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McLaren profits could quadruple on strength of P1

Thu, Apr 3 2014

McLaren has had success on the track for the last 50 years, but its recent move into also building road cars full time is paying big dividends. The British automaker says that it expects revenue to double this year and pre-tax profit on deliveries to be four-times higher, thanks in no small part to selling out of its million-dollar P1. "It's the main year in which we deliver McLaren P1s. You can expect quite a strong impact on our turnover and profits," said McLaren Chief Financial Officer Paul Buddin to Bloomberg. The business announced in November 2013 that it had sold the entire 375-car production run of the P1 sooner than it had originally planned. Since launching the MP4-12C, McLaren has made it no secret that it wants to keep its product fresh by launching a new model each year. It initially followed the 12C coupe with the 12C Spider and P1, and this year, it has the 650S, while the 12C is reportedly being phased out. Next year's introduction is expected to be the Porsche-fighting P13. P14 and P15 models, plus a more powerful 650S, are rumored to be even farther down the track. In just a few years of building production cars, McLaren has shown that it can already construct a vehicle with world-class performance. Its next step is growing the company's sales further. It hopes to move around 4,500 units annually in the next two or three years. With over a hundred grand prix wins in its history, the team is showing it's got a good shot at translating racing victory into financial success. Featured Gallery 2015 McLaren P1: First Drive View 39 Photos News Source: BloombergImage Credit: Copyright 2014 Matt Davis / AOL Earnings/Financials McLaren Performance mclaren p1 mclaren 650s mclaren p13

McLaren preparing 650S extreme track-bound versions

Wed, Apr 2 2014

McLaren isn't a company used to standing still. It has 182 grand prix victories under its belt, a dozen Formula One titles and some of the most lust-worthy supercars ever made. So we could hardly blame anyone (ourselves included) for impatiently anticipating what the team at Woking has coming next. Of course, McLaren itself is eager to keep its customers focused on the considerable offerings it already has on hand, but speaking to a few key McLaren personalities has given us some clues. The project known internally as P13 is focusing on a rival to the Porsche 911 Turbo and Audi R8. P14 is still a mystery that no one at Woking is willing to talk about at this stage. And P15 is set to slot in between the 650S and P1 once the latter completes its 375-unit production run. But let's not get too caught up with upcoming products before we're done with the latest 650S. As our own Matt Davis will be bringing you shortly in our First Drive report, McLaren has been demonstrating the new 650S to journalists as a prodigious track weapon at the Ascari Race Resort in Spain. But before all is said and done, there will be even more track-focused versions of the 650S to follow. Speaking one-on-one with Autoblog, McLaren CEO Mike Flewitt confirmed that the new 650S is destined for the racetrack, and in multiple guises at that. First up will be the 650S GT Sprint, which could very well get a different name before it hits the circuit. This track-bound version of the 650S will follow in the footsteps of the 12C GT Sprint, a circuit toy of which McLaren has sold about 25 examples to date. Developed by McLaren's GT racing department, the 12C GT Sprint features updated aerodynamics, suspension and safety equipment, along with a set of Pirelli racing slicks to better suit it for roadcourse use. We'd expect the 650S GT Sprint (or whatever it's ultimately called) to carry over most (if not all) of the same features, plus the upgrades which McLaren Automotive applied to the 12C to transform it into the 650S – including the revised front end and upgraded engine. Flewitt tells us to expect the new Sprint track car to launch later this year. McLaren CEO Mike Flewitt tells us to expect the 650S GT Sprint track car to launch later this year. It won't be until next season, however, that McLaren GT will hit the racing circuit with its new 650S GT3.

McLaren's baby P13 coming next year with multiple bodystyles, $160K sticker price

