The McLaren Group, owner of the eponymous Formula One team racing in today's Hungarian Grand Prix, has taken on debt for the first time in five years to fund its new factory where its new "super car" will be built. McLaren secured the loan of more than £40m from HSBC to pay for the new factory on its site in Woking, Surrey, which will employ 300 people. McLaren Automotive is planning to start production of the new MP4-1C, a car which will cost up to...
Full Story: The Independent
