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Lack of title sponsor 'not a worry' for McLaren

ESPN Staff
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McLaren insists it is not concerned about the absence of a title sponsor on its cars this year.

Before its deal with Vodafone expired at the end of 2013, McLaren said it would announce a new title sponsor in December last year but it has so far failed to materialise. At the start of this season team boss Ron Dennis said the car would "definitely feature a title sponsor at some time in the next few races", but as of the ninth round of the season at Silverstone no announcement had been made.

Asked for an update on the negotiations, racing director Eric Boullier said: "We will announce it when we sign it and obviously it's because we haven't finalised. We are not in a position where we are struggling to get money, we are perfectly fine and with Honda coming on board [as an engine supplier in 2015] we are even more."

Boullier admitted the team's performance this year had not helped, but said he was not concerned about McLaren's finances.

"There is no one reason. If you delay it's because there is nothing to sign or be ready to be signed. Obviously performance doesn't help, the economic situation outside is not the best, but McLaren has 32 partners and sponsors, so on this one we have the biggest budget we have ever had and it's going to increase next year. This is not a worry."

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