Tue, Mar 25 2014

Though you could hardly call it "cheap" by most standards, when McLaren Automotive booted up with the launch of the MP4-12C three years ago, it was, relatively speaking, the most affordable McLaren yet. Cheaper than the original McLaren F1, cheaper than the SLR it made for Mercedes-Benz, and certainly cheaper than any of the racing machinery for which the firm is known. From there, however, things only got more expensive. The 12C Spider arrived with a higher list price than the coupe, the P1 that much more so, and the 650S slots in between the two. As we reported last week, there's a new flagship codenamed P15 in the works that will be less expensive than the P1, but still significantly more than the 12C or 650S. So when will McLaren offer something a little bit more obtainable? That's the next project in the pipeline. Following the internal nomenclature that dubbed the 12C as P11, the 650S as P11M, P1 as P12 and the aforementioned upcoming flagship as P15, the forthcoming "baby McLaren" is known around Woking as the P13. (Which only makes us wonder what the P14 might be, but that's a question for another time.) What we'll be looking at with the P13 (whatever it will be called once it reaches production) is a two-door supercar based on the same carbon Monocell that underpins the rest of the McLaren lineup but will not, contrary to what Car and Driver predicts, be substantially smaller than the 12C. What it will be is cheaper – at least, relatively speaking, that is. In correspondence with Autoblog, McLaren communications chief Wayne Bruce confirms that the P13 will carry a sticker price starting "from around two thirds of what a 12C would cost you today." That would place it around $160,000 (less than what C/D forecasts) and square between the latest Porsche 911 Turbo and Turbo S or the V10 and V10 Plus versions of the Audi R8. "Guessing that its styling might be influenced by P1's, or indeed a 650S," we're told, "is as obvious as saying it'll have two seats." McLaren also confirms that it "will be offered in more than one bodystyle," which we'd take to mean coupe and convertible versions as are offered on the 12C and 650S, but leaves the door open to all sorts of additional possibilities in the future. We're told not to expect the P13 to debut this year, but given McLaren's cadence of revealing one new model per annum, we'd look forward to seeing it sometime in 2015.

McLaren 650S to start at $265,500 in US?

Thu, Mar 20 2014

As the McLaren 650S inches towards US dealerships, one of the big questions on our mind is how much the mid-engined supercar will cost. We previously reported that European customers would be shelling out 232,500 Euros, which at the time was the equivalent of $318,000 (today, it's about $320,200). In that piece, we claimed US pricing would probably be well below that number, and thanks to some supposedly leaked intel, it looks like we were correct. DragTimes claims the hardtop 650S will start at $265,500, which actually strikes us as a bit of a bargain for a 641-horsepower, mid-engined super car. It should be noted that the list of optional extras, which is what will really drive up the price of the 650S, doesn't differ from the European options sheet we showed you back in February. That means there's a load of carbon-fiber trim pieces as well as plenty of performance options, like "super-lightweight" forged wheels, a carbon-fiber racing seat and a sport exhaust. Now, all this being said, we'd suggest taking these prices with a grain of salt. The European price leaks were accompanied by a physical price sheet that lent an air of credibility to the initial report - there's no such proof for these prices. We've reached out to McLaren to try and get confirmation on these, and we'll be sure to update this post as soon as we hear anything. Until then, head over to DragTimes for the full rundown, and let us know what you think in Comments. Is $265K a reasonable start price for a 650S? Which options from the price list would be must-haves? Have your say below. Featured Gallery McLaren 650S: Geneva 2014 View 18 Photos News Source: DragTimesImage Credit: Copyright 2014 Drew Phillips / AOL McLaren Coupe Performance pricing mclaren 650s

McLaren celebrates 20 years of Mobil 1 with special livery for Australian GP

Sat, Mar 15 2014

Sponsors come and sponsors go in Formula One, but they tend to stick around awhile at McLaren. The team ran under Marlboro title sponsorship for 22 years from 1974 to 1996, and Hugo Boss has been with the team for 33 years now since 1981. But it's the team's partnership with Mobil 1 which it will celebrate with the sinister livery pictured here. With Vodafone having left the team at the end of last season, McLaren is without a title sponsor for this season, and was expected to return to its heritage orange livery for this year's championship. But instead it's starting the season at the Australian Grand Prix with this silver and black livery to celebrate two decades of partnership with ExxonMobil. It may not be quite as sweet as the new Williams Martini Racing livery, but it is pretty slick. Whether it stands a chance of finishing on the podium this weekend, however, is another matter. While McLaren has won the Australian Grand Prix a dozen times – more than any other team – and Jenson Button is one of the winningest drivers in the history of the Aussie race, he and the team haven't been showing too well in pre-season testing. Mobil 1 and McLaren Celebrate 20-Year Partnership in Formula 1 As the 2014 Formula 1 season kicks off this weekend at the Australian Grand Prix, ExxonMobil and McLaren will be celebrating the 20th anniversary of their technical and commercial relationship. In honor of the major milestone, the McLaren Formula 1 cars will feature a special livery in Australia that will include both Mobil 1™ and Mobil™ brands." "To celebrate the 20th anniversary of Mobil 1's relationship with McLaren, we are looking forward to showcasing a special branding scheme during the first race of the 2014 season," said Artis Brown, global motorsports manager, Mobil 1. "There is a lot of energy entering this race. Not only are we celebrating our 20th anniversary with McLaren, but we will be welcoming Kevin Magnussen to the team. When you combine these elements with the introduction of the new V-6 engine, this should be a very exciting weekend." Jonathan Neale, Chief Operating Officer and Acting CEO of McLaren Mercedes said, "We are privileged to have worked closely with ExxonMobil over a very successful 20 years and counting. During 332 races together we have achieved four world championships, 78 wins, 229 podium finishes and 76 pole positions, which is testament to our powerful technology partnership.

