Mercedes’ plan to expand its Formula 1 factory in Brackley has been given the green light by the local council.
West Northamptonshire council have said the £70 million investment would lead to “significant economic development benefits” for the town.
The Local Democracy Reporting Service (LDRS) said the Northamptonshire-based F1 team has plans to expand their operations over the next five years, which will also see the workforce increase from 1,400 to 1,900 people.
Team Principal and CEO of the Mercedes-AMG PETRONAS F1 Team, Toto Wolff explained:
“Our campus was originally built to accommodate 350 people. Today, we are at 1,250. The development of the campus over the last five years was done at an astonishing pace. Now, what we are planning to do is to expand with multiple new buildings and creating a modern style campus. There will be breakout areas, restaurants, and a state-of-the-art gym and marketing building.”
Mercedes’ expansion plan was announced in May last year and include an investment of £70 million. In a statement issued back then, Mercedes said: “The team’s Net Zero targets sit at the heart of the plans, with power to come from 100% renewable energy via onsite and offsite sources, while a new, relocated car park – which will make the campus a pedestrian zone – is set to incorporate a full solar array.”
Development Manager for Mercedes-AMG F1, Ian Smith said:
“Our current site does not meet the future ambitions of the company moving forward. We need to make significant investment in our site and create a world-class campus which ensures that we not only attract the highest calibre of staff but also attract and retain sponsors.”
The council have said Mercedes will have to fulfil two conditions relating to the construction methods plan and the car park management plan before any construction work can finally start.