InAutoNews InAutoNews

Motorsport

McLaren Set to Retain Button for 2016 Despite Financial Pressures

Jenson Button is expected to stay with McLaren-Honda for the 2016 Formula One season, even as the team faces sponsorship uncertainty and financial strain.

By Steve James Updated
McLaren Honda MP4-30 Formula 1 car
McLaren Honda MP4-30 Formula 1 car Rainmaker47 / CC BY-SA 4.0

Jenson Button appears set to remain at McLaren-Honda for the 2016 Formula One season, despite ongoing speculation about the team’s finances and sponsorship stability. The British driver’s future had been in doubt as McLaren endured a difficult 2015 campaign and faced the prospect of reduced income from both sponsors and championship prize money.

McLaren’s struggles on track have triggered concerns about its commercial partnerships. Johnnie Walker confirmed ongoing talks with the team, while Santander’s future involvement is also uncertain. Finishing near the bottom of the championship will further reduce McLaren’s income, compounding the financial challenges.

The team’s management faced a choice between retaining Button, a veteran and world champion, or replacing him with a less expensive option such as Kevin Magnussen. Despite the cost pressures, McLaren’s leadership has indicated a preference for continuity. Team principal Eric Boullier said the current line-up of Button and Fernando Alonso is expected to continue, emphasising the value of experience as the team tries to recover.

Implications for McLaren’s young drivers

Kevin Magnussen, who served as reserve driver in 2015 after racing for McLaren the previous year, has publicly said he is not willing to remain on the sidelines for another season. With Stoffel Vandoorne also seeking a race seat, both young drivers may be forced to look outside McLaren for opportunities in 2016.

  • Button and Alonso expected to remain McLaren’s race drivers for 2016.
  • Magnussen and Vandoorne likely to seek F1 seats elsewhere.

Sponsorship and financial outlook

The potential departure of key sponsors would be a further blow to McLaren’s finances, already hit by a lack of results in 2015. The loss of commercial partners could affect development budgets and the team’s ability to compete at the front. McLaren’s management faces the task of stabilising its finances while attempting to return to competitiveness on track.

More from Motorsport

Mercedes-AMG F1 W14 E Performance Formula 1 car
Motorsport

Hamilton’s Singapore podium bid undone by Virtual Safety Car call

F1 cars battling for the podium at the 2022 British Grand Prix
Motorsport

Formula 1 signs 10-year deal for Rwanda Grand Prix return

Ferrari F2012 at the 2012 Malaysian Grand Prix.
Motorsport

Massa to Remain at Ferrari for 2013 as Hulkenberg Heads to Sauber

Fernando Alonso in 2015, relevant to the McLaren F1 season discussed.
Motorsport

Ferrari Targets DRS Gains to Boost Qualifying Performance