2015 McLaren P1 [w/video]

Fri, Mar 14 2014

We have already raved about the Porsche 918 Spyder, and all indications suggest we'll be moved to dispense flowery Italian prose about the upcoming Ferrari LaFerrari (even if the name does sound like a skip on a 45-rpm record). In between these two hypercars comes this British mind-boggle better known as the McLaren P1. As a pure driver's exoticar, the P1 outshines the Porsche in dynamics and nimbleness, while the 918 engineers the miracle of potentially exceptional mileage combined with face-flattening speed that equals the Big Mac. Both cost around $1 million ($845,000 for the 918, $1.15 million for the P1 – at this level, what's a few hundred-thousand dollars among friends?), and both get most normal humans as close to experiencing Formula One for the street without driving something that looks like a single-seat, open-wheel car. You can imagine my excitement as I was ushered over to Dunsfold Airfield south of London to have my cherished laps in McLaren P1 validation prototype No. 5. I have never experienced good weather here, but I was thankfully blessed with tepid air and brilliant late winter sunshine for this drive. This means that there wasn't the usual standing rainwater on the scrappy Top Gear test track. As I arrived at the McLaren bunker alongside the makeshift circuit, the mellow, flame-yellow P1 I was to drive was already going through motions in a client's hands. This client and his charming wife were just finishing up several laps of their own, including some absolutely scorching rounds with McLaren chief test pilot Chris Goodwin, as well as with McLaren GT3 driver Duncan Tappy. The couple was as giddy as teenagers when I talked with them, smiling from ear to ear. And they were not from Dubai, not from Moscow, not from Singapore, and not from Beverly Hills. They were from Ohio, so leave your rich people stereotypes at the door. I should get on with the drive experience, but a primer about what this McLaren proposes to the driver is needed. Like the MP4-12C, the P1's "petrol-electric" plug-in hybrid sits on the same aluminum-carbon composite architecture and uses the company's M838T 3.8-liter twin-turbo V8 built by Ricardo. From there, it's all changes and intelligently pumped-up performance numbers. In E-mode, the electric motor can run things alone over a maximum of approximately 7.5 miles. A dry P1 sitting empty weighs a stated 3,075 pounds, which is not far off the weight of a 570-horsepower Ferrari 458 Italia.

McLaren ceases production of 12C to focus on 650S

Sun, Mar 9 2014

If you raised an eyebrow in suspicion when McLaren insisted its new 650S would join its lineup in tandem with – and not as a replacement for – the MP4-12C, we're with you. The 650S is, after all, based closely on the 12C, distinguishing itself essentially with a revised shape, updated equipment and more power. And with the Spider version having debuted alongside the coupe in Geneva, there's really little room left for the 12C at all. Keeping both around at the same time would be like if arch-rival Ferrari offered both the old California and new California T (or the 360 Modena and the F430 that followed) at the same time. Yet McLaren has remained adamant that the 12C isn't going anywhere despite the arrival of the 650S. Or is it? Well, yes and no. Reports coming in from the UK indicate that, while McLaren will continue to offer the 12C to customers who order it, the company has actually ceased production of the older, less expensive version for the time being in order to gear up for producing the newer 650S. Keeping both models on the order sheet will likely cease once McLaren's upcoming entry-level model, dubbed P13, comes along. Essentially replacing the 12C with the 650S at that point will allow Woking to open up a bigger price difference between it and the new model, helping to differentiate between the two. In the meantime, the House that Bruce (or Ron) Built appears to be taking a similar approach to Pagani, which kept the Zonda on offer long after the Huayra came along.

Time to configure your McLaren 650S

Sat, Mar 8 2014

If you're like us, Friday afternoons are the bane of your existence - the freedom of the weekend is so close you can taste the beer and see the red of your TV's Netflix logo, but the minutes that stand in your way slip by with all the speed of a retreating glacier. You need a way of burning that time, and as it turns out, online supercar configurators are just the answer. Lucky for you, this Friday brings a new one, with the McLaren 650S coupe and convertible available for building. As high-end configurators go, this is a good one. There's a big picture of the car and a wealth of customization options to play with. Like a lot of configurators this one doesn't display prices, although with the hardtop McLaren middle child rumored to crest $318,000, does it really matter? Hop over to McLaren's page and get cracking – those minutes aren't moving any faster. Related Gallery McLaren 650S View 10 Photos Related Gallery McLaren 650S Spider View 10 Photos News Source: McLarenTip: Sean McLaren Car Buying Convertible Coupe Performance configurator mclaren 650s build your own mclaren 650s spider

