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

MotoGP to use 100% non-fossil fuels by 2027 season

MotoGP has announced that the fuel used across all Grand Prix classes...
15h ago from MotorsportWeek.c...

Unpacking the art of value betting in MotoGP

Value betting in MotoGP is a strategic blend of data analysis,...

Popular On IndyCarToday.com

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...
18h ago from MotorsportWeek.c...

IndyCar Laguna Seca – Race Results

IndyCar traveled clear across the country since last weekend’s race,...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Deal completed' – Fabrizio Romano confirms...

Liverpool have reportedly beaten Arsenal to the transfer of Salford City...
1h ago from CaughtOffside.com

Real Madrid Transfer News Roundup: Los Blancos eyeing...

Real Madrid manager Xabi Alonso is working to improve his squad before the...
2h ago from SportsKeeda.com

'The pressure on him is incredible' - Michael Owen...

Michael Owen has backed Liverpool to retain the Premier League title but...
13h ago from SportsKeeda.com

Report: Arsenal and Fulham in talks to complete double...

Arsenal and Fulham are in active discussions over a potential double...
12h ago from FreshArsenal.com

Comments

Hottest News

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.