Formula 1

12:59 PM ET Daniel Ricciardo is standing by his decision to switch from Renault to McLaren next year despite McLaren experiencing some financial struggles as a result of the coronavirus pandemic. 1 Related Ricciardo was part of a driver market merry-go-round during the hiatus in racing this year after being signed by McLaren for 2021
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6:29 AM ET Former Williams driver Sergey Sirotkin has been confirmed as Renault’s reserve driver for the upcoming 2020 season. 1 Related Sirotkin was Renault’s reserve driver in 2017 and 2019, but the role has greater significance this year due to the potential for race drivers sitting out of sessions due to positive coronavirus tests.
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4:14 AM ET The McLaren Group, which includes the Formula One team, has arranged a £150 million financing facility with the National Bank of Bahrain (NBB), the Gulf bank said on Monday. The COVID-19 pandemic has hit the company hard, with sales of its supercars plunging during a factory shutdown. It announced 1,200 redundancies in
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