex Marquez (73) of Spain and BK8 Gresini Racing MotoGP celebrate as he comes in second place in the 2025 Grand Prix of the Americas at Circuit of The Americas.

European Watchdog Clears Liberty Media’s $5B MotoGP Buy

Liberty Media now owns both the motorcycle racing league and F1.

Verstappen Nears F1 Suspension After ‘Mario Kart’–Style Mayhem

The Red Bull driver received penalty points in Sunday’s race.

Indy 500 Fox Debut Draws 7.05M Viewers, Most-Watched Since 2008

Álex Palou won the Indy 500 for the first time.

Featured Today

Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.
Mar 15, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) dribbles the ball upcourt against the North Texas Mean Green during the first half at Dickies Arena
June 22, 2025

NIL Is Shrinking the Pool of NBA Draft Entrants

Agents are now advising many players to stay in school.
Apr 24, 2025; Green Bay, WI, USA; Penn State Nittany Lions defensive end Abdul Carter on the red carpet before the 2025 NFL Draft at Lambeau Field
June 21, 2025

‘More Is More’: The Elite Luxury Jewelers Decking Out Athletes

Meet the elite group of luxury designers crafting the biggest statement pieces.
Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.
June 15, 2025

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.

Bengals Strike 10-Year, $470M Stadium Deal to Stay in Cincinnati

The NFL franchise and Hamilton County have agreed to a new lease.
June 25, 2025

MLB’s Bold Bristol Plan: Inside the Renovation and Potential Records

Work accelerates to convert the massive motorsports venue for baseball.
June 26, 2025

Browns $2.4B Stadium Plan Now Relies on Ohioans’ Forgotten Money

Ohio’s Modell Law is revised, while stadium funding faces new challenges.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
June 24, 2025

Diamondbacks Score Up to $500M for Chase Field Renovation

Concerns about another potential team relocation in Arizona influence the vote.
June 23, 2025

A’s Launch $1.75B Ballpark Build With Funding Puzzle Still Unsolved

Ground is broken in Las Vegas, but funding issues, Sacramento woes persist.
June 23, 2025

World Cup, NFL Draft, New Stadiums in PA … and No State..

Growing sports-related needs conflict with budget worries in the commonwealth.
Fenway Park
June 18, 2025

Fenway Park Concession Workers Poised to Strike 

The unionized workers overwhelmingly voted to authorize a strike.