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Ceres Power Holdings PLC apppoints former McLaren tech chief as new CTO
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Proactive news headlines: finnCap Group PLC, Panther Metals PLC, Ceres Power Holdings PLC, Union Jack Oil plc
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McLaren Sells Its Applied Technology Division For Undisclosed Sum
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Saudi state fund buys McLaren stake in £550m deal
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RM Sotheby’s on July 17.
The auction will take place on the Saturday afternoon of the British Grand Prix immediately before the sport debuts its first-ever Spring Qualifying race. This sale marks the first time that any F1 car driven by Lewis Hamilton has been offered to the public for sale. Interestingly, the auction house says the car will be lapping the circuit during the bidding and pre-auction estimates indicate it will sell for between $5 million and $7 million.
It is unclear just how many 2010 McLaren MP4-25A F1 cars are privately owned but RM Sotheby’s says “it’s believed to be only a scarce few.”