Business News

NEOM McLaren Electric Racing moves to new home at Bicester Heritage

Published by
Nicky Godding

NEOM McLaren Electric Racing, competing as the NEOM McLaren Formula E Team in the ABB FIA Formula E World Championship, and as the NEOM McLaren Extreme E Team in Extreme E, will join over 45 motorsport and automotive businesses at Bicester Heritage’s unique motoring marina by moving its headquarters to the site.

McLaren Racing will open the next phase of its electric motorsport journey when it enters the 2022/2023 ABB FIA Formula E World Championship from Season Nine and the beginning of the Gen3 era in the pioneering all-electric race series. Formula E will join the McLaren Racing portfolio of Formula 1, IndyCar, Extreme E, and esports.

The company’s Formula E team has been formed through the acquisition of the Mercedes-EQ Formula E Team that has seen the reigning ABB FIA Formula E World Championship team transfer into the McLaren Racing family. The move into Formula E not only reflects McLaren’s commitment to EV motorsport but the aim to accelerate McLaren Racing’s sustainability journey and reach a new, more diverse global audience.

Daniel Geoghegan, Chief Executive of Bicester Motion, said: “McLaren’s expansion into another racing series like Formula E, is as unique as our site. We look forward to supporting them during this next phase of their development."

Ian James, Managing Director, NEOM McLaren Electric Racing added: “It’s an exciting time for the team and the sport. We are embarking on a new chapter, as part of the McLaren Racing family. Basing ourselves at the unique location of Bicester Heritage, we have the advantage of being surrounded by people who are as passionate about motorsport as we are.”

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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