McLaren record surprising financial loss despite record £588 million turnover

The McLaren Formula 1 team reported an after-tax financial loss of £17.3 million GBP in 2025 despite securing both championship titles and generating a record turnover of £588.483 million GBP. Turnover increased by nearly £100 million GBP due to commercial sponsorships and prize money earned from defending its constructors' championship crown.

The deficit followed a sharp rise in cost of sales to £534.332 million GBP, higher operating expenses, and the repayment of loans stemming from COVID-era investments. Additionally, company filings revealed McLaren Racing CEO Zak Brown received £8.215 million in base salary alongside £73.682 million from long-term incentive schemes.