Eurotrack

Expansions

Report: McLaren to invest £450m in Woking technology centre

· updated

Location
Woking (Surrey) · 🇬🇧 United Kingdom
Company
McLaren Automotive
Sector
Automotive
Investment
£500m
New jobs
+1,000

Reported stage (consistently by London Loves Business and Eastern Eye, 9 September 2026; no McLaren release found): McLaren Automotive announced a GBP 450 million investment in its Woking technology centre expected to create around 1,000 new jobs (direct, indirect and agency) — roughly a 40% increase on today's workforce of about 2,500. The investment is part of a product offensive under new majority owner CYVN Holdings (Abu Dhabi), which had previously pledged USD 2 billion over five years for the turnaround. Update (16.09.2026): The investment was officially confirmed at a larger scale: McLaren cites around £500m to 2032 for vehicle assembly, its first in-house engine manufacturing in the UK and an expansion of the Composites Technology Centre in South Yorkshire, alongside its Woking site and a new UK factory whose location is still open; around 1,000 jobs are to be created by 2032 (London Loves Business, 16.09.2026: https://londonlovesbusiness.com/mclaren-plans-500m-uk-investment-and-1000-jobs-in-industrial-expansion/).

Source: londonlovesbusiness.com ↗ · Archived copy ↗

Further sources: londonlovesbusiness.com (16 Sep 2026) ↗ (Archived copy ↗)

Evidence: one source · based on reports (not independently confirmed) · archived copy saved · How well sourced is Eurotrack?

✉ Report an error

More from: 🇬🇧 United Kingdom

Open in the tracker →