McLaren: who owns it, who runs it and what the accounts show
McLaren Racing Limited's person with significant control on the Companies House register is Mclaren Group Limited. In the year to December 2025 McLaren Racing Limited reported turnover of £588m.
From 2025 McLaren Racing Limited files accounts for the company on its own, which covers the Formula 1 team only. Until 2024 its accounts were for the whole group, including the electric racing and IndyCar teams, so the year-before figures here are the F1 team's, as restated in the 2025 accounts.
- In the year to December 2025, McLaren had turnover of £588m, up 20.5% on the year before.
- It made a pre-tax loss of £44m, losing £7.45 of every £100 of sales.
- It employed an average of 1,246 people, with staff costs of £286m.
- McLaren Racing Limited is controlled by Mclaren Group Limited, according to the Companies House register.
- These figures are from McLaren Racing Limited's accounts for the year to December 2025, filed at Companies House on 30 September 2026.
- Registered name
- MCLAREN RACING LIMITED
- Company number
- 01517478
- Status
- Active
- Incorporated
- 16 September 1980
- Registered office area
- Guildford
- Industry code on the register
- 29100: Manufacture of motor vehicles, trailers and semi-trailers
- Accounts
- Single company accounts, this company only
- Accounts type
- Full accounts
- Latest accounts
- Year to December 2025, filed 30 September 2026
What does McLaren do?
McLaren Racing runs the McLaren Formula 1 team, as well as McLaren's teams in IndyCar, endurance racing and esports. It designs, builds and races its own Formula 1 cars from its base in Woking, Surrey. Its income comes mainly from sponsorship and partnerships, Formula 1 prize money and fan products such as its paid membership club. It is separate from McLaren's road car business, McLaren Automotive, which was sold to a different owner in April 2025.
In brief: motor racing team · Formula 1, IndyCar and endurance · sponsorship and prize money · based in Woking
Source: Spark Intel editorial, checked 24 September 2026. Official website: mclaren.com.
Who owns McLaren?
The Companies House register records Mclaren Group Limited as the person with significant control of McLaren Racing Limited, company number 01517478. Mclaren Group Limited is itself company number 10720174.
That places McLaren Racing Limited inside a larger group. The accounts on this page are the company's own, not the wider group's.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs McLaren?
The Companies House register lists 12 current officers for McLaren Racing Limited.
All 12 current officers
| Officer | Appointed |
|---|---|
| Timothy Nicholas Murnane | 1 September 2004 |
| Zakary Challen Brown | 25 July 2018 |
| Paul Steven Walsh | 17 December 2020 |
| Cromwell Lloyd William Griffiths | 22 December 2020 |
| Omar Ali Syed | 31 May 2023 |
| Hashem Al Dabbas | 2 April 2025 |
| Nicholas Paul Collins | 2 April 2025 |
| Noor Yusuf Sharafi | 28 October 2025 |
| Eddy Georges Skaf | 28 October 2025 |
| Samer Salah Abdel Haq | 28 October 2025 |
| Shaikh Mohamed Isa Mohamed Isa Al Khalifa | 28 October 2025 |
| Sultan Mansour Akram Ojjeh | 28 October 2025 |
Every current officer, with appointment dates, is on the Companies House register.
What did McLaren file?
McLaren Racing Limited reported turnover of £588m in the year to December 2025. That was up 20.5% on £488m the year before.
It reported 1,246 employees. The year before it reported 1,123.
It filed a pre-tax loss of £44m for the year, against a pre-tax profit of £34m the year before.
Staff costs came to £286m. That is an average of £229,000 a head. It ended the year with £140m at the bank and net assets of £46m.
| Measure | Dec 2025 | Dec 2024 |
|---|---|---|
| Turnover | £588m | £488m |
| Pre-tax profit | -£44m (filed) | £34m (filed) |
| Employees | 1,246 | 1,123 |
| Staff costs | £286m | £165m |
| Average staff cost per head | £229,000 | £147,000 |
| Bank and cash | £140m | £214m |
| Net assets | £46m | £60m |
| Interest paid | £17m | |
| Interest received | £15m | |
| Directors' pay | £111m |
Read the accounts to December 2025 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets
Are there any charges against McLaren?
McLaren Racing Limited has registered 16 charges at Companies House, and all of them have since been satisfied. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.
Each charge, with its holder and dates, is on the Companies House register.
How McLaren compares
Of the 7 F1 teams, McLaren is 2nd on turnover, 5th on profit margin and 5th on growth. Mercedes F1 keeps the most of every £100 of sales: £26.60.
| Rank | F1 teams | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | Mercedes F1 | £633m | £26.60 |
| 2nd | McLaren | £588m | −£7.45 |
| + 5 more F1 teams ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
McLaren files as McLaren Racing Limited, whose person with significant control is Mclaren Group Limited, with turnover of £588m in its latest filed year.
Questions about McLaren
What does McLaren do?
McLaren Racing runs the McLaren Formula 1 team, as well as McLaren's teams in IndyCar, endurance racing and esports. It designs, builds and races its own Formula 1 cars from its base in Woking, Surrey. Its income comes mainly from sponsorship and partnerships, Formula 1 prize money and fan products such as its paid membership club. It is separate from McLaren's road car business, McLaren Automotive, which was sold to a different owner in April 2025.
Is McLaren bigger than Williams Racing?
Yes, by turnover. McLaren reported £588m in its latest accounts, against £244m at Williams Racing. Our McLaren v Williams Racing page compares the two on profit, margin, growth and staff. McLaren v Williams Racing →
How does McLaren compare with its rivals?
By turnover, McLaren is 2nd of the 7 companies in our battle of the F1 teams, behind Mercedes F1. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of the F1 teams →
Who owns McLaren?
The Companies House register records Mclaren Group Limited as the person with significant control of McLaren Racing Limited.
How much does McLaren make?
McLaren Racing Limited reported turnover of £588m in the year to December 2025. It filed a pre-tax loss of £44m.
How many people work at McLaren?
McLaren Racing Limited reported 1,246 employees in the year to December 2025.
Who runs McLaren?
The Companies House register lists 12 current officers for McLaren Racing Limited. The full list, with appointment dates, is on the Companies House register.
- Figures come from McLaren Racing Limited's filings at Companies House, company number 01517478, for the period shown at the top of the page.
- These are single company accounts: they cover this company alone, not any wider group.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “McLaren: who owns it, who runs it and what the accounts show”, updated 6 November 2026. https://www.spark-intel.co.uk/companies/mclaren/. Figures from Companies House filings for MCLAREN RACING LIMITED (01517478).
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