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 »
1y 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...
1y ago from Pitpass.com

McLaren's Woking headquarters has been sold

Article To news overview © McLaren McLaren's Technology Centre in Woking...
1y ago from RacingNews365.com

McLaren headquarters sold to add short-term funds

The McLaren Group have sold their Woking headquarters to US-based...
1y ago from PlanetF1.com

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

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar's top 10 drivers of 2022

The 2022 NTT IndyCar Series season saw nine different drivers earn wins as...

McLaren SP not out to copy and paste Team Penske

'All I would say is, I want to emulate Penske’s results'
1d ago from SpeedCafe.com

RLLR swaps Lundgaard, Harvey ahead of 2023 IndyCar...

Rahal Letterman Lanigan Racing has swapped Christian Lundgaard and Jack...
5d ago from SpeedCafe.com

Popular On TotalWRC.com

WRC unveils the 2023 season calendar

The 2023 WRC season calendar has been unveiled and it features two...

Popular On GunnersToday.com

Christian Pulisic 'keen to stay at Chelsea'

Chelsea attacker Christian Pulisic reportedly wants to stay at Stamford...
2h ago from SportsMole.co.uk

Liverpool 'reject chance to sign Brighton & Hove...

Liverpool reportedly reject the chance to sign Brighton & Hove Albion's...
8h ago from SportsMole.co.uk

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.