News Details
McLaren raises more funds with sale of Applied tech unit
The McLaren Group continues its push to shore up its financials, having agreed to sell its Applied technology division to a private investment group. McLaren Applied which specializes in electrification, telemetry, analytics and control, and which supplies the standard ECU used in F1's power units, has been acquired by London-based Greybull Capital. The move is part of the automotive group's financial turnaround that recently included a sale and lease back of its state-of-the-art McLaren Technology Center in Woking, a sale of £185 million minority stake in McLaren Racing, and a 550 million capital restructuring undertaken last month with several investors and existing shareholders,...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren agree to sell Applied technology division
McLaren have confirmed that a deal has been struck to sell their Applied...
4y ago from PlanetF1.com
McLaren agrees sale of technology division to increase...
McLaren Group has announced the sale of its Applied technology division to...
4y ago from GPFans.com
McLaren agrees sale of its technology business
The McLaren Group has agreed to sell its technology division, McLaren...
4y ago from MotorsportWeek.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
Who is Jonas Folger: A forgotten man returns to MotoGP
No description available...
1h ago from Motorsport.com
Johann Zarco tops second MotoGP practice at Le Mans,...
Johann Zarco continued Honda's Friday dominance to top the second MotoGP...
39m ago from MotorsportWeek.c...
Luca Marini leads the way in first Le Mans MotoGP...
Honda rider Luca Marini topped the timesheets in the opening MotoGP free...
5h ago from MotorsportWeek.c...
2026 MotoGP French Grand Prix – How to watch,...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Palou secures early advantage in first IndyCar...
The NTT IndyCar Series completed its first official session of the Month...
19m ago from MotorsportWeek.c...
Alex Zanardi: The man whose name is a synonym for...
No description available...
16h ago from Motorsport.com
Conor Daly tops Indy 500 test with 225mph lap on...
No description available...
16h ago from Motorsport.com
How to watch IndyCar 2026 Indy GP: Weekend schedule,...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
2h ago from Motorsport.com
WRC Portugal: Hyundai on top as overnight leader...
No description available...
3h ago from Motorsport.com
Oliver Solberg snatches early advantage in Portugal
Oliver Solberg made a strong start to Rally de Portugal, ending...
9h ago from MotorsportWeek.c...
Oliver Solberg grabs Rally Portugal lead as Hyundai...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
'We did not expect…' – Arteta on...
Arsenal manager Mikel Arteta has admitted to a 'difficult' situation with...
1h ago from CaughtOffside.com
'He can't counter attack at all' - Nicky Butt tells...
Manchester United legend Nicky Butt has advised Mikel Arteta to drop...
1h ago from SportsKeeda.com
Arsenal latest: 'Fair bit to do' - Timber and Merino...
No description available...
2h ago from SkySports.com
Comments
Hottest News
BREAKING: FIA announce ANOTHER F1 rule change after engines...
The FIA have tweaked their sporting regulations... Read More »
49m ago from GPFans.com
Ferrari F1 chief reveals 'advanced' FIA talks over old...
Ferrari CEO Benedetto Vigna has revealed that... Read More »
1h ago from GPFans.com
Honda set for extra lifeline as FIA tweaks F1’s ADUO...
The FIA has amended Formula 1’s 2026 power unit... Read More »
49m ago from F1i.com
