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Search resuls for: "Zak Brown"


6 mentions found


McLaren a potential customer for Red Bull, says Horner
  + stars: | 2023-03-03 | by ( Alan Baldwin | ) www.reuters.com   time to read: +2 min
MANAMA, March 3 (Reuters) - McLaren boss Zak Brown visited Red Bull's factory to discuss a potential Formula One power unit supply when the engine rules change in 2026, Red Bull Racing principal Christian Horner said on Friday. They have also been linked to a return to their former suppliers Honda, who have a partnership deal with Red Bull until 2026. Horner told reporters at the season-opening Bahrain Grand Prix that Brown had been a visitor to Red Bull Powertrains in Milton Keynes. News of Brown's visit raised some eyebrows given apparently strained relations between the American and Horner last year when Red Bull were found to have breached a budget cap. Without naming Red Bull directly, Brown spoke at the time of excessive spending being effectively cheating.
F1 team bosses have their own light-bulb moment
  + stars: | 2023-02-26 | by ( Alan Baldwin | ) www.reuters.com   time to read: +4 min
LONDON, Feb 26 (Reuters) - The late McLaren boss Teddy Mayer liked to compare Formula One drivers to interchangeable light-bulbs, declaring "you plug them in and they do the job", and nowadays the same might be said for team principals. The Frenchman is on his third different team, after stints at Sauber and Renault. "It shows also that the role of the team principal is maybe sometimes also a bit over-rated because if you can change it so quickly and there is no big impact, it tells also something. Sauber, with Swedish billionaire Finn Rausing as chairman of the board, will become the Audi works team from 2026. "But other than that we must not forget that F1 teams have developed into big organisations where the owners are not any more the team principals... some have engineers as team principals, some have more an old-fashioned rule."
"I don't know about money-making machine but we are now a profitable Formula One team," he said. "(We are) very fortunate that we brought in new shareholders that enabled us to do things like the wind tunnel and the simulator. Brown became chief executive of McLaren Racing in 2018 as part of a major restructuring of the second most successful team in the sport in terms of wins. McLaren Racing are part of the McLaren Group, which includes the supercar manufacturer and is majority-owned by Bahrain's sovereign wealth fund Mumtalakat. The papaya orange and blue car has been designated the MCL60, a break from previous naming convention, to mark the anniversary of the founding of McLaren Racing by New Zealander Bruce McLaren in 1963.
Larson to attempt Indy 500 and NASCAR 600 double in 2024
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +2 min
Jan 12 (Reuters) - Kyle Larson will attempt the Indianapolis 500 and NASCAR Coca-Cola 600 double next year after announcing on Thursday he would join Arrow McLaren Racing for a one-off run at the famed Brickyard. Larson, the 2021 NASCAR Cup Series champion, will become the first driver to attempt the double since Kurt Busch raced in both events in 2014. Only four drivers have attempted the double of racing in Indy 500 in Indianapolis and flying to Charlotte, North Carolina to jump in a car and run the Coca-Cola 600 later that same day. While Rick Hendrick's stock car teams have won a record 291 Cup Series races, the Indy 500 will mark Hendrick Motorsports first IndyCar series event. McLaren have routinely added notable names to their driver lineup for the Indy 500, including twice Formula One world champion Fernando Alonso.
Why McLaren Racing's CEO banned 'ASAP' from his vocabulary
  + stars: | 2022-12-16 | by ( ) www.cnbc.com   time to read: 1 min
Failing to do so can lead to miscommunication, says McLaren Racing CEO Zak Brown. "I live by briefs and sometimes get multiple briefs," Brown told CNBC's Make It. "If they aren't dated, you end up looking at two documents and you're not sure which one's the current ones." "Never use the term ASAP – that leads to miscommunication. There is no such thing as ASAP," Brown said.
And he will also oversee a wealth management business that is now going to include portions of the consumer business, but wrapped in a wealth management offering. Both, according to Bloomberg's reporting, are being demoted to senior positions within Nachmann's asset and wealth management division. Stephanie CohenAnother executive thought by insiders to have lost some of her territory is Stephanie Cohen, the co-head of the consumer and wealth management division. Had Cohen been able to successfully helm the consumer and wealth management division alongside Tucker York, the currently discussed changes wouldn't have been needed, the people said. Cohen's co-head, York, will now return to his prior role of running the bank's successful private wealth management business.
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