News Details

McLaren ‘seeking £200m' from sale of Woking HQ

McLaren Group are seeking a further financial boost by selling their Woking headquarters in a deal that could raise £200million. Sky News claims McLaren have instructed property agent Colliers to begin marketing a sale-and-leaseback of the McLaren Technology Centre. A deal, which is expected to draw interest from international property investors, will form part of a broader strategy to bolster the company's finances after months of disruption caused by the global health pandemic. McLaren have already raised hundreds of millions of pounds in equity from existing shareholders this year, as well as arranging a £150m loan from the National Bank of Bahrain. Sky’s city sources said the...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

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

Haas seeking 2021-22 continuity for future driver...

Haas team boss Guenther Steiner is open to changing the US outfit's...
4y ago from F1i.com

Da Costa seeking F1 drive for Portuguese Grand Prix

António Félix da Costa is on a high at the moment, after securing the...
4y ago from GrandPrix247.com

Bottas seeking to address 'disturbance' during race...

Valtteri Bottas has admitted that he needs to work on his race starts,...
4y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Casey Stoner slams MotoGP's new stability control...

Two-time MotoGP champion Casey Stoner has voiced his disapproval of...

Marc Marquez reveals ‘worry’ over Fermin Aldeguer...

Marc Marquez admits rookie Fermin Aldeguer was his biggest concern en...

Popular On IndyCarToday.com

MSR extends Marcus Armstrong contract for 2026 IndyCar...

Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Popular On TotalWRC.com

Popular On GunnersToday.com

PFA Premier League Team of the Year: Liverpool and...

Liverpool and Arsenal players dominate today's PFA Premier League Team of...
3h ago from CaughtOffside.com

Contract agreed: Arsenal star to sign new deal with...

Arsenal forward Leandro Trossard has reportedly agreed a new contract with...
4h ago from CaughtOffside.com

Ex-Gunner warns: 'Arsenal fans shouldn't expect'...

Former Arsenal winger Jermaine Pennant has warned the club's fans not too...
5h ago from CaughtOffside.com

‘The interest is there': Arsenal still very much...

Arsenal have been linked to the move for the Real Madrid attacker Rodrygo...
10h ago from CaughtOffside.com

Comments

Hottest News

Sky Sports find Martin Brundle replacement

The Sky Sports F1 broadcast would be incomplete... Read More »
5h ago from GPFans.com

F1 legend reveals timeline for surprise Red Bull comeback

Red Bull could be set for a comeback to the top... Read More »
3h ago from GPFans.com

Fernando Alonso green lights F1 switch

Aston Martin F1 star Fernando Alonso says he... Read More »
13h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.