News Details
McLaren raises more funds with sale of Applied tech unit
The McLaren Group continues its push to shore up its financials, having agreed to sell its Applied technology division to a private investment group. McLaren Applied which specializes in electrification, telemetry, analytics and control, and which supplies the standard ECU used in F1's power units, has been acquired by London-based Greybull Capital. The move is part of the automotive group's financial turnaround that recently included a sale and lease back of its state-of-the-art McLaren Technology Center in Woking, a sale of £185 million minority stake in McLaren Racing, and a 550 million capital restructuring undertaken last month with several investors and existing shareholders,...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren agree to sell Applied technology division
McLaren have confirmed that a deal has been struck to sell their Applied...
4y ago from PlanetF1.com
McLaren agrees sale of technology division to increase...
McLaren Group has announced the sale of its Applied technology division to...
4y ago from GPFans.com
McLaren agrees sale of its technology business
The McLaren Group has agreed to sell its technology division, McLaren...
4y ago from MotorsportWeek.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
Jorge Martin: Marco Bezzecchi was "on another...
No description available...
12h ago from Motorsport.com
Michelin reveals what caused Marc Marquez’s dramatic...
No description available...
19h ago from Motorsport.com
Pedro Acosta praises KTM’s ‘really nice job’...
Pedro Acosta has praised KTM’s off-season development for helping him...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
6h ago from MotorsportWeek.c...
Alex Palou struck “perfection” in St. Petersburg
No description available...
9h ago from Motorsport.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
16h ago from MotorsportWeek.c...
Newgarden gains 16 positions, finishes seventh in...
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
2d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
4d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
‘Exceptional' Arsenal star makes worrying...
Arsenal defender Riccardo Calafiori has spoken openly about a return to...
5h ago from CaughtOffside.com
Brighton & Hove Albion vs Arsenal Prediction and...
Brighton & Hove Albion will host Arsenal at the American Express Stadium...
8h ago from SportsKeeda.com
After scoring goal in win over Chelsea, Jurrien Timber...
Jurrien Timber has said that Arsenal cannot afford to make costly mistakes...
10h ago from SportsKeeda.com
'We can't have the championship decided on corner...
Manchester United legend Peter Schmeichel has called for Premier League...
12h ago from SportsKeeda.com
Comments
Hottest News
Retired F1 legend gets lifetime benefits after driving for...
Being a Ferrari driver seems like one of the most... Read More »
5h ago from GPFans.com
Aston Martin in crisis: Honda woes threaten Melbourne ghost...
A cloud of uncertainty is hanging over the Aston... Read More »
10h ago from F1i.com
F1 paddock 'feels like high-security prison' claims former...
A former driver turned team owner has likened the... Read More »
6h ago from GPFans.com
