Seidl plays down McLaren factory sale

SEPTEMBER 12, 2020

Seidl plays down McLaren factory sale

Andreas Seidl, Mexican GP 2019
© RV Press

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."

(GMM)

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