{"id":351654,"date":"2025-12-16T12:14:10","date_gmt":"2025-12-16T12:14:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/351654\/"},"modified":"2025-12-16T12:14:10","modified_gmt":"2025-12-16T12:14:10","slug":"mclaren-needed-to-hit-rock-bottom-to-start-its-climb-back-to-f1s-peak","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/351654\/","title":{"rendered":"McLaren needed to hit rock bottom to start its climb back to F1&#8217;s peak"},"content":{"rendered":"<p>Twenty-seven years after clinching its last championship double in 1998, <a href=\"https:\/\/www.autosport.com\/team\/mclaren\/36473\/\" target=\"_blank\" rel=\"noopener nofollow\">McLaren<\/a> enters Formula 1&#8217;s winter hinterland with both the constructors&#8217; and drivers&#8217; championships in its custody.<\/p>\n<p>That the team managed to scale such a precipitous climb, given the nadir in which it wallowed during the mid-2010s, is an immense feat &#8211; made more immense by its near-crippling financial difficulties around five years ago. A loan, believed to be around \u00a3150m, from the National Bank of Bahrain helped to curb the losses in the short term; later that year, US-based investment group MSP Capital purchased a 33% stake in the team for \u00a3185 million &#8211; valuing the team at just over \u00a3550 million at the close of 2020.<\/p>\n<p>            We want to hear from you!<\/p>\n<p class=\"mt-auto\">Let us know what you would like to see from us in the future.<\/p>\n<p>            <a href=\"#\" class=\"ms-link text-link font-bold\">Take our survey<\/a><\/p>\n<p class=\"mt-1 text-body\">&#8211; The Autosport.com Team<\/p>\n","protected":false},"excerpt":{"rendered":"Twenty-seven years after clinching its last championship double in 1998, McLaren enters Formula 1&#8217;s winter hinterland with both&hellip;\n","protected":false},"author":2,"featured_media":351655,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[573],"tags":[64,63,817,813,816,913,193369,85],"class_list":["post-351654","post","type-post","status-publish","format-standard","has-post-thumbnail","category-formula-1","tag-au","tag-australia","tag-f1","tag-formula-1","tag-formula1","tag-mclaren","tag-mclaren-needed-to-hit-rock-bottom-to-start-its-climb-back-to-f1s-peak","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/351654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=351654"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/351654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/351655"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=351654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=351654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=351654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}