News Details
McLaren planning sale and leaseback of Woking MTC
The McLaren Group is reportedly seeking a sale and leaseback of its Woking headquarters in a bid to further shore up its finances by approximately £200 million. McLaren, which raised capital earlier this year following the onslaught of the coronavirus pandemic, has mandated property agent Colliers to seek a buyer and leaseback deal for its Norman Foster-designed McLaren Technology Center. According to Sky News, the group has also appointed Goldman Sachs and HSBC to advise on a further equity raise and debt refinancing expected to take place next year, a strategy that could include the sale of a minority interest in McLaren Racing, the entity that oversees the F1 team. McLaren fears Racing...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren ‘seeking £200m' from sale of Woking HQ
McLaren Group are seeking a further financial boost by selling their...
5y ago from PlanetF1.com
McLaren hangs asking price of 200 million pound to...
The head office of McLaren is put up for sale. The team from Woking will...
5y ago from GPBlog.com
Schumacher reportedly making F1 debut at Mugello
Mick Schumacher is reportedly set for a drive in FP1 at the Tuscan Grand...
5y ago from GrandPrix247.com
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
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia ‘surprised but happy’ ahead of...
Francesco Bagnaia admitted he was “surprised but happy” about the...
1d ago from MotorsportWeek.c...
Fabio Quartararo reveals Yamaha is still “missing...
Fabio Quartararo revealed Yamaha was still “missing quite a lot” from...
2d ago from MotorsportWeek.c...
Why the numbers show Aprilia’s threat to Ducati is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
4d ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
1w ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
On this day in 1995, Colin McRae became the UK’s...
No description available...
1d ago from Motorsport.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
4d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal’s Eberechi Eze finds own plane just above...
England forward has made a good start to his Emirates career but this...
5h ago from TheGuardian.com
Mikel Arteta press conference following Arsenal 4-1...
Arsenal moved six points clear at the top of the Premier League with a...
5h ago from CaughtOffside.com
Eberechi Eze adds an ‘aura’ to Arsenal, says...
t;li>‘When a player has such a talent, these things happen’Frank...
6h ago from TheGuardian.com
Eze's brilliant hat-trick sinks Spurs as Arsenal go...
Eberechi Eze scored a sensational hat-trick as Arsenal moved six points...
7h ago from SkySports.com
Comments
Hottest News
Aston Martin issue emotional statement as star officially...
Aston Martin F1 team issued an emotional... Read More »
8h ago from GPFans.com
Adjusted 2025 F1 championship standings after double...
Check out the full F1 championship standings... Read More »
16h ago from RacingNews365.com
Norris admits McLaren 'didn’t get that balance right' at...
Having been disqualified from the Las Vegas Grand... Read More »
1h ago from F1Technical.net
