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,...
3y 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...
3y 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...
3y ago from Crash.net
Bottas laments Mercedes balance: I couldn't trust the...
Article To news overview © Mercedes Despite topping both practice...
3y ago from RacingNews365.com
Elsewhere On The Network
Popular On MGPToday.com
Stoner warns Martin: 'I know what Ducati is willing to...
No description available...
18h ago from Motorsport.com
Davide Brivio praises Ai Ogura's ‘qualities'...
Trackhouse Racing boss Davide Brivio heaped praise on Ai Ogura after the...
17h ago from MotorsportWeek.c...
Ducati boss claims Francesco Bagnaia is 'outclassing'...
Ducati boss Davide Tardozzi delivers his verdict, stating that Francesco...
1d ago from MotorsportWeek.c...
Martin: "Bagnaia is in a team built to win, we...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
1d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
4d ago from Motorsport.com
Robert Shwartzman announced for PREMA’s second...
PREMA has announced that Robert Shwartzman will pilot one of the two cars...
4d ago from MotorsportWeek.c...
Enzo Fittipaldi to run IndyCar test with McLaren later...
Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
What Lancia needs to do to transform its rally return...
No description available...
3d ago from Motorsport.com
A Farewell Message from The Checkered Flag
After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...
1w ago from TheCheckeredFlag...
Popular On GunnersToday.com
5 players who have played for Arsenal and Chelsea...
We take a look at 5 players who have played for both London clubs, Arsenal...
4h ago from SoccerSouls.com
Top Premier League scorers of all time: Mo Salah...
Sports Mole lists the all-time leading goalscorers of the Premier League...
6h ago from SportsMole.co.uk
Insider says Arsenal could 'try and make a move' for...
Arsenal are looking ahead to potential additions in the next summer...
10h ago from CaughtOffside.com
Mohamed Salah overtakes Thierry Henry: Can you name...
Sports Mole challenges you to name the Premier League's top assisters of...
6h ago from SportsMole.co.uk
Comments
Hottest News
F1 News Today: Hamilton told to CANCEL Ferrari contract as...
A former Formula 1 boss has suggested that Lewis... Read More »
14h ago from GPFans.com
Ricciardo’s girlfriend shares ADORABLE photo of axed F1...
Daniel Ricciardo’s girlfriend has shared an... Read More »
7h ago from GPFans.com
Red Bull announce Perez release ahead of Las Vegas Grand...
Red Bull have made an announcement regarding... Read More »
1d ago from GPFans.com
