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Red Bull F1 denied access to Honda engines

There are four engine manufacturers in Formula 1: Ferrari, Honda, Mercedes-Benz, and Renault. Infiniti Red Bull Racing ended its marriage to Renault, got to the altar with Mercedes and then Mercedes backed out, couldn't even agree on a pre-nup with Ferrari, and Honda flat-out said, "No." At the moment that has left the four-time World Champions without an engine for next year, owner Dieter Mateschitz threatening to take his two teams and four cars out of the sport, and F1 honcho Bernie Ecclestone threatening to sue Mateschitz if he does. The Japanese company had turned down the idea because after a first year with some poor performances and a few public sour notes, it wants to get McLaren's cars running properly before it expands its operation. Now it seems some behind-the-scenes action of late has opened up channels between Red Bull and Honda, and the two are at least talking. Honda, though, still says such a deal is highly unlikely at best, and Red Bull says it will have something to say when something is done. It appears that McLaren chief Ron Dennis, however, has vetoed the idea. Ecclestone says Honda made a deal with the FIA that would allow Honda to supply two teams in its second year, but Honda gave Dennis veto rights over who the second team would be. For the same reason that Mercedes backed out and Ferrari only wanted to sell Red Bull year-old engines, Ecclestone says Dennis might view Red Bull as a competitor and doesn't want to risk two more cars getting in front of his own. If that's the case and Red Bull is going to remain in the sport, it might need to hit the flower shop and book a trip to Renault headquarters. Soon. Related Video:

McLaren Automotive posts first yearly profit

The automotive division of McLaren has just returned its first yearly profit, netting 4.5 million pounds ($7.5 million at today's rates) in pre-tax profit and 12.4 million pounds ($20.7 million) in operating profits on revenue of 285.4 million pounds ($478.1 million). McLaren is only expecting things to get better, too, with the announcement of the sub-650S P13 set to increase sales to 4,000 units per year. As for the brand's latest model, the 650S, there are already over 1,000 orders for the new coupe and convertible. The British brand will also offer a limited run of track-based P1 hypercars, although they'll only be available to the 375 fabulously wealthy customers who ordered the road-going version of the high-performance hybrid. Part of making money is reinvesting, which is why McLaren saw its research spending jump by 2.5 million pounds ($4.1 million) in 2013, to 70.6 million pounds ($118.2 million). Take a look below for the official press release from McLaren. McLAREN AUTOMOTIVE ON TARGET FOR LONG-TERM SUCCESS Jun 4, 2014 Key information: Profit before tax - GBP4.5m Operating profit - GBP12.4m Turnover - GBP285.4m (up from GBP266.6m) Investment in future models - GBP70.6m (up from GBP68.1m) Turnover and profit both expected to grow in 2014 McLaren Automotive's next model, codenamed P13, to go on sale during 2015 Limited run of track only McLaren P1™ hypercar confirmed for introduction in 2015 McLaren 650S international sales already strong – more than 1000 orders received McLaren Automotive made both an operating and pre-tax profit for the first time in 2013, during only its third year of car production. This is a significant achievement for an independent British car company operating in such a highly competitive global market. McLaren Automotive's improved profitability proves the company's longer term business model, which is able to invest continuously in R&D in order to develop and sell the world's most exciting and technologically advanced high performance cars. McLaren Automotive has also confirmed that its next all-new sportscar, codenamed P13, will be available before the end of 2015 and will take its range into a lower price-point - making McLaren more accessible, while retaining its commitment to excellence, performance and innovation. P13 will be a comfortable, usable, and beautiful mid-engined two seater sportscar, built around a carbon fibre chassis.

McLaren rolls out new competition-spec 650S GT3

When McLaren rolled out its new 650S, we knew it would only be a matter of time before it would completely replace the 12C altogether. And that would include the racing version – not least because McLaren officials told us as much. And with the Goodwood Festival of Speed now getting underway in the UK, Woking's GT racing division has revealed its new GT3-spec racer. The new McLaren 650S GT3 benefits from several key upgrades over the MP4-12C GT3 that's been competing for the past three seasons in racing series like the Blancpain Endurance Series and GT Asia championship – both of whose standings it currently leads – as well as the Pirelli World Challenge, European Le Mans Series and countless local racing series. For starters, McLaren gave its GT racer a new face that not only more closely resemble the 650S (which, like the previous GT3, is also based on the 12C's chassis) but, along with the rest of the revised bodywork (and some rather intriguing-looking wing mirrors), is also more aerodynamically efficient to provide more downforce, better cooling and less drag. McLaren says the 650S GT3 also has a wider track, revised suspension geometry and will cost privateer teams less to run in whichever series they choose thanks to more robust components and a powertrain that can run longer between rebuilds. The cockpit has also been updated to make it more accommodating for drivers who often have to run it over long distances around the clock. McLaren's familiar 3.8-liter twin-turbo V8 provides the motivation, mated to a six-speed competition-spec sequential gearbox. But while the same engine produces 641 horsepower in road-going spec, the FIA's Balance of Power regulations mandate it be limited to 493 hp. That actually makes it the least powerful model McLaren makes, but then, of course, the same regulations apply to all the cars against which it will be competing, so customer teams will be counting on the other revisions to help them stay at out ahead of GT3-spec versions of models like the Porsche 911 GT3, Aston Martin V12 Vantage, Mercedes-Benz SLS AMG, Ferrari 458 Italia and Bentley Continental GT. McLaren GT says it plans to build 15 examples in time for the start of next season, each selling for GBP330,000 (before tax, or about $560k). However, teams already running the current 12C GT3 will have the opportunity to upgrade theirs to 650S spec as well. Scope out the full details in the press release below.