News Details

McLaren sells factory for huge amount to American real estate company

At McLaren, it was already known in 2020 that they had suffered major financial damage due to the corona crisis. Last year, part of the shares were sold to American investors and now McLaren has taken the next step. The iconic factory with a futuristic look has been sold for a huge amount, but McLaren will continue to produce there. For almost 200 million euros McLaren has sold the factory to the American Global Net Lease, reports Motorsport.com. The deal was recently announced and is now being finalized. Part of the deal is that McLaren leases the building of almost 80000 square meters, so they do not have to move. Read more Mercedes deliberately chooses the underdog role: 'Then Red Bull...
Full Story »
2w ago from GPBlog.com 0
Share

You May Also Be Interested In...

McLaren sells MTC for £170m

McLaren has sold its iconic Woking HQ to American real estate giant Global...
2w ago from Pitpass.com

McLaren's Woking headquarters has been sold

Article To news overview © McLaren McLaren's Technology Centre in Woking...
2w ago from RacingNews365.com

McLaren headquarters sold to add short-term funds

The McLaren Group have sold their Woking headquarters to US-based...
2w ago from PlanetF1.com

McLaren's iconic F1 motorhome to be downsized at...

McLaren's iconic Formula 1 motorhome will disappear from the European...
3w ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez: It's very difficult to control when the...

Fabio Quartararo has undergone arm pump surgery following Jerez, while...
14h ago from Crash.net

MotoGP Gossip: Lorenzo calls Rossi ‘slow’ and...

Jorge Lorenzo has never been one to hold anything back whether during or...
1d ago from Crash.net

Popular On IndyCarToday.com

VIDEO: McLaughlin's Texas race radio

Listen to Scott McLaughlin's race radio from his second place finish at...
3h ago from SpeedCafe.com

No Indy 500 setbacks for Foyt due to Texas crashes

AJ Foyt Racing will not be in a bind for this month’s Indianapolis 500,...

Popular On TotalWRC.com

Tänak's Rally Croatia asphalt conundrum

Ott Tänak is searching for answers, after Rally Croatia offered up issues...

M-Sport Ford Confirm Fourmaux for Portugal

Adrien Fourmaux is to again steer M-Sport's second Ford Fiesta WRC in...

Popular On GunnersToday.com

Mikel Arteta agrees with Lee Dixon's damning take on...

Mikel Arteta says Lee Dixon is right that it could take Arsenal years to...
3h ago from DailyStar.co.uk

Arsenal eye £7m deal for Ajax goalkeeper Andre Onana?

Arsenal reportedly revive their interest in signing Ajax goalkeeper Andre...
2h ago from SportsMole.co.uk

Arsenal 'have no plans to sack Mikel Arteta before...

Arsenal reportedly have no immediate plans to sack head coach Mikel Arteta...
3h ago from SportsMole.co.uk

UEFA reveal sanctions for nine clubs that left ESL as...

UEFA have officially began the reintegration process for nine of the 12...
8h 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.