2017 Mclaren 570 Coupe 2d on 2040-cars

Auto blog

1997 McLaren F1 GT Longtail extends itself to Geneva

McLaren arrived in Geneva this year with not one, but two new variants of its superlative supercars: the track-bound P1 GTR and the new 675LT. But lest you forget that the latter is not the first long-tailed model to roll out of Woking, it also brought along an example of the original. The long-tailed McLaren F1 GT – and no, we're not missing an R at the end – was developed as a homologation special so that McLaren could field similarly extended F1 GTRs on the racing circuit. Only three examples were ever made: 54F1GT currently resides in Brunei. 58F1GT lives in Japan. But the final one – bearing the designation 56XPGT – was kept by the factory. That's the one you're looking at here, resplendent in dark metallic green and making a rare appearance at the 2015 Geneva Motor Show. Related Video: Featured Gallery 1997 McLaren F1 GT Longtail: Geneva 2015 View 22 Photos Related Gallery 2015 Geneva Motor Show Videos View 25 Photos Image Credit: Live photos copyright 2015 Drew Phillips / AOL Geneva Motor Show McLaren Coupe Supercars Classics 2015 Geneva Motor Show

McLaren gets a $185 million boost

DUBAI — British supercar manufacturer McLaren Group, which includes its Formula One team, has arranged a 150 million pound ($185.2 million) financing facility with the National Bank of Bahrain (NBB), the Gulf bank said on Monday. The COVID-19 pandemic has hit the company hard, with sales plunging during a factory shutdown. It announced 1,200 layoffs in May. "Final documentation has been signed and all the necessary approvals have been granted in relation to a ... 150 million (pound) financing facility," NBB said. Bahrain sovereign wealth fund Mumtalakat Holding Co is the majority shareholder in McLaren Group, with a 56% stake. Mumtalakat also holds a 44.06% stake in NBB while the government of Bahrain holds a 10.85% stake. McLaren's Formula One future was never in doubt despite the cash crisis, team principal Andreas Seidl said on Tuesday. "It was a tough period for the team, steering a team through these financial difficulties we were in," Seidl told reporters. "The positive news we had yesterday about the funding which is in place now, is I think an extra boost, an extra motivation for all of us who are fully focused again on what we like to do most and what we do best." McLaren was the first team to furlough staff, with drivers Lando Norris and Carlos Sainz also taking pay cuts, and the team also went through layoffs, a move that also reflects Formula One's 2021 budget cap. "With me and (McLaren Racing Chief Executive) Zak (Brown) having detailed knowledge of what was actually going on ... there was never a doubt of McLaren not being on the grid next year," said Seidl. The financial issues had not affected this season, he added, with regular performance upgrades planned. While some infrastructure projects had been put on hold, Seidl said he was pushing to get them going again although McLaren still had to be cautious due to uncertainty over how many races there would be and the impact on revenues. The German suggested some headlines that triggered alarm, with talk of mortgaging historical cars and the McLaren headquarters building in Woking, England, or selling a minority stake in the team, reflected McLaren's search for the best possible option in terms of funding. "(It was) finding the right funding which would not only get us through this crisis but also put us in the best possible position to be competitive in the future. So I am very happy with the news from yesterday," he said.  

Ferrari 488 GTB among the best car designs of 2016 [UPDATE]

Can't decide whether the Ferrari 488 GTB looks better than the 458 Italia it replaces? A design jury has make up its mind. The 2016 Red Dot design awards are being announced today, and Maranello's latest eight-cylinder, mid-engined supercar won top honors. The Red Dot Awards for Product Design recognize the best new products on the market across an array of categories and industries, including automobiles. This year's panel of 41 experts, including Chris Bangle and Ken Okuyama, evaluated some 5,200 designs. From those, they selected 1,304 for a Red Dot award, and only 79 as the "Best of the Best" – among them the new Ferrari. This is the second year in a row the Prancing Horse marque has been awarded the honor, having been earned an award for the FXX K last year. A full list of this year's honorees isn't yet available, and it's uncertain that other automakers will earn awards. Last year's list also included the Mazda MX-5, Mercedes-AMG GT, and Volvo XC90. The Peugeot 308 SW, if you can believe it, was the only car awarded Best of the Best in 2014, the Audi R8 in 2013, and the Renault Twizy in 2012. UPDATE: The Red Dot organization has released the full list of this year's product design honorees, with the McLaren 570S and Kia Optima also awarded among the Best of the Best. Red Dots were also awarded to the Audi A4, R8, and Q7, BMW 7 Series, M2, and X1, Fiat Toro, Hyundai Ioniq, Kia Sportage, Mercedes C-Class, Skoda Superb Estate, and Volvo S90. The jurists also gave Honorable Mentions to the Borgward BX 7, Genesis G90, Mini Clubman, Qoros 3 City SUV, and Smart Fortwo Cabriolet. The 488 GTB wins the Red Dot award The V8 sports car named "Best of the Best" Maranello, 30 March 2016 – The 488 GTB has won the Red Dot Best of the Best award for its design and innovative lines. This is the latest in string of plaudits garnered by the Ferrari Style Centre which also picked up several IF Design Awards in Munich, Germany, at the start of the month. On the latter occasion, the big winner was the FXX K (Red Dot Best of the Best 2015) which took home the Gold Award, the Hannover institute's top prize. However, the 488 GTB and 488 Spider also scored a double whammy at the same event with a Design Excellence Award apiece.