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McLaren has resources to return to front amid plans to sell F1 factory
McLaren Racing CEO Zak Brown says he is confident his team has the resources in place to return to the front of the Formula 1 grid amid plans to sell its Woking factory. Check out the Crash F1 YouTube channel - CLICK HERE
The McLaren Group is looking to sell their McLaren Technology Centre and lease it back in order to boost its cashflow and shore up their finances, having already secured a £150m loan with the National Bank of Bahrain earlier this year. Speaking on Friday ahead of the Tuscan Grand Prix, McLaren team principal Andreas Seidl stressed the sale of the outfit’s headquarters would have no impact on its F1 operation. “We have a good five-year business plan for this next era...
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