McLaren CEO Zak Brown received a staggering $50.3 million pay package following the team’s 2024 Formula One constructors’ championship — its first in more than a quarter century, according to financial filings.
Documents filed with the UK’s Companies House and reported by Bloomberg show Brown’s total compensation rose to £37.3 million ($50.3 million) last year, a sharp increase from the £26.4 million ($35.6 million) he earned the previous year. The boost reflects McLaren’s long-awaited return to the top of the sport under his leadership.
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McLaren’s championship marked its first constructors’ title since 1998, ending a decades-long drought for the storied British team. The 2024 season featured an intense battle with Ferrari that went down to the final races, with McLaren ultimately taking the title by just 14 points.
Drivers Lando Norris and Oscar Piastri were central to the team’s resurgence, winning 12 of 17 Grands Prix and claiming a sprint race victory. Their consistent form kept McLaren ahead in a season that saw other front-runners, including Red Bull and Mercedes, struggle to match the Woking-based squad’s pace.
As the 2025 season heads into its final stretch, McLaren once again sits atop the standings with 623 points — a commanding 333-point lead over Mercedes. A modest points haul at the upcoming Singapore Grand Prix could secure back-to-back constructors’ crowns.
Off the track, McLaren Racing’s valuation has also surged. Brown recently confirmed the completion of a major stake sale to Mumtalakat and CYVN, valuing the company at roughly $4.1 billion.
“The sport is on fire,” Brown said. “The fan base, sponsorship interest, and global growth are unlike anything we’ve seen before. Long may it continue.”
For Brown, the success cements not only McLaren’s revival but also his place among motorsport’s most influential modern executives.
Source: Motorsport.com
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