McLaren to buy back Mercedes holding

Mercedes-Benz parent company Daimler AG will have stakes in two Formula 1 teams next season, with a majority shareholding in Brawn GP coming into effect while its 40% stake in McLaren Racing is set to be bought out by the McLaren Group over the coming year...  

Santander extends partnership with McLaren-Mercedes

Monday 14th September, Woking, UK: The Vodafone McLaren Mercedes Formula 1 team is delighted to announce an extension to its Corporate Partnership with Santander, with the high-profile Santander branding present on all four Vodafone McLaren Mercedes drivers.

McLaren unveils new supercar

The MP4-12C is a high-performance, two-seat, mid-engined model in the sports car market segment for cars costing between £125,000 and £175,000 ($225,000 to $310,000). The 12C is pure McLaren, featuring no carryover parts from any other car, and it will be produced in Britain. It goes on sale in early 2011.“I

McLaren unveils new supercar

The MP4-12C is a high-performance, two-seat, mid-engined model in the sports car market segment for cars costing between £125,000 and £175,000 ($225,000 to $310,000). The 12C is pure McLaren, featuring no carryover parts from any other car, and it will be produced in Britain. It goes on sale in early 2011.“I

Jenson Button visits McLaren HQ

• World champion given a guided tour round McLaren HQ• Button would share equal billing with 2008 world championMcLaren have teed up Jenson Button to partner Lewis Hamilton in their 2010 Formula One line-up and the world champion could be close to turning his back on the Brawn team for whom he won this year's title. Button and his manager, Richard Goddard, today visited the McLaren headquarters at Woking, where they were given an escorted tour of the facilities by Martin Whitmarsh, the team principal. A contract could be signed as early as next week if terms can be finalised, creating the first team with two world champions competing alongside each other since Ayrton Senna and Alain Prost were team-mates at McLaren in 1989."As I've said many times before, Jenson wants to drive a car which is capable of winning the next world championship," said Goddard. "We've been talking about possible terms for 2010 with Brawn for months and we're not being difficult or unreasonably expensive in our demands for Jenson. In fact we've given up quite a lot of negotiating ground in our discussions with them."McLaren have made Kimi Raikkonen their second choice if the Button approach fails, with Nick Heidfeld third favourite.Goddard made it clear that Button was not aiming for the £10m annual fee that drivers such as Hamilton and Fernando Alonso have under the terms of their existing agreements. But it is clear he wants more than the bargain-rate, reputed £4m deal he agreed with the emergent Brawn team before the start of last season to stay on the Formula One grid in a year when he was almost left kicking his heels in the pits with nothing to drive."I think it's also important that Jenson wants to feel valued in whatever situation he finds himself next season," Goddard added. "He needs to explore all the feasible options." A McLaren spokesman said: "Having just arrived at Heathrow, Jenson made a small detour to Woking to say hello."It is understood that Button has moved to the top of McLaren's wish-list over the past couple of months, with Whitmarsh and his fellow directors impressed by his tenacity in regaining his form to round off the season with two outstanding drives in the Brazilian and Abu Dhabi grands prix.However, Niki Lauda, who won the last of his three world championships with McLaren in 1984, and was paired there with Prost for two years, believes that Button would be best served in the long run by continuing to negotiate with Brawn. "One of the problems faced by drivers today is that there is generally less money around in the business than there was," he said. "So if I was Jenson, I would try to stay with Brawn even if Ross might pay him slightly less than McLaren. Of course, if McLaren are going to pay a lot more, then he must go."But the other thing he must consider is that it is Lewis's team and he needs to be sure he has the confidence to deal with this. It is a tough decision for Jenson and he needs to think it through carefully."McLaren also played host to Raikkonen on Wednesday when the 2007 world champion visited their base with his managers, David and Steve Robertson. The Robertsons – father and son – have an impressive reputation as negotiators, having not only secured Raikkonen an income of around £27m from Ferrari in 2008 but also cleverly inserted a clause in his contract whereby Ferrari were obliged to exercise their option to keep him in 2010 if he scored a certain number of championship points by the middle of 2008.That led to the current situation whereby Ferrari have chosen to pay off Raikkonen's contract for a figure believed to be between £15 and £17m to make room for Alonso. Raikkonen previously drove for McLaren from 2002-06.If Button should eventually join McLaren he would do so on equal footing to Hamilton as the team have always given absolute parity of equipment to their drivers and both would be permitted to race unfettered for grand prix wins and the world championship.Heidfeld, who was a McLaren test driver in the late 1990s, and the incumbent Heikki Kovalainen are also under consideration as potential candidates for the seat alongside Hamilton, although very much as outsiders.Formula OneJenson ButtonMcLarenBrawnAlan Henryguardian.co.uk © Guardian News & Media Limited 2009 | Use of this content is subject to our Terms & Conditions | More Feeds

Mercedes exit is good for McLaren insists Dennis

Mercedes' decision to buy Formula One champions Brawn and sell their stake in McLaren is good for all those involved, according to McLaren co-owner and former team head Ron Dennis.