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 »
9mo 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...
9mo ago from Pitpass.com

McLaren's Woking headquarters has been sold

Article To news overview © McLaren McLaren's Technology Centre in Woking...
9mo ago from RacingNews365.com

McLaren headquarters sold to add short-term funds

The McLaren Group have sold their Woking headquarters to US-based...
9mo ago from PlanetF1.com

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

McLaren's iconic Formula 1 motorhome will disappear from the European...
9mo ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Bradley Smith ‘excited to be back’ in MotoE after...

The all-new WithU GRT RNF MotoE Team have officially unveiled their 2022...
3h ago from Crash.net

RNF Yamaha squad unveils 2022 MotoGP paint scheme

The re-branded RNF Racing MotoGP outfit have revealed the colours that...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

McLaughlin confirms iconic colours for 2022...

Scott McLaughlin will tackle the Indianapolis 500 for a second time in 2022
14h ago from SpeedCafe.com

Popular On TotalWRC.com

Sebastien Loeb rolls back the years to win the 2022...

Sebastien Loeb becomes the oldest winner of a WRC Rally by beating...

Loeb snatches Rally Monte Carlo victory for M-Sport

Sébastien Loeb became the oldest winner of an FIA World Rally...

Motorsport Monday: Issue 451 FREE to read now

The World Rally Championship exploded back into action last weekend, with...

Popular On GunnersToday.com

Borussia Monchengladbach's Denis Zakaria 'to cost less...

Borussia Monchengladbach midfielder Denis Zakaria is reportedly available...
31m ago from SportsMole.co.uk

Talks this week: Arsenal chasing late transfer swoop...

Arsenal are reportedly set to hold discussions over potential midfield...
51m ago from CaughtOffside.com

Arsenal target Dusan Vlahovic sent death threats and...

Dusan Vlahovic has been targeted by the Fiorentina fans and even had his...
2h ago from DailyStar.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.