News Details
McLaren headquarters sold to add short-term funds
The McLaren Group have sold their Woking headquarters to US-based investors, and their facility will then be leased back to the team moving forward. The McLaren Technology Centre had been on the market for several months, with property company Global Net Lease paying £170million for the 840,000 square foot area. McLaren will now operate on a leaseback deal on their headquarters for the next 20 years at least, which will add funds to the team in the short-term after they lost significant revenue in 2020 due to the COVID-19 pandemic. 'We are excited to announce that this world-class facility will become part of the GNL portfolio,' said James Nelson, CEO of Global Net Lease. 'The McLaren...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
McLaren sells Woking headquarters to US real estate...
The McLaren Group has agreed to sell its Woking industrial campus to US...
4y ago from F1i.com
US-based GNL agrees £170m deal to purchase McLaren...
US-based Global Net Lease (GNL) has agreed a £170 million deal to...
4y ago from MotorsportWeek.com
McLaren's Woking headquarters has been sold
Article To news overview © McLaren McLaren's Technology Centre in Woking...
4y ago from RacingNews365.com
Seidl: Several of our competitors have taken a step...
Andreas Seidl has urged his McLaren colleagues to remain 'focused'...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP breaks attendance records in 2025; only two...
No description available...
15h ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
1d ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
1d ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
13h ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
3d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Unbelievable' – Arsenal star earns special...
Arsenal goalkeeper David Raya has earned big praise for a world class save...
9h ago from CaughtOffside.com
Arsenal dealt yet another injury blow right before the...
Arsenal have reportedly been dealt another injury blow, with Riccardo...
9h ago from CaughtOffside.com
Arsenal player ratings: Declan Rice shines despite new...
Arsenal returned to the top of the Premier League table with a 2-1 win at...
7h ago from CaughtOffside.com
'BEST save I've EVER seen!' Merse reacts to Raya's...
Paul Merson reacts to Arsenal's David Raya's incredible save to stop...
8h ago from SkySports.com
Comments
Hottest News
MotoGP: What does Repsol's new agreement mean for MotoGP?
Repsol will return to a major role in the MotoGP... Read More »
1h ago from F1Technical.net
Fernando Alonso vows to 'hit' F1 rival in Monaco
Two-time F1 champion Fernando Alonso has vowed to... Read More »
7h ago from GPFans.com
Shock Sauber move for Lewis Hamilton revealed
Sauber F1 founder Peter Sauber has revealed that... Read More »
6h ago from GPFans.com
