News Details
McLaren sells Woking headquarters to US real estate trust
The McLaren Group has agreed to sell its Woking industrial campus to US real estate investment trust Global Net Lease for £170 million. McLaren put the property on the market last year to shore up its finances following a significant downturn in revenue of its automotive and racing operations due to the global COVID-19 pandemic. The contract purchase price for the combined 840,000 square foot three property office and industrial site is £170 million, but includes a 20-year sale-leaseback deal that will allow McLaren to continue to operate out of its Woking headquarters. "We are excited to announce that this world-class facility will become part of the GNL portfolio," commented...
Full Story »
Full Story »
You May Also Be Interested In...
Alonso needs to improve 'trust level' in Alpine car
Fernando Alonso says he needs to better understand Alpine's A521,...
4y ago from F1i.com
Bottas ‘couldn't trust rear' amid worst dry Q3...
Valtteri Bottas says he lacked trust from the rear of his Mercedes W12...
4y ago from MotorsportWeek.com
Bottas “couldn’t trust the rear” of his Mercedes...
Valtteri Bottas says he “couldn’t trust the rear end” of his...
4y ago from Crash.net
Bottas laments Mercedes balance: I couldn't trust the...
Article To news overview © Mercedes Despite topping both practice...
4y ago from RacingNews365.com
Elsewhere On The Network
Popular On MGPToday.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
9h ago from Motorsport.com
Pedro Acosta owns up to qualifying “mess”, admits...
No description available...
8h ago from Motorsport.com
Marc Márquez seals seventh straight MotoGP...
t;li>Ducati rider extends world title lead to 175 pointsJorge Martín...
11h ago from TheGuardian.com
How Marc Marquez could seal the MotoGP world title at...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Alexander Rossi thrilled for ECR’s Milwaukee success...
No description available...
1h ago from Motorsport.com
Christian Rasmussen steals maiden IndyCar win after...
No description available...
3h ago from Motorsport.com
IndyCar Milwaukee – Race Results
The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...
4h ago from MotorsportWeek.c...
Christian Rasmussen storms to maiden IndyCar victory...
The penultimate round of the 2025 IndyCar season took place on Sunday,...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
3d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Relief for Arsenal with Bukayo Saka’s injury not as...
t;li>Forward hobbled off after scoring against LeedsØdegaard also...
6h ago from TheGuardian.com
Arsenal receive crucial update about Martin Odegaard...
Arsenal cruised past Leeds United on Saturday beating the newly promoted...
7h ago from CaughtOffside.com
Arsenal agree record deal to sign 16-year-old talent
Arsenal have had a very productive summer transfer window, and they have...
15h ago from CaughtOffside.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
2d ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton ‘named’ Lily Verstappen’s...
It's interesting, isn't it, living in a time when... Read More »
4h ago from GPFans.com
Yuki Tsunoda linked with shock F1 switch to Red Bull rivals
Yuki Tsunoda could be on the move after being... Read More »
8h ago from GPFans.com
Max Verstappen boasts Ferraris and Aston in supercar...
Max Verstappen is one of the most famous drivers... Read More »
5h ago from GPFans.com
