News Details
McLaren agree to sell Applied technology division
McLaren have confirmed that a deal has been struck to sell their Applied technology division to investment group Greybull. This arm of the McLaren Group plays a pivotal role in Formula 1, supplying the ECU that is used in all of the power units. Despite the sale, McLaren did though confirm that the division will remain based at the McLaren Technology Centre, with the current management team still in place. In their statement, McLaren made it clear that the sale was part of their strategy to focus exclusively on supercar manufacturing and elite motorsport, raising further funds as part of their financial restructuring. Already £185m has been secured through the sale of a 15% stake in...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Verstappen - Why Hamilton's British GP penalty...
Max Verstappen has called for "common sense" to be applied from...
4y ago from GPFans.com
Horner responds to Hamilton's ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
4y ago from PlanetF1.com
Horner responds to Hamilton ‘gamesmanship'
Christian Horner thought Lewis Hamilton had applied a touch of...
4y ago from PlanetF1.com
Hungarian Grand Prix: Starting grid with penalties...
Mick Schumacher is the only driver that has been hit with a penalty for...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller has “options outside of Yamaha” as...
No description available...
19h ago from Motorsport.com
Francesco Bagnaia will find his championship-winning...
No description available...
21h ago from Motorsport.com
Aleix Espargaro out of MotoGP Hungarian GP after...
No description available...
20h ago from Motorsport.com
Fabio Quartararo wants to test Yamaha’s V4 MotoGP...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
20h ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
1d ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
1d ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
20h 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
Collymore's column: Eberechi Eze, Alexander Isak...
In his exclusive column for CaughtOffside, former Liverpool striker Stan...
1h ago from CaughtOffside.com
'Makes a lot of sense' – Collymore reacts to...
In the last 48 hours, Arsenal have beaten north London rivals Tottenham to...
1h ago from CaughtOffside.com
£45m bid prepared: Crystal Palace to attempt hijack...
Crystal Palace are reportedly preparing to launch a transfer bid worth a...
3h ago from CaughtOffside.com
Report: Crystal Palace considering £30m move for...
Jakub Kiwior’s Arsenal future looks increasingly uncertain, with...
2h ago from FreshArsenal.com
Comments
Hottest News
F1 Silly Season: Colapinto out at Alpine? Schumacher in at...
No description available... Read More »
1h ago from GrandPrix247.com
Ex-F1 team could return as 12TH competitor on the grid
A former F1 team could be set for a stunning... Read More »
1h ago from GPFans.com
Ford all set to launch Red Bull takeover
Ford are beefing up their involvement in Formula... Read More »
3h ago from GPFans.com
