Formula 1

McLaren has completely eliminated its infamous “matrix” management structure and will have a traditional Formula 1 leadership arrangement under new team principal Andreas Seidl. The British team adopted the aerospace-inspired matrix set-up in Ron Dennis’s time, with McLaren’s former CEO Martin Whitmarsh the architect. It avoided the traditional divisions of responsibility in the racing team
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McLaren Formula 1 team principal Andreas Seidl says it is “pretty difficult to imagine” any new entry investing the money currently required to be successful in the championship. F1 is pursuing prospective teams and engine manufacturers, with Honda the only supplier to join since the V6 turbo-hybrid engine rules were introduced in 2014. Resource restrictions
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