News Details
McLaren headquarters sold to add short-term funds
The McLaren Group have sold their Woking headquarters to US-based investors, and their facility will then be leased back to the team moving forward. The McLaren Technology Centre had been on the market for several months, with property company Global Net Lease paying £170million for the 840,000 square foot area. McLaren will now operate on a leaseback deal on their headquarters for the next 20 years at least, which will add funds to the team in the short-term after they lost significant revenue in 2020 due to the COVID-19 pandemic. 'We are excited to announce that this world-class facility will become part of the GNL portfolio,' said James Nelson, CEO of Global Net Lease. 'The McLaren...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
McLaren sells Woking headquarters to US real estate...
The McLaren Group has agreed to sell its Woking industrial campus to US...
4y ago from F1i.com
US-based GNL agrees £170m deal to purchase McLaren...
US-based Global Net Lease (GNL) has agreed a £170 million deal to...
4y ago from MotorsportWeek.com
McLaren's Woking headquarters has been sold
Article To news overview © McLaren McLaren's Technology Centre in Woking...
4y ago from RacingNews365.com
Seidl: Several of our competitors have taken a step...
Andreas Seidl has urged his McLaren colleagues to remain 'focused'...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
What is going on with Francesco Bagnaia in MotoGP?
No description available...
1h ago from Motorsport.com
How Max Verstappen and Lewis Hamilton are racing to...
No description available...
4h ago from Motorsport.com
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
1d ago from TheGuardian.com
Singapore to host the 2026 MotoGP season launch
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
6d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
5d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
5d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I think that's deranged' - Arsenal legend hits back...
Former Arsenal defender Martin Keown has claimed that Peter Schmeichel's...
53m ago from SportsKeeda.com
“That’s my hot take” - Jamie Carragher claims...
Liverpool legend Jamie Carragher has predicted Arsenal manager Mikel...
2h ago from SportsKeeda.com
Gyokeres shoots, Nwaneri scores, Martinelli talks
Morning. In yesterday's Interlull action Riccardo Calafiori didn't play at...
5h ago from Arseblog.com
Arsecast Extra Episode 657 – 08.09.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
19h ago from Arseblog.com
Comments
Hottest News
Lance Stroll leaves media floundering in strange F1 Italian...
Lance Stroll was less than talkative during his... Read More »
1h ago from MotorsportWeek.com
F1 team move home to confirm end of an era
Sauber F1 team have said a sad goodbye to a key... Read More »
2h ago from GPFans.com
Max Verstappen finally takes stance on controversial...
Max Verstappen was initially reluctant to share... Read More »
1h ago from RacingNews365.com
