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 »
3y 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...
3y ago from GPFans.com
Horner responds to Hamilton's ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
3y ago from PlanetF1.com
Horner responds to Hamilton ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
3y 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...
3y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
1d ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
22h ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
1d ago from Motorsport.com
The CRB is the F1 ‘court’ that could unlock Jorge...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Upcoming IndyCar races at Iowa predicted to be...
After IndyCar completes the event at Mid-Ohio this weekend, the paddock...
1h ago from MotorsportWeek.c...
Kyle Kirkwood runs to the top in opening IndyCar...
The NTT IndyCar Series returned to action on Friday, completing a...
16h ago from MotorsportWeek.c...
Christian Rasmussen handed six-place IndyCar grid...
IndyCar officials have handed Christian Rasmussen a six-place grid...
20h ago from MotorsportWeek.c...
Feature: Evaluating IndyCar’s hybrid power system...
The NTT IndyCar Series introduced its long-developed hybrid system in the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
1d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
2d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'My message…' – Arsenal target's manager...
Chelsea manager Enzo Maresca has spoken out about Noni Madueke's future...
1h ago from CaughtOffside.com
Fabrizio Romano says Arsenal 'advancing' on surprise...
Transfer news expert Fabrizio Romano claims that Arsenal are advancing in...
1h ago from CaughtOffside.com
Club approach 90m star but Arsenal have clear...
Real Madrid forward Rodrygo Goes has reportedly been the subject of an...
2h ago from CaughtOffside.com
Arsenal latest: 'Ex-Man Utd defender Heinze to join...
No description available...
1h ago from SkySports.com
Comments
Hottest News
F1 2025 British Grand Prix – FP3 Results
Ferrari's Charles Leclerc headed proceedings... Read More »
3h ago from MotorsportWeek.com
Button names ‘worst teammate to have’ in F1 – and...
F1 world champion Jenson Button has nominated the... Read More »
45m ago from F1i.com
British Grand Prix Free Practice 3 - Results
Full results from Free Practice 3 for the British... Read More »
2h ago from F1i.com
