McLaren Is Selling Its Global Headquarters For $256 Million USD

But there’s a catch for the new owner.

By
Automotive 
24,164 Hypes 5 Comments

With its finances continuing to be adversely affected by the ongoing coronavirus, British supercar maker McLaren is looking for new ways to generate income, and its latest idea will give a McLaren fans a chance to own its global headquarters in Woking, but there’s a catch — the new owner will be contractually obligated to lease the facility back to the automaker.

The new sale has been commissioned by McLaren for Canadian real estate firm Colliers, which is now looking to sell its Woking headquarters for £200 million GBP, or $256 million USD, which as Autoblog points out is roughly 13 times as much as a 1994 F1 LM-Specification. The center is located an hour outside of London and spans across the McLaren Technology Center, the McLaren Production Center, and the McLaren Thought Leadership Center. It also includes a man-made lake, plenty of parking lots, and acre after acre of open field. Unfortunately for those who are interested in acquiring the automaker’s headquarters, specific details regarding the leasing agreement have not been made public, including how much it pays per month or how long you’ll have to lease the land to McLaren.

Elsewhere in the automotive world, Living Vehicle has built a $230,000 USD premium mobile home.

Read Full Article
Source
Autoblog

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

100 Users Online

What to Read Next

Supreme x Yohji Yamamoto Fall/Winter 2020 Collection
Fashion

Supreme x Yohji Yamamoto Fall/Winter 2020 Collection

Featuring original artwork from Sancheeto, Peter Saville and Yuuka Asakura.

Sean Wotherspoon Teases adidas Originals ZX 8000 "SUPEREARTH"
Footwear

Sean Wotherspoon Teases adidas Originals ZX 8000 "SUPEREARTH"

Sporting plenty of color, fabrics, and embroidered details.

TIGHTBOOTH FW20 Is a Vibrant Medley of Oversized Outerwear
Fashion

TIGHTBOOTH FW20 Is a Vibrant Medley of Oversized Outerwear

Spanning corduroy overalls, ski jackets and velvet hoodies.


adidas Spezial Taps New Order For Second FW20 Drop
Fashion

adidas Spezial Taps New Order For Second FW20 Drop

We speak exclusively to curator Gary Aspden.

Everything Dropping at Palace This Week
Fashion

Everything Dropping at Palace This Week

Featuring the Ballistic Jacket, Warm Mit Tech Polartec Hoodie and matching Vest.

T.I. Charged by SEC With Promoting Fraudulent Cryptocurrency
Music

T.I. Charged by SEC With Promoting Fraudulent Cryptocurrency

Agreeing to settle with a $75,000 USD “civil monetary penalty.”

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.

Help Support Us

We need ads to keep the lights on and to continue providing free news to our readers. We’d appreciate your support by whitelisting HYPEBEAST on your ad blocker. That way you can keep reading all the great stories for free.

If you have already whitelisted us, simply refresh this page. To find out how to whitelist us, click the button below.

Back

Add Us to Whitelist

We appreciate your support in allowing HYPEBEAST ads. Most ad blockers have similar whitelisting steps and settings. If you need assistance, please contact us.

Adblock Plus

  1. Click on the red ABP icon in the upper right corner of your browser.
  2. Click “Enabled on this site” to disable ad blocking for the current site. In Firefox click “disable on HYPEBEAST”.
  3. Refresh the HYPEBEAST page that you were viewing.

Adblock

  1. Click the AdBlock hand icon.
  2. Click “Don’t run on pages on this domain”.
  3. A new “Don’t run AdBlock on…” dialog may be displayed in the middle of the screen.
  4. Move the “Site” slider to the right. After that, click “Exclude”.
  5. Refresh the HYPEBEAST page that you were viewing.

uBlock

  1. Click the uBlock icon.
  2. Click the large blue “power” button in the menu that appears to whitelist the current website.
  3. Reload the HYPEBEAST page that you were viewing.

Firefox Browser

Firefox Tracking Protection may activate our whitelist notice, which can be disabled temporarily for a browsing session by clicking the shield icon in the URL bar and following the instructions.

Disconnect

  1. Click the Disconnect icon.
  2. Click “Whitelist site”.
  3. Refresh the HYPEBEAST page that you were viewing.