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Electric racing efforts helping Mclaren in F1
McLaren is able to make better investments into facilities that will benefit its Formula 1 team as a result of its entry into electric racing series. McLaren will take over the existing Mercedes Formula E entry for the series' third generation ruleset, to go alongside its existing team that competes in Extreme E. The have now been collectively branded as Neom McLaren Electric Racing after a partnership with the Saudi Arabian region, and McLaren Racing CEO Zak Brown says it allows the team to get a better return on investments that can impact the F1 team. “With some of the limitations you have on equipment and cap ex (capital expenditure) it’s hard to justify some items where it’s...
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