News Details
McLaren planning sale and leaseback of Woking MTC
The McLaren Group is reportedly seeking a sale and leaseback of its Woking headquarters in a bid to further shore up its finances by approximately £200 million. McLaren, which raised capital earlier this year following the onslaught of the coronavirus pandemic, has mandated property agent Colliers to seek a buyer and leaseback deal for its Norman Foster-designed McLaren Technology Center. According to Sky News, the group has also appointed Goldman Sachs and HSBC to advise on a further equity raise and debt refinancing expected to take place next year, a strategy that could include the sale of a minority interest in McLaren Racing, the entity that oversees the F1 team. McLaren fears Racing...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren ‘seeking £200m' from sale of Woking HQ
McLaren Group are seeking a further financial boost by selling their...
5y ago from PlanetF1.com
McLaren hangs asking price of 200 million pound to...
The head office of McLaren is put up for sale. The team from Woking will...
5y ago from GPBlog.com
Schumacher reportedly making F1 debut at Mugello
Mick Schumacher is reportedly set for a drive in FP1 at the Tuscan Grand...
5y ago from GrandPrix247.com
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
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez suffers fractures in frightening Catalan...
No description available...
2d ago from Motorsport.com
Pedro Acosta says the third MotoGP race start...
Pedro Acosta questioned the decision to continue the MotoGP Catalan Grand...
5h ago from MotorsportWeek.c...
MotoGP chief Carlos Ezpeleta defends decision to...
No description available...
6h ago from Motorsport.com
Johann Zarco to wait several weeks before undergoing...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
The milk of choice for every 2026 Indy 500 driver
No description available...
1h ago from Motorsport.com
The voices in Mick Schumacher’s head for the Indy...
No description available...
2h ago from Motorsport.com
Alexander Rossi involved in multi-car crash in...
Monday afternoon held a short practice session for the NTT IndyCar...
23h ago from MotorsportWeek.c...
Alexander Rossi undergoes surgery after horror Indy...
Alexander Rossi has undergone surgery following a horror crash during...
10h ago from MotorsportWeek.c...
Popular On TotalWRC.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
1d ago from Motorsport.com
Why returning to the WRC podium was so important for...
No description available...
6d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal, Chelsea and Man United enter three-way battle...
Arsenal, Chelsea and Manchester United are interested in signing Christos...
2h ago from CaughtOffside.com
Football quiz: when English clubs play in European...
enal, Aston Villa and Crystal Palace could make it a clean sweep of...
4h ago from TheGuardian.com
Uefa expects more viewers for Champions League final...
t;li>HBO Max subscribers in the UK likely to boost numbersPresence of...
4h ago from TheGuardian.com
Player ratings: Arsenal 1-0 Burnley
Arsenal moved closer to the Premier League title with a 1-0 win over...
7h ago from FreshArsenal.com
Comments
Hottest News
Lando Norris' genius plan could spark F1 2026 title charge
Lando Norris appears to have a plan for how he... Read More »
45m ago from GPFans.com
F1: Canadian Grand Prix: Preview - Alpine
We only brought minor upgrades to the car in... Read More »
45m ago from Pitpass.com
Mercedes at risk of F1 'punishment' after FIA backtrack...
An F1 insider has revealed the complex thought... Read More »
1h ago from GPFans.com
