P1racenews AI automatic summary:
McLaren boss lands staggering £11million pay rise after F1 title triumph
McLaren CEO Zak Brown received an impressive £11 million pay raise following the team’s constructors’ championship win last year, becoming one of the top earners in Formula 1. His earnings for 2024 reached £37.25 million, up significantly from £26.38 million in 2023. Only Max Verstappen and Lewis Hamilton are believed to have made more than Brown in F1. McLaren’s annual accounts highlighted their success in various racing series besides F1. The team’s revenues rose from £431,082 to £530,314, with an operating profit of £57,601 and a net profit of £237,417, reflecting increased commercial activity and on-track performance. The statement praised the team’s hard work, partnership, and progress, culminating in the constructors’ championship win after 26 years.
