News Details
McLaren agree to sell Applied technology division
McLaren have confirmed that a deal has been struck to sell their Applied technology division to investment group Greybull. This arm of the McLaren Group plays a pivotal role in Formula 1, supplying the ECU that is used in all of the power units. Despite the sale, McLaren did though confirm that the division will remain based at the McLaren Technology Centre, with the current management team still in place. In their statement, McLaren made it clear that the sale was part of their strategy to focus exclusively on supercar manufacturing and elite motorsport, raising further funds as part of their financial restructuring. Already £185m has been secured through the sale of a 15% stake in...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Verstappen - Why Hamilton's British GP penalty...
Max Verstappen has called for "common sense" to be applied from...
4y ago from GPFans.com
Horner responds to Hamilton's ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
4y ago from PlanetF1.com
Horner responds to Hamilton ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
4y ago from PlanetF1.com
Hungarian Grand Prix: Starting grid with penalties...
Mick Schumacher is the only driver that has been hit with a penalty for...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
8h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
4h ago from MotorsportWeek.c...
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
17h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
22h ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
WRC to return to GB in 2027 as Scotland secures...
No description available...
1h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1h ago from MotorsportWeek.c...
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
22h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal vs Leverkusen preview: Trossard back for...
No description available...
39m ago from SkySports.com
Arsenal boss Mikel Arteta confirms 2 key first team...
Arsenal boss Mikel Arteta has confirmed the unavailability of both Martin...
1h ago from SportsKeeda.com
“I remember him putting the cones out” - Arsenal...
Arsenal wonderkid Max Dowman's father has fired shots at a coach for...
1h ago from SportsKeeda.com
Every touch! Just how good was Dowman's performance...
Take a closer look at Max Dowman's match-winning performance against...
2h ago from SkySports.com
Comments
Hottest News
Aston Martin and Adrian Newey given massive F1 lifeline...
Aston Martin's car sucks. Read More »
5h ago from GPFans.com
F1 urged to 'show the door' to Max Verstappen and Lando...
The two F1 champions have been highly critical of... Read More »
49m ago from RacingNews365.com
Max Verstappen in private jet summit with Red Bull bosses...
Max Verstappen was seen boarding his private jet... Read More »
29m ago from GPFans.com
