MX23RW : Tuesday, October 6 15:38:25| >> :600:118461:118461:

Seidl plays down McLaren factory sale

Seidl plays down McLaren factory sale
© Reuters
Andreas Seidl has played down news that McLaren's iconic headquarters will be sold.

Andreas Seidl has played down news that McLaren's iconic headquarters will be sold.

Reports this week claimed that the Woking based team could raise over $250 million by selling its striking McLaren Technology Centre and then leasing it back from the new owner.

The reports said McLaren might also sell a minority stake of its F1 team.

Team boss Seidl said of the factory sale: "This will have no effect on the Formula 1 team. It is simply part of the refinancing strategy.

"The daily business of the F1 team will not be affected."

ID:413998:

Click here for more stories about Andreas Seidl

Click here for more stories about McLaren

Share this article now:
Did you know...?
McLaren's Carlos Sainz pictured at the British Grand Prix in August 2020
Read Next:
Sainz urges 'calm' to avoid 'dangerous' qualifying
>
Latest Sports Video
Read more about Andreas Seidl Formula 1

rhs 2.0
National League
National League North
National League South
Scottish League Cup
EFL Trophy
Welsh Premier League
Eerste Divisie
Uruguayan Primera Division
NFL

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!