McLaren F1 moving site

McLaren F1 moving site

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rev-erend

Original Poster:

21,516 posts

290 months

Wednesday 26th April 2023
quotequote all
Don't know if anyone else has heard but McLaren F1 are moving back to their old site.

Seems a bit of a big staff effort during the racing season.

Can't help but think it will not exactly help them get back to the front of the field.

PhilAsia

4,504 posts

81 months

Wednesday 26th April 2023
quotequote all
rev-erend said:
Don't know if anyone else has heard but McLaren F1 are moving back to their old site.

Seems a bit of a big staff effort during the racing season.

Can't help but think it will not exactly help them get back to the front of the field.
Poyle Trading Estate in Colnbrook? biggrin

rdjohn

6,333 posts

201 months

Thursday 27th April 2023
quotequote all
I would guess that this is simply a made-up - click-bait story that needs to be ignored until you read it in a source that actually employs journalists.

They already have a lease-back on the MTC.

Big Nanas

1,864 posts

90 months

Thursday 27th April 2023
quotequote all
I live near the MTC and their old site (a trading estate in Shearwater) doesn't really have the space required for the entire team. They still do have two other properties in Sheerwater also.
Part of the trading estate has been converted into Apartments, so I really can't see logistically how that would work.

vaud

51,812 posts

161 months

Thursday 27th April 2023
quotequote all
https://www.motorsportmagazine.com/articles/single...

This seems more possible, at least for some functions. Saudi has very very deep pockets...

Big Nanas

1,864 posts

90 months

Thursday 27th April 2023
quotequote all
Plus, thinking about this more, they've just installed their new wind tunnel at the MTC, they're not just going to abandon that!

LukeBrown66

4,479 posts

52 months

Thursday 27th April 2023
quotequote all
I understand it will be linked to car productivity, the F1 team takes up valuable space. they fave a few models now and demand is high.

Jon39

13,230 posts

149 months

Thursday 27th April 2023
quotequote all

LukeBrown66 said:
I understand it will be linked to car productivity, the F1 team takes up valuable space. they have a few models now and demand is high.

I am intrigued by your comment 'demand is high'

It was noticeable that companies trying to impress, stated percentage increases from 2020 to 2021.
Sensible companies provided a more relevant comparison, eg. 2019 to 2021.
For most business sectors, while the world was coping with the pandemic in 2020, obviously figures were low.

Monthly UK new registrations for McLaren, have for a while been very low.
Profitability - has there ever been any? Not during the past 5 years.

Sales numbers is 2020 reduced considerably, for obvious reasons.
In 2021, instead of a 'bounce back', the number reduced further.
No accounts published yet for 2022.

Selling their car collection seemed a strange action.
( It was announced that after the sale, it would continue on display as before. )








TikTak

1,718 posts

25 months

Thursday 27th April 2023
quotequote all
One of my mates working in their IT team and he said he hadn't heard anything like that (assuming it would need to have that infrastructure sorted to do so) so if they are it'll be super early thoughts.

dazm

158 posts

180 months

Thursday 27th April 2023
quotequote all
It's not everyone, just the Composites production facilities, moving back into unit 2 (now called MRC). The rest of the team are staying at the MTC.

mat205125

17,790 posts

219 months

Thursday 27th April 2023
quotequote all
PhilAsia said:
rev-erend said:
Don't know if anyone else has heard but McLaren F1 are moving back to their old site.

Seems a bit of a big staff effort during the racing season.

Can't help but think it will not exactly help them get back to the front of the field.
Poyle Trading Estate in Colnbrook? biggrin
Remuera, New Zealand? wink

PhilAsia

4,504 posts

81 months

Thursday 27th April 2023
quotequote all
mat205125 said:
PhilAsia said:
rev-erend said:
Don't know if anyone else has heard but McLaren F1 are moving back to their old site.

Seems a bit of a big staff effort during the racing season.

Can't help but think it will not exactly help them get back to the front of the field.
Poyle Trading Estate in Colnbrook? biggrin
Remuera, New Zealand? wink
Trumped! biggrin

rev-erend

Original Poster:

21,516 posts

290 months

Thursday 27th April 2023
quotequote all
Sorry, thinking about it. It's just race composites.

thegreenhell

16,821 posts

225 months

Thursday 27th April 2023
quotequote all
vaud said:
https://www.motorsportmagazine.com/articles/single...

This seems more possible, at least for some functions. Saudi has very very deep pockets...
I'd say the likelihood of being able to tempt a team of 1000 people to relocate to the desert is approximately zero, and it's not a problem they can solve with money in the cost cap era.

vaud

51,812 posts

161 months

Thursday 27th April 2023
quotequote all
thegreenhell said:
vaud said:
https://www.motorsportmagazine.com/articles/single...

This seems more possible, at least for some functions. Saudi has very very deep pockets...
I'd say the likelihood of being able to tempt a team of 1000 people to relocate to the desert is approximately zero, and it's not a problem they can solve with money in the cost cap era.
I didn't say that, I said some functions.

CFD modelling for example, or marketing, etc. Don't need to pay more when it is tax free.

thegreenhell

16,821 posts

225 months

Thursday 27th April 2023
quotequote all
It's what the linked article said.

And they'd have to pay a damn sight more than just a tax-free inducement to get a lot of people to move there.

ridds

8,279 posts

250 months

Thursday 27th April 2023
quotequote all
The may get some youngsters out there but anyone with partners, families etc....

Absolutely no chance.

There's a reason the Carbonfibre Triangle (and a bit) exists.

Sandpit Steve

11,230 posts

80 months

Thursday 27th April 2023
quotequote all
thegreenhell said:
vaud said:
https://www.motorsportmagazine.com/articles/single...

This seems more possible, at least for some functions. Saudi has very very deep pockets...
I'd say the likelihood of being able to tempt a team of 1000 people to relocate to the desert is approximately zero, and it's not a problem they can solve with money in the cost cap era.
They’d have half a chance at setting up an operation in Dubai, where there are plenty of international schools and something of a social life - but no chance in Saudi, where only massive salaries work as an inducement, something that’s a little tricky under the cost cap regime.

That said, they do have massive ambitions there, and Dubai was a very different place 15 years ago to what it is now.

Policing a cost cap there might be fun too, with much more interconnection between government and private sector than would be seen in Europe. What’s the fair price for rent of the land, for electricity supplied by the local grid, or for the apartments and villas occupied by the staff and their families - all of which would be money paid to various government-owned or local-owned entities.