McLaren Group becomes McLaren Technology Group

moparnut

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From press release

McLaren announced Tuesday that the McLaren Group has changed its name to the McLaren Technology Group.

“The change represents an on-going shift at McLaren, as we increasingly develop into a diversified high-technology company, applying our unique innovation and technology to industries such as oil and gas, healthcare, pharmaceuticals, aviation and financial services”, the release says.

“Some time ago we set McLaren on a path of diversification, and as a result we are today far more than just a racing team. The McLaren companies now employ more than 3000 people, three-quarters of whom are not involved in motorsport,” said Ron Dennis CBE, Chairman and Chief Executive Officer of the McLaren Technology Group.

“Technology drives everything we do - creating the world's most advanced road cars, working with blue-chip companies to enhance their performance and their products, and/or developing the world's most robust electronic control systems. Our new name therefore reflects our ever-increasing focus on innovation and the creation of disruptive technologies that will have a positive and far-reaching impact.”

To facilitate McLaren Applied Technologies' planned growth, the company has submitted a planning application for the construction of a new 'applied technology centre' of 57,000 square metres (gross internal area), including additional aerodynamic research facilities, workshops, research and development space, offices, meeting rooms, teaching and training space, and vehicle preparation and assembly areas, thereby doubling the existing McLaren Technology Group footprint.





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