Ron Dennis has delivered another robust evaluation of his team’s financial health, insisting that the Woking based squad will be debt-free early in 2007.
Earlier this year, the Mercedes-powered outfit reacted angrily to suggestions that, due to the construction of its impressive new factory, it was burdened by huge debts of nearly a billion dollars.
Some reports said rumours about the sale of the remaining 60 per cent of McLaren to Mercedes-Benz was merely a way for the team to avoid bankruptcy.
Mere weeks before the arrival of Vodafone as new title sponsor, however, the Independent quoted Dennis as saying: “We will be entirely free of any debt by 28 January. We have never been as commercially healthy in our entire history.
“I am fiercely proud of our commercial performance.”
GMMF1
DailyF1News.com
