Particle.news

Download on the App Store

McLaren Formula E Team to Fold After Sale Efforts Fail

Licence for the grid slot returns to Formula E Operations in late July, triggering talks over break-of-contract fees to the series promoter alongside key suppliers.

Image
Image
Image

Overview

  • The NEOM McLaren Formula E Team will shut down when the season ends after no buyer emerged from its sale process.
  • Its grid slot licence returns to the promoter Formula E Operations after the London E-Prix in late July.
  • The exit leaves the championship with 20 cars for the first time since the 2017–18 season.
  • Rookie Taylor Barnard has secured a multi-year deal with DS Penske, while Sam Bird and other staff explore new options.
  • McLaren is in negotiations over break-of-contract payments to the series promoter and its powertrain and battery suppliers.