Tuesday, June 23, 2020

McLaren takes legal action in battle to refinance team - Motorsport.com

The action concerns existing security held over the Woking facilities and the collection of heritage McLaren racing cars in relation to a previously issued bond.
In essence, the McLaren Group wants that security released so some of its key assets can be used to raise around £280m that it needs in the next few weeks to secure its long term future.
McLaren's arguments in favour of a speedy ...Keep reading

Read more: McLaren takes legal action in battle to refinance team - Motorsport.com

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