P1racenews AI automatic summary:
Zak Brown’s £37MILLION McLaren ‘reward’ revealed
McLaren Racing CEO Zak Brown reportedly earned over £37 million in 2024 after the F1 team’s success in the constructors’ championship, surpassing Ferrari by 11 points. This victory, the team’s first since 2008 and first in the teams’ standings since 1998, was clinched with six rounds remaining in the year. McLaren’s 2024 accounts revealed a total revenue of £530 million and a pre-tax profit of £37.5 million, with the highest-paid director, confirmed to be Brown, receiving £37.3 million. Under Brown’s leadership since 2016, McLaren has progressed significantly, leading to their entry into the World Endurance Championship in 2027 following their Formula E finale in 2024.
McLaren’s F1 resurgence under Brown saw a low point in 2017 when they finished second from the bottom, culminating in their 2023-24 season where they secured the constructors’ championship with seven one-two finishes. This extraordinary leap in performance followed several years of development, marked by their first podium in 2019 and regular podium finishes by end of 2023. Looking ahead to 2025, McLaren aims to achieve their first world championship double since 1998, with Lando Norris and Oscar Piastri leading the charge on the track. Their competitive edge in both F1 and IndyCar showcases their commitment to excellence in motorsport, propelling them to the forefront of racing success.
