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...
4y 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...
4y 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...
4y 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...
4y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: ‘I prefer to be pessimistic’ about...
Marc Marquez admits he prefers to be “pessimistic” over his chances...
19h ago from MotorsportWeek.c...
The winners and losers from MotoGP's German Grand Prix
No description available...
22h ago from Motorsport.com
Fabio Quartararo admits 'tensions' within Yamaha over...
No description available...
1d ago from Motorsport.com
Attritional German GP matches record for fewest...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou opens ‘all the options’ in Ganassi’s...
Alex Palou won his seventh IndyCar race of the season on Sunday,...
12h ago from MotorsportWeek.c...
Juncos Racing truck catches fire on the way back from...
No description available...
13h ago from Motorsport.com
Linus Lundqvist on standby if Nolan Siegel cannot race...
Arrow McLaren announced on Monday that Linus Lundqvist will be with the...
12h ago from MotorsportWeek.c...
Mixed Iowa fortunes eliminates Team Penske from...
Team Penske showed flashes of domination in the two races from Iowa...
15h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Thierry Neuville's WRC co-driver prepared for...
No description available...
2h ago from Motorsport.com
Rajah Caruth and Jake Finch secure rides for Dover...
No description available...
10h ago from Motorsport.com
Trackhouse appoints former Joe Gibbs Racing executive...
No description available...
11h ago from Motorsport.com
Juncos Racing truck catches fire on the way back from...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Premier League fans in Asia want to feel valued –...
-season trips to Asia may not be new for English clubs, but they remain a...
33m ago from TheGuardian.com
Manchester United offered chance to sign 22-year-old...
Manchester United have reportedly been offered the chance to sign...
33m ago from SportsKeeda.com
Gyokeres add-ons sticking point : Mosquera deal agreed
Morning. I see some rumours from the Portuguese press that Viktor...
1h ago from Arseblog.com
Transfer latest: Arsenal agree £16.5m deal for...
t;li>Arsenal to pay Valencia initial £13m for defenderFluminense...
11h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Shock Aston Martin exit to open door for...
George Russell's long-term F1 future with... Read More »
2h ago from GPFans.com
Lewis Hamilton 'won't be at Ferrari for much longer' if key...
F1 journalist Will Buxton has suggested that... Read More »
1h ago from GPFans.com
Max Verstappen close to Mercedes F1 switch, claims close...
The ever-growing speculation that Max Verstappen... Read More »
53m ago from MotorsportWeek.com
