News Details
McLaren sells Woking headquarters to US real estate trust
The McLaren Group has agreed to sell its Woking industrial campus to US real estate investment trust Global Net Lease for £170 million. McLaren put the property on the market last year to shore up its finances following a significant downturn in revenue of its automotive and racing operations due to the global COVID-19 pandemic. The contract purchase price for the combined 840,000 square foot three property office and industrial site is £170 million, but includes a 20-year sale-leaseback deal that will allow McLaren to continue to operate out of its Woking headquarters. "We are excited to announce that this world-class facility will become part of the GNL portfolio," commented...
Full Story »
Full Story »
You May Also Be Interested In...
Alonso needs to improve 'trust level' in Alpine car
Fernando Alonso says he needs to better understand Alpine's A521,...
4y ago from F1i.com
Bottas ‘couldn't trust rear' amid worst dry Q3...
Valtteri Bottas says he lacked trust from the rear of his Mercedes W12...
4y ago from MotorsportWeek.com
Bottas “couldn’t trust the rear” of his Mercedes...
Valtteri Bottas says he “couldn’t trust the rear end” of his...
4y ago from Crash.net
Bottas laments Mercedes balance: I couldn't trust the...
Article To news overview © Mercedes Despite topping both practice...
4y ago from RacingNews365.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo tops chaotic second Assen MotoGP...
Fabio Quartararo topped the timesheets for Yamaha after an extended...
2h ago from MotorsportWeek.c...
Marc Marquez tops first Assen MotoGP practice despite...
Marc Marquez topped the timesheets in the first Assen MotoGP practice...
6h ago from MotorsportWeek.c...
Reports: MV Agusta exploring options to return to...
Key figures on the board of historic manufacturer MV Agusta have...
6h ago from MotorsportWeek.c...
Fabio Quartararo “needs a winning project now” as...
No description available...
14m ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
23h ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
2d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
4d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
6h ago from Motorsport.com
Here's how Hyundai’s driver cooling system will...
No description available...
1d ago from Motorsport.com
How Carlos Sainz Sr's withdrawal will impact the FIA...
No description available...
1d ago from Motorsport.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Major twist gives Arsenal hope of signing ‘most...
Real Madrid have not ruled out the possibility of selling Rodrygo Goes...
2h ago from CaughtOffside.com
Arsenal given ‘less than 2% chance’ of signing...
Arsenal’s hopes of landing one of their top striker targets this summer...
2h ago from CaughtOffside.com
Report: Arsenal receive huge boost in their bid to...
Arsenal have been handed a huge boost in their bid to sign Rodrygo as the...
2h ago from FreshArsenal.com
Mikel Arteta tells Arsenal to sign 21-year-old...
Mikel Arteta reportedly wants Arsenal to sign midfielder Marc Casado from...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 Results Today: Hamilton suffers Ferrari nightmare at...
The first outing at the Austrian Grand Prix... Read More »
4h ago from GPFans.com
F1: Austrian Grand Prix: Friday Free 2 - Times
Times from today's second free practice session... Read More »
1h ago from Pitpass.com
LIVE: 2025 F1 Austrian Grand Prix - Free Practice 2
Follow live with all the action from Free... Read More »
3h ago from RacingNews365.com
