News Details
McLaren agree to sell MTC in £170m leaseback deal
McLaren has agreed to sell its Woking-based factory, the McLaren Technology Centre, to American firm Global Net Lease for £170 million. The deal, which has been in negotiations for months, was announced on Tuesday and will see the MTC leased back to the team in a 20-year deal. “We are excited to announce that this world-class facility will become part of the GNL portfolio,' GNL CEO James Nelson said. 'The McLaren Group Headquarters' state of the art buildings have won numerous awards, were designed by renowned architect Norman Foster, and are the type of mission-critical, net-leased properties that make up the GNL portfolio. 'We are very pleased to have been able to collaborate and work...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren sells MTC for £170m
McLaren has sold its iconic Woking HQ to American real estate giant Global...
4y ago from Pitpass.com
US-based GNL agrees £170m deal to purchase McLaren...
US-based Global Net Lease (GNL) has agreed a £170 million deal to...
4y ago from MotorsportWeek.com
McLaren agree £170m deal for Technology Centre
Ian Parkes Tuesday 20 April 2021 13:10 McLaren Group has agreed a...
4y ago from GPFans.com
Sprint races won't sell more F1 tickets –...
Apr.16 French GP official Eric Boullier is not convinced ‘sprint...
4y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir: Honda expectations increase after podium at...
No description available...
14h ago from Motorsport.com
Fabio Quartararo '99% sure' Yamaha will go all-in on...
No description available...
17h ago from Motorsport.com
Toprak Razgatlioglu backs Nicolo Bulega ahead of...
Former WorldSBK champion Toprak Razgatlioglu has shown his full support...
21h ago from MotorsportWeek.c...
Marc Marquez’s shoulder injury “serious” as...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Caio Collet advances up to IndyCar with AJ Foyt Racing
AJ Foyt Racing has announced that Caio Collet will drive for the team in...
14h ago from MotorsportWeek.c...
McLaren’s lawsuit against IndyCar champ Alex Palou...
The lengthy court battle between McLaren and Alex Palou is nearing a...
15h ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
3d ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year extension with Andretti...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Japan: Kalle Rovanpera crashes early in SS3...
No description available...
6h ago from Motorsport.com
Ott Tanak tight-lipped on WRC future as speculation...
No description available...
22h ago from Motorsport.com
WRC Rally Japan: Kalle Rovanpera grabs early lead,...
No description available...
21h ago from Motorsport.com
Hyundai signings bolster WEC and WRC resources
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Two former captains, two ‘killer instincts'
Morning all. Thanks to Andrew A for filling in yesterday. I wish I had a...
37m ago from Arseblog.com
Pundit claims Arsenal star 'has a little bit more'...
Arsenal midfielder Declan Rice arguably has a bit more to his game even...
17m ago from CaughtOffside.com
Teenage picks: the young players lighting up the...
e of them are not old enough to drive to training but they are driving...
17m ago from TheGuardian.com
How 'second coach' Xhaka faces Arsenal as Sunderland's...
When Granit Xhaka was at Arsenal, he was inspired by Mikel Arteta to start...
17m ago from SkySports.com
Comments
Hottest News
FIA issue rare weather warning for Brazilian GP
The forecast is not looking good for Saturday at... Read More »
1h ago from RacingNews365.com
Jos Verstappen reignites Christian Horner feud with brutal...
Max Verstappen's father Jos Verstappen has... Read More »
27m ago from GPFans.com
Lewis Hamilton addresses Felipe Massa £64 million lawsuit...
As Felipe Massa waits to see if his case will go... Read More »
27m ago from RacingNews365.com
