News Details
McLaren agree to sell Applied technology division
McLaren have confirmed that a deal has been struck to sell their Applied technology division to investment group Greybull. This arm of the McLaren Group plays a pivotal role in Formula 1, supplying the ECU that is used in all of the power units. Despite the sale, McLaren did though confirm that the division will remain based at the McLaren Technology Centre, with the current management team still in place. In their statement, McLaren made it clear that the sale was part of their strategy to focus exclusively on supercar manufacturing and elite motorsport, raising further funds as part of their financial restructuring. Already £185m has been secured through the sale of a 15% stake in...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Verstappen - Why Hamilton's British GP penalty...
Max Verstappen has called for "common sense" to be applied from...
3y ago from GPFans.com
Horner responds to Hamilton's ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
3y ago from PlanetF1.com
Horner responds to Hamilton ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
3y ago from PlanetF1.com
Hungarian Grand Prix: Starting grid with penalties...
Mick Schumacher is the only driver that has been hit with a penalty for...
3y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Three Ducati riders rode with ‘updated’ 2025...
A spokesperson for Ducati has revealed three of its riders raced at the...
1d ago from MotorsportWeek.c...
How Marc Marquez and Valentino Rossi share similar...
TNT Sports pundit Neil Hodgson says Marc Marquez can “manipulate”...
2d ago from MotorsportWeek.c...
Marco Bezzecchi: Aprilia MotoGP bike ‘doesn't...
Marco Bezzecchi says his Aprilia machinery "doesn't always...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX working to bring Kentucky Derby-style betting to...
This past weekend FOX produced its first IndyCar broadcast of a new...
2d ago from MotorsportWeek.c...
Ticket design for 109th Indianapolis 500 revealed
Indianapolis Motor Speedway has pulled back the curtain on the ticket...
3d ago from MotorsportWeek.c...
IndyCar’s FOX network debut increased viewership by...
FOX Sports has released viewership numbers for the opening round of the...
5d ago from MotorsportWeek.c...
IndyCar St. Petersburg – Race Results
The first race of the 2025 NTT IndyCar Series season took place on Sunday...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Meet Claire Schonborn, the engineer turned WRC...
No description available...
1d ago from Motorsport.com
WRC drivers follow F1 in statement to FIA president
World Rally Championship drivers have penned a strongly-worded statement...
1w ago from MotorsportWeek.c...
WRC drivers call on FIA president for “urgent...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta snubs question from reporter regarding...
No description available...
1h ago from SportsKeeda.com
Man United 1-1 Arsenal: Watch Mikel Arteta dash out of...
Arsenal manager Mikel Arteta storms out of his post-match interview when...
1h ago from SportsMole.co.uk
'He is our problem; they keep telling me' - Rio...
No description available...
21m ago from SportsKeeda.com
'Forget the Glazers or INEOS. We need to protest...
No description available...
21m ago from SportsKeeda.com
Comments
Hottest News
Marko's relentless assessment of Hamilton: 'Not at...
Helmut Marko, Red Bull Racing's chief advisor,... Read More »
2h ago from GPBlog.com
'I am the biggest hypocrite' - Vettel responds to criticism
Sebastian Vettel retired from Formula 1 at the... Read More »
2h ago from RacingNews365.com
Honda to take unexpected turn in exclusive deal with Aston...
Aston Martin are set to become a works team as of... Read More »
1h ago from GPBlog.com
