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

Popular On IndyCarToday.com

Will Power leads Team Penske to IndyCar pole at Gateway

World Wide Technology Raceway was the site of qualifying on Saturday...
16h ago from MotorsportWeek.c...

IndyCar Gateway – Qualifying Results

The first short oval race of the season is on tap this weekend, and a...
16h ago from MotorsportWeek.c...

Newgarden tops rain-affected IndyCar practice from...

IndyCar finally was able to complete its first practice session of the...
20h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal will look to sign Premier League striker if...

Arsenal will reportedly turn their attention towards Aston Villa striker...
32m ago from SportsKeeda.com

'If you put him in the Arsenal side, he gets over 20...

British pundit Darren Ambrose has claimed that Nottingham Forest striker...
2h ago from SportsKeeda.com

Manchester United launch surprise move to sign former...

Manchester United have launched a move to sign former Arsenal goalkeeper...
3h ago from SportsKeeda.com

Real Madrid opt out of race to sign Barcelona and...

Real Madrid have abandoned their pursuit of Barcelona target Nico...
4h ago from SportsKeeda.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.