News Details

McLaren ‘seeking £200m' from sale of Woking HQ

McLaren Group are seeking a further financial boost by selling their Woking headquarters in a deal that could raise £200million. Sky News claims McLaren have instructed property agent Colliers to begin marketing a sale-and-leaseback of the McLaren Technology Centre. A deal, which is expected to draw interest from international property investors, will form part of a broader strategy to bolster the company's finances after months of disruption caused by the global health pandemic. McLaren have already raised hundreds of millions of pounds in equity from existing shareholders this year, as well as arranging a £150m loan from the National Bank of Bahrain. Sky’s city sources said the...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Williams CEO O'Driscoll to retire following team's sale

Williams’ Chief Executive Officer Mike O’Driscoll is to retire from...
5y ago from MotorsportWeek.com

Haas seeking 2021-22 continuity for future driver...

Haas team boss Guenther Steiner is open to changing the US outfit's...
5y ago from F1i.com

Da Costa seeking F1 drive for Portuguese Grand Prix

António Félix da Costa is on a high at the moment, after securing the...
5y ago from GrandPrix247.com

Bottas seeking to address 'disturbance' during race...

Valtteri Bottas has admitted that he needs to work on his race starts,...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Trackhouse boss reveals steps MotoGP must take to...

Trackhouse owner Justin Marks has revealed how he plans to promote his...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Experienced engineer Mike O’Gara joins IndyCar as...

IndyCar has announced that Mike O’Gara has joined the series as Vice...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Thierry Neuville crashes out of Croatia lead in final...

A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...

Popular On GunnersToday.com

'Lack basic footballing IQ', 'Should feel so...

Arsenal fans are furious with Noni Madueke and Gabriel Martinelli despite...
4h ago from SportsKeeda.com

'Who cares what people think' – Arsenal star...

Arsenal secured their place in the Champions League semi-finals for the...
6h ago from CaughtOffside.com

‘Shattered’ Rice wows Arteta by getting off...

t;li>Captain’s brave display helps Arsenal reach semi-final‘We are...
5h ago from TheGuardian.com

Player ratings: Arsenal 0-0 Sporting (1-0 agg)

Arsenal reached the Champions League semi-final for consecutive seasons...
5h ago from FreshArsenal.com

Comments

Hottest News

F1 boss plots comeback with brand new team

11 teams on the F1 grid? Rubbish. We want more!... Read More »
7h ago from GPFans.com

F1 2026 farce exposed as Ferrari turn to Formula E for help

When Max Verstappen compared F1 to 'Formula E on... Read More »
8h ago from GPFans.com

FIA 'confront Red Bull' over Max Verstappen kicking out...

The FIA have reportedly been in touch with Red... Read More »
7h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.