McLaren wants to sell (then rent) its beautiful headquarters



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McLaren’s headquarters in England is possibly one of the most beautiful automotive facilities in the world.

And now, you can own it.

Yes, sadly, the supercar maker and Formula One constructor has just put their Woking headquarters up for sale.

McLaren is selling its beautiful HQ image for PhP 12.4B

Although McLaren is doing very well in Formula 1, the same cannot be said for the financial situation of the company. The British brand has announced that its beautiful Woking headquarters have just been put up for sale for 200 million pounds sterling (12.4 billion Philippine pesos).

McLaren’s plan to sell its headquarters is part of the company’s latest attempts to raise additional funds and ensure continued business operations even amid the pandemic that forces a drop in sales. For reference, the McLaren headquarters is comprised of 84 hectares of landscaped grounds and includes the iconic McLaren Technology Center with an artificial lake, the McLaren Production Center and the McLaren Thought Leadership Center.

McLaren is selling its beautiful HQ image for PhP 12.4B

Don’t worry though, McLaren says they don’t really want to go anywhere, even if their beautiful headquarters are sold. The company plans to immediately lease the property to the new buyer. Effectively, this will convert them from landlords to tenants of the highly specialized location. The company subsequently said that the possible change of ownership will have no effect on McLaren’s day-to-day operations.

“The possible sale and leaseback of our global headquarters and the appointment of banks to advise us on a debt refinancing and capital increase are part of the comprehensive refinancing strategy that we announced earlier this year. Building on the short-term measures we implement over the summer, these initiatives will generate a stronger balance sheet and ensure that the McLaren Group has a sustainable platform for long-term growth and investment, ”said a McLaren Group spokesperson.

McLaren is selling its beautiful HQ image for PhP 12.4B

If you have PhP 12.4 billion to spare and are on the real estate market, why not buy one of the most beautiful auto headquarters in the world? You can rent it from McLaren or you can make your Bond villain dream come true.

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