Trump Plans New Executive Order to Address Rising NIL Costs in College Sports 
ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges 
IMF and World Bank Resume Ties with Venezuela, Opening Door to Billions in Funding 
Los Angeles Mayor Says White House Must Reassure Fans Ahead of FIFA World Cup 
Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty 
DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions 
China's Economy Shows Resilience Amid Global Headwinds in March 
Japan Eyes Private Credit as Key Pillar in New Financial Strategy 
Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions 
Fungi are among the planet’s most important organisms — yet they continue to be overlooked in conservation strategies 
KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring 
U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative 
Dollar Retreats as Strait of Hormuz Reopens, Easing Safe-Haven Demand 
Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia 
Woking-based McLaren had signed an option in January 2021 to join Formula E from the 2022/23 campaign continuing its commitment to electric motorsport, having entered the SUV series Extreme E in 2022.
McLaren also participates in Formula One, IndyCar, and esports.
McLaren Racing CEO Zak Brown stated in December that the team would most likely make a decision on its entry in early 2022.
In February, it was reported that Mercedes-EQ, which will leave Formula E at the conclusion of the 2021-22 season, was in talks with McLaren to form a single team entry.
McLaren will keep Mercedes-EQ team principal Ian James in his existing position now that the acquisition has been confirmed and is expected to be finalized later this year.
McLaren Racing is always striving to be the best and be on the cutting edge of technology, giving innovative methods for our fans, partners, and people to be engaged, entertained, and inspired. Formula E, like all of our racing series, meets all of those requirements, according to Brown.
Formula E complements and expands McLaren's electric racing program, which is handled separately from its Formula One and IndyCar teams.
Brown feels that Formula E will provide McLaren Racing with a competitive advantage through a better grasp of electric racing, as well as a point of differentiation for their fans, partners, and people, and will help them continue on their sustainable path.
