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McLaren may mortgage its race car collection and headquarters
McLaren Automotive is facing major challenges as it weathers the economic consequences of this global pandemic, but the McLaren Racing Formula 1 team seems to be in even bigger trouble. The F1 team’s struggles could push the whole McLaren Group to make some dire decisions to keep business afloat; as Sky Newsreported last, British ministers have already rejected a request from McLaren for a £150 million ($182M) government loan. What’s next for McLaren could get ugly, especially if you’re fond of the brand’s heritage race cars.