McLaren opens up the 650S Spider

Wed, Mar 5 2014

A good solid year separated the release of the McLaren MP4-12C and its Spider counterpart. McLaren isn't waiting that long, however, to reveal its new 650S Spider – in fact it's presenting both versions at the same time here at the Geneva Motor Show. But while Woking has given us plenty of details and photos of the coupe to chew on in the lead up to the show, it has just now revealed the full skinny on its open-topped companion, presented here in a new shade of McLaren's signature orange. With the same 3.8-liter twin-turbo V8 producing the same 641-horsepower, McLaren quotes the 0-62 mile-per-hour time for the 650S Spider at the same 3.0 seconds flat as the 650S coupe. Line up both versions and keep the pedals planted on both all the way up to 124, however, and the coupe will get there 0.2 seconds faster than the roadster. It'll take just one-tenth longer to cover a quarter mile, and it'll also top out at 204, three fewer miles per hour than the coupe, but fuel consumption is quoted as identical. In other words, the performance difference is negligible. That's because the Spider weighs just 88 pounds more than the coupe – less even than what Alfa Romeo took to chop the roof off the 4C, and the new McLaren (like the 12C Spider) uses a retractable hardtop at that, taking just 17 seconds to drop or raise at speeds of up to 19 mph. That's a pretty impressive transformation, leaving those who enjoy the best of both worlds with few reasons not to go with the roadster. But while pricing hasn't been announced, we have the distinct feeling it's not a choice many people will have to make. OPEN-TOP MCLAREN 650S SPIDER JOINS 650S COUPE IN GENEVA GLOBAL DEBUT - New McLaren 650S Spider just as engaging on road and track as fixed-roof Coupe - 0-100km/h (62 mph) takes 3.0 seconds, 0-200 km/h (124 mph) in 8.6 seconds - No reduction in torsional strength due to unique carbon fibre MonoCell chassis; similar weight, too - Two piece roof can be raised or lowered in less than 17 seconds on the move at speeds up to 30 km/h (19 mph) McLaren Automotive has now released images and full information for the convertible version of its latest model, the McLaren 650S, unveiled at the 84th International Geneva Motor Show. The McLaren 650S Spider is a no compromise open-top high performance sports car offering the same performance, handling and driver enjoyment, with the addition of a two-piece retractable hard top.

McLaren 650S isn't your average middle child

Tue, Mar 4 2014

The all-new McLaren 650S is making its auto show debut at the 2014 Geneva Motor Show today, and we've just had a proper first look at the British exotic's new midrange model. Boasting McLaren's familiar 3.8-liter, twin-turbocharged V8, the 650S packs 641 horsepower and 500 pound-feet of torque, allowing it to hit 60 in a brisk 3 seconds, placing it firmly between the wildly quick P1 and the standard MP4-12C. The 650S' overall look sits between McLaren's other two offerings, as well. The front bears a strong resemblance to the P1, while the rear is much more aligned with the 12C. We've got a full gallery of live images from the floor of the 2014 Geneva Motor Show up top. You can also hop back to our original post on the 650S for the complete roundup of details. PERFORMANCE FIGURES ANNOUNCED FOR THE McLAREN 650S AHEAD OF GENEVA DEBUT Feb 27, 2014 - New McLaren 650S Coupe can accelerate 0-200km/h (0-124mph) in just 8.4 seconds - Faster than rival 'stripped out' road racers, yet offers far superior comfort, refinement and equipment - Available in Coupe and Spider variants from launch As the first example of the McLaren 650S rolled off the line at the state-of-the-art McLaren Production Centre in Woking, McLaren Automotive has released performance numbers and confirmed pricing ahead of the global debut at the 84th International Geneva Motor Show. The latest addition to the McLaren range accelerates to 100km/h (62mph) from rest in just 3.0 seconds, and can reach 200km/h (124mph) in just 8.4 seconds. The standing quarter mile (400m) takes 10.5 seconds, and top speed is 333 km/h (207 mph). This performance puts the latest model from McLaren a full second quicker than the iconic McLaren F1 road car to 200 km/h, and 0.6 sec faster over the standing quarter mile, underlining its performance focus. This represents a sprint time to 200 km/h more than half a second quicker than the rapid 12C, which continues in production. Optimised aerodynamics ensure that the performance of the McLaren 650S is accessible and increases driver engagement. Enhanced handling, high-speed balance and steering turn-in result from improved levels of downforce. 'Driving excitement is at the absolute heart of the McLaren 650S,' explains Mike Flewitt, Chief Executive Officer, McLaren Automotive. 'Of course the performance figures are important, and they help boost excitement. But they're only part of the story.