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 »
4mo ago from F1i.com 0
Share

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...
4mo 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...
4mo 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...
4mo 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...
4mo ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati extends MotoGP deal until 2026

No description available...
38m ago from Motorsport.com

Suzuki test rider Guintoli joins Yoshimura SERT for...

Get MotoGP news in your inbox! By signing up to the newsletter you agree...
1h ago from Crash.net

Yamaha: Rossi's move 'won't change much the way we...

Get MotoGP news in your inbox! By signing up to the newsletter you agree...
21h ago from Crash.net

Espargaro will be 'super nervous' ahead of first Honda...

Pol Espargaro reckons he will be "super nervous" ahead of his...
1d ago from AutoSport.com

Popular On IndyCarToday.com

Andretti duo fastest in IndyCar test

Andretti Autosport on top in Sebring test
6h ago from SpeedCafe.com

Rossi tops second day of Sebring IndyCar test and...

Alexander Rossi finished on top after a second day of IndyCar testing on...
1h ago from AutoSport.com

De Silvestro's Team Penske tie up

Ex-Supercars full-timer's 'incredible opportunity' for Indy 500
12h ago from SpeedCafe.com

Popular On TotalWRC.com

PREVIEW: 2021 FIA World Rally Championship –...

The 2021 FIA World Rally Championship gets underway this weekend in Monte...
16h ago from TheCheckeredFlag...

Ogier expects wide open final WRC season

No description available...
18h ago from Motorsport.com

SEASON REVIEW: 2020 FIA World Rally Championship...

Steven Batey looks back at a unique 2020 FIA World Rally Championship...
23h ago from TheCheckeredFlag...

Popular On GunnersToday.com

‘I didn't get to finish this crazy journey I...

Louise Quinn is no stranger to leaving clubs in strange and sometimes...
1h ago from News.ArseBlog.com

Opinion: Chelsea's Lampard and Arsenal's Arteta...

The old saying that you should ‘never go back' is ringing...
1h ago from CaughtOffside.com

Do Arsenal need a midfielder?

Morning all. Some transfer rumours are amusing, as the chances of Arsenal...

Inter Milan join lengthy list of clubs interested in...

Inter Milan have joined the race to sign Arsenal midfielder Lucas...
3h ago from CaughtOffside.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.