News Details

Zero impact on F1 team from McLaren factory sale

McLaren F1 team principal Andreas Seidl is clear that the proposed sale of McLaren's HQ will have zero impact on its Formula 1 team. It isn't the first time that the sports car company have tried to raise a large chunk of cash since the pandemic. Plans have been revealed previously to mortgage the McLaren Technology Centre in Woking, whilst they also considered selling their collection of classic cars to raise funds. There was also talk of selling a stake in the F1 team, though the company did secure a £150 million loan from the National Bank of Bahrain. Now Sky News have reported that the McLaren HQ is at the focus of a cash-raising plan again with McLaren looking to raise up to £200m...
Full Story »
4mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Seidl plays down McLaren factory sale

Sep.12 Andreas Seidl has played down news that McLaren's iconic...
4mo ago from OneStopStrategy.com

McLaren put headquarters up for sale in fundraising...

McLaren has listed their famed Woking headquarters for sale in a bid to...
4mo ago from GrandPrix247.com

McLaren to put its £200m factory up for sale

McLaren is set to put its Formula 1 and automotive factories up for sale...
4mo ago from MotorsportWeek.com

McLaren planning sale and leaseback of Woking MTC

The McLaren Group is reportedly seeking a sale and leaseback of its...
4mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.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

Dixon leads Ganassi 1-2-3 in first IndyCar test of 2021

Six-time IndyCar champion Scott Dixon led his Chip Ganassi Racing...
1d ago from AutoSport.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

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...

Diego Costa offers himself to Premier League giants as...

Former Chelsea striker Diego Costa has offered himself to London rivals...
3h ago from CaughtOffside.com

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

Louise Quinn is no stranger to leaving clubs in strange and sometimes...
51m ago from News.ArseBlog.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.