McLaren, manufacturer of high-performance vehicles, suffers £375m loss due to impairment charge

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McLaren Group, the British supercar maker and Formula One team-backer, has provided lenders with positive indications of an improvement in its financial performance despite facing a record loss of £873m in the 2020 fiscal year. According to sources familiar with the matter, McLaren has informed its bondholders that it recorded a loss of £873m in the 12 months ending 31 December.

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