McLaren could mortgage its priceless collection of historic racing cars and its iconic McLaren Technology Centre headquarters in Woking in a bid to raise funds, according to the BBC
Like most manufacturers, McLaren has taken a financial hit during the coronavirus crisis, with both sales of its road cars and revenue from its Formula 1 team both taking a substantial hit.
The move comes after McLaren was reportedly rejected furlough support from the government for its 3,000-strong workforce after it was deemed that the company hadn’t explored enough fundraising options.
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