News Details
McLaren agree to sell MTC in £170m leaseback deal
McLaren has agreed to sell its Woking-based factory, the McLaren Technology Centre, to American firm Global Net Lease for £170 million. The deal, which has been in negotiations for months, was announced on Tuesday and will see the MTC leased back to the team in a 20-year deal. “We are excited to announce that this world-class facility will become part of the GNL portfolio,' GNL CEO James Nelson said. 'The McLaren Group Headquarters' state of the art buildings have won numerous awards, were designed by renowned architect Norman Foster, and are the type of mission-critical, net-leased properties that make up the GNL portfolio. 'We are very pleased to have been able to collaborate and work...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren sells MTC for £170m
McLaren has sold its iconic Woking HQ to American real estate giant Global...
4y ago from Pitpass.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 agree £170m deal for Technology Centre
Ian Parkes Tuesday 20 April 2021 13:10 McLaren Group has agreed a...
4y ago from GPFans.com
Sprint races won't sell more F1 tickets –...
Apr.16 French GP official Eric Boullier is not convinced ‘sprint...
4y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
2h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
4h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
22h ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
22h ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
1d ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Safari Rally Kenya will be more of a lottery than...
No description available...
3h ago from Motorsport.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
22h ago from Motorsport.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
1d ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arteta told he has 'brave decision' to make after...
Arsenal manager Mikel Arteta has been told that he may have a 'brave...
54m ago from CaughtOffside.com
Report: Liverpool alerted as Premier League star made...
Liverpool are reportedly one of the clubs to have been alerted to the...
1h ago from CaughtOffside.com
Winless in six games - what went wrong for PL clubs in...
English clubs were riding high in Europe heading into this week's last-16...
1h ago from SkySports.com
Arsenal hold initial talks with 60 million defender on...
Arsenal have reportedly taken early steps toward a potential move for RB...
1h ago from CaughtOffside.com
Comments
Hottest News
Fred Vasseur claims 'Ferrari would have won F1 title' if...
Ferrari team principal Fred Vasseur has pointed... Read More »
4h ago from GPFans.com
Max Verstappen found a genius hack to cope with F1's...
He may well have been joking, but with Max... Read More »
54m ago from GPFans.com
Aston Martin gets testy over Honda battery questions in...
As Aston Martin and its engine partner Honda sat... Read More »
3h ago from F1i.com
