FILE PHOTO: Formula One F1 - Pre Season Testing - Circuit de Barcelona-Catalunya, Barcelona, Spain - February 28, 2020 McLaren's Carlos Sainz Jr. in action during testing REUTERS/Albert Gea/File Photo
LONDON (Reuters) - McLaren are considering selling a minority stake in their once-dominant Formula One team to raise funds to help the company weather the COVID-19 crisis, Sky News reported on Wednesday.
It said the proposal was at a 'conceptual stage' alongside other options, including raising capital from existing bondholders.
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