2022 Mclaren 720s Spider Performance on 2040-cars

Auto blog

McLaren's global headquarters could be yours for $256 million

McLaren is giving rich enthusiasts and affluent investors a once-in-a-lifetime opportunity to own one of its most valuable tangible assets: its headquarters. Before you launch a GoFundMe campaign, keep in mind the next owner will be obligated to lease the property back to the carmaker for an undermined amount of time. Hit hard by the on-going coronavirus pandemic, McLaren commissioned Canadian real estate firm Colliers to sell its headquarters for GBP200 million, a sum that represents approximately $256 million at the current conversion rate. It's interesting to note the facility is worth about 13 times as much as a 1994 F1 LM-Specification. Located in Woking, which is about an hour from London, the property includes the McLaren Technology Center, the McLaren Production Center (where road cars are manufactured), and the McLaren Thought Leadership Center. There is also a small man-made lake, parking lots, several picturesque acres of grass, and thousands of trees. McLaren isn't moving. It will remain in Woking, but it will lease its headquarters from the person or company that purchases it. Details about the transaction, like how long the firm will lease the property for and how much it will spend per month, haven't been made public, unsurprisingly. However, it's reasonable to assume there will be a clause stipulating the next owner can't kick McLaren out to plant alfalfa or to open a Texas-style ranch. Executives are analyzing other ways to make money, reduce expenses, or both in the coming months. McLaren cut 1,200 jobs in May 2020, and it announced it sold only 307 cars between February and May, down from 953 the previous year. It secured a $185 million boost from the oil-rich National Bank of Bahrain, yet unverified rumors claim it's considering selling a relatively small stake in its Formula One team in order to free additional cash. Sale-and-leaseback deals aren't what we'd call common in the automotive industry, but McLaren's move isn't unprecedented. In 2012, PSA Peugeot-Citroen sold its historic headquarters on Avenue de la Grande Armee in the heart of Paris for about $327 million to raise cash; it still leases the building in 2020. And, in January 2004, troubled British carmaker MG Rover sold most of its Longbridge, England, site to a property developer with plans to rent it. It signed a 35-year contract, and optimistically added a renewal clause, but it shut down in April 2005. Earnings/Financials McLaren

McLaren displays six bespoke 570S models with historic themes

McLaren Beverly Hills has commissioned a special collection of 570S models, both in Coupe and Spider configuration, to commemorate McLaren's racing history. The collection, named Racing Through the Ages, features six cars done up in three themes: Muriwai, Papaya Spark and Sarthe Grey, all neatly tying in with specific periods in McLaren racing, and all with the GT4 racing stripe decorating the exteriors. The first of the car themes, Muriwai, stands for Muriwai Beach in New Zealand, the place where Bruce McLaren first took part in a race at the age of 15. McLaren also built a house with the same name in Woking, and the color theme is similarly bluish white, with the car wearing MSO Defined Muriwai White paint and a McLaren orange "Speedy Kiwi" logo. The second, Papaya Spark, is done in a color reminiscent of McLaren's 1960s-1970s racing livery, from the time McLaren claimed Can-Am, Indy 500 and Formula One wins. The car's fixed rear wing is painted Burton Blue, in the style of the original racers. As for the third one, Sarthe Grey, it's easy to guess the Le Mans reference: these cars commemorate McLaren's 1995 win with F1 GTR cars claiming first, third, fourth, fifth and thirteenth place. The hue of the two Sarthe Grey cars here imitates the paint color on the winning F1 GTR, and the rear wing reads "24 HEURES DU MANS – WINNERS 1995". Each of the six cars wears a numbered plate with the text "1 of 6 – Racing Through the Ages", and the interiors – right down to ignition keys – are matched to the respective theme. "It's exciting for us at MSO any time we are able to merge McLaren's racing heritage with current McLaren Automotive road cars," said Ansar Ali, the Managing Director of McLaren Special Operations. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

2016 Japanese Grand Prix | Hamilton faces the beginning of the end

We're told the Japanese mamushi viper haunts the undergrowth around Suzuka. If the pit viper attended the weekend's Japanese Grand Prix, it avoided human visitors but it put a nasty bite on Lewis Hamilton's championship hopes. The Briton, lined up second on the grid next to Mercedes-AMG Petronas teammate Nico Rosberg, flubbed his start. By the end of Turn 1 Hamilton was in eighth. Hamilton didn't suffer alone. The beginning of the race was a melee; many of the leaders got caught out either by the damp track or by having to swerve around slow starters. Only Mercedes' Nico Rosberg and Red Bull's Max Verstappen took off clean. The German rolled up another lights-to-flag victory despite the pass-happy race happening behind him. Rosberg was as unbothered by the Dutchman in second place as he was by the official Formula 1 camera feed. Verstappen didn't have much work to do until the final ten laps of the race. Thanks to the Mercedes team's strategy – or Ferrari waiting too long to pit – Hamilton got up to third on Lap 36 of 53. Unable to make a DRS-enabled pass on Verstappen down the front straight toward the end of the race, the Mercedes driver took a creative line through Spoon corner. Closing in down the back straight, Hamilton jinked inside to try a pass through the final chicane. Verstappen moved over in the braking zone while Hamilton was still behind him, closing the door on the move. Hamilton protested over his team radio, but seemed resigned to a third place finish after the incident – he didn't try any more passes in the final laps. The Ferrari duo of Sebastian Vettel and Kimi Raikkonen crossed the line fourth and fifth, respectively, in recovery drives after penalties. The scuderia tried an aggressive final stint after Hamilton successfully undercut Vettel in the pits. Ferrari put Vettel on the soft-compound Pirellis so he could hunt the Mercedes, but after a few laps of close pursuit the tires gave up and Vettel fell back. Daniel Ricciardo couldn't get comfortable in his Red Bull the entire weekend. The Aussie finished where he started, in sixth place. Sergio Perez and Nico Hulkenberg followed the Red Bull home in two-up formation for Force India, Williams doing the same in the final two points-paying positions with Felipe Massa and Valtteri Bottas. Rosberg's 23rd career victory – his ninth of the season and first ever in Japan – puts him 33 points ahead of Hamilton in the Driver's Championship with four races left.