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McLaren confirms 650S ahead of Geneva reveal

McLaren has a big reveal in store for next month's Geneva Motor Show. It has just announced a new model called the McLaren 650S for the Swiss show, but at the moment, it's not saying much more, releasing just the single teaser image shown above and no real details about its new sports car. McLaren promises that the 650S sits between the MP4-12C and P1 in its lineup and says the new model incorporates the lessons from both of those supercars' development. According to the announcement, the 650S is "designed and developed to offer the enthusiast driver the ultimate in luxury, engagement and excitement, as well as dramatic yet beautiful styling." There have been at least two rumors of upcoming McLaren models in the past month, and either of them could conceivably be the 650S. A high-performance version of the 12C is rumored to boost power to around 650 horsepower, while adding carbon-ceramic brakes and a new front end. The British boutique automaker is also rumored to be working on a dedicated model between the 12C and P1 codenamed 'P15.' "All I can tell you at this stage is that the McLaren 650S being revealed at Geneva is not the much rumoured P13 and that it doesn't replace 12C," said Wayne Bruce, McLaren Global Communications Director, in an email to Autoblog. We shouldn't have to wait long to have our questions answered, because McLaren will have more details about the new model in the coming weeks before its March 4 unveiling. Scroll down to check out the teaser press release, and let us know which you think this new model is in Comments. The McLaren 650S: A New Chapter For McLaren Automotive And The Supercar McLaren Automotive will reveal at the 84th International Geneva Motor Show the latest addition to its range of groundbreaking supercars - the McLaren 650S. Designed and developed to offer the enthusiast driver the ultimate in luxury, engagement and excitement, as well as dramatic yet beautiful styling, the McLaren 650S is the result of 50 years of competing, and winning, at the highest levels of motorsport. It takes learnings from both the 12C as well as the sell-out McLaren P1™ and will be positioned between the two on McLaren Automotive's supercar grid. More details of the McLaren 650S will be announced in the run-up to the car's global reveal which will take place on Stand 1240, Hall 1 at 12.00CET (11.00GMT), Tuesday 4 March 2014 in Geneva.

McLaren 675LT gets paint scheme from its dad

The McLaren 675LT was designed as a lighter, faster version of the 650S, and it gained a lengthened tail section, hence the LT designation. This longer design was partly inspired by the McLaren F1 GTR "longtail." That race car also featured a longer body. One 675LT customer decided bodywork wasn't enough of a connection to the famous '90s racer, so he commissioned the race-inspired paint scheme you see above. The paint job is a rendition of the 1997 Le Mans GT1 class-winning F1 GTR, which sported a livery based on main sponsor Gulf Oil. It's not a simple design, and it's one that McLaren completely painted. There are no stickers here. And it took a lot of work to complete. McLaren says the whole car took 1,000 hours to finish, and 800 of them were spent on the paint. The company even had to ask Gulf Oil permission to use the color scheme again. But the end result is a convincing facsimile of the old race car, particularly with those almost glowing orange wheels. Aside from the striking paint, the car has a few exterior changes. It has vented front fenders, a more prominent roof scoop, and a visible carbon-fiber rear air brake. Inside, the car features black upholstery with contrasting orange and blue stitching, orange vent surrounds and seat belts, and blue handling and powertrain switchgear. The only things left unchanged are the performance numbers. It doesn't weigh any less than a normal model. It also makes the same 666 horsepower and 516 pound-feet of torque as the regular 675LTs. But that should still be plenty of fun to play with, and surely the paint job makes it feel a lot faster. Related Video: Featured Gallery McLaren 675LT Gulf Livery View 10 Photos Image Credit: McLaren McLaren Coupe Supercars gulf mclaren 675lt mclaren f