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 »
5y 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...
5y 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...
5y 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...
5y ago from GrandPrix247.com

Bottas seeking to address 'disturbance' during race...

Valtteri Bottas has admitted that he needs to work on his race starts,...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP announces Qatar round postponed until November

MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...

Popular On IndyCarToday.com

Kyle Kirkwood’s surprise lunge on Alex Palou...

Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...

Rough and tumble weekend dampens Josef Newgarden’s...

Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Tim Sherwood makes prediction on Carabao Cup final...

Tim Sherwood has backed Manchester City to beat Arsenal in the Carabao Cup...
1h ago from SportsKeeda.com

Supercomputer predicts final top four and relegated...

A supercomputer has predicted the results of the Premier League this...
1h ago from SportsKeeda.com

Gary Neville makes feelings clear about Arsenal...

Manchester United legend Gary Neville has praised Arsenal for keeping Max...
2h 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.