News Details

Zero impact on F1 team from McLaren factory sale

McLaren F1 team principal Andreas Seidl is clear that the proposed sale of McLaren's HQ will have zero impact on its Formula 1 team. It isn't the first time that the sports car company have tried to raise a large chunk of cash since the pandemic. Plans have been revealed previously to mortgage the McLaren Technology Centre in Woking, whilst they also considered selling their collection of classic cars to raise funds. There was also talk of selling a stake in the F1 team, though the company did secure a £150 million loan from the National Bank of Bahrain. Now Sky News have reported that the McLaren HQ is at the focus of a cash-raising plan again with McLaren looking to raise up to £200m...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Seidl plays down McLaren factory sale

Sep.12 Andreas Seidl has played down news that McLaren's iconic...
5y ago from OneStopStrategy.com

McLaren put headquarters up for sale in fundraising...

McLaren has listed their famed Woking headquarters for sale in a bid to...
5y ago from GrandPrix247.com

McLaren to put its £200m factory up for sale

McLaren is set to put its Formula 1 and automotive factories up for sale...
5y ago from MotorsportWeek.com

McLaren planning sale and leaseback of Woking MTC

The McLaren Group is reportedly seeking a sale and leaseback of its...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Nicolo Bulega explains why he had to change his...

After completing his first MotoGP race weekend, Nicolo Bulega explained...

Alex Marquez reveals how he ‘suffered’ to second...

Alex Marquez admits he “suffered” with his Michelin tyres on course...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...
19h ago from MotorsportWeek.c...

McLaren’s lawsuit against IndyCar champ Alex Palou...

The lengthy court battle between McLaren and Alex Palou is nearing a...

Caio Collet advances up to IndyCar with AJ Foyt Racing

AJ Foyt Racing has announced that Caio Collet will drive for the team in...

Popular On TotalWRC.com

Oliver Solberg lands factory Toyota Rally1 drive

We called it after Oliver Solberg clinched his WRC2 title in Chile....

Popular On GunnersToday.com

'He started the season again a little bit shaky' -...

Chelsea legend John Obi Mikel has urged the Blues to replace Robert...
40m ago from SportsKeeda.com

Report: Arsenal preparing ambitious move for attacker...

Arsenal are reportedly preparing a bold and ambitious move to sign Real...
2h ago from CaughtOffside.com

Sources: 'Concrete interest' as Man United ready to...

Manchester United are one of the clubs eyeing up Napoli midfielder Scott...
4h ago from CaughtOffside.com

Worrying report reveals no Arsenal talks over hugely...

Arsenal fans might not be too pleased to hear that there have not yet been...
6h ago from CaughtOffside.com

Comments

Hottest News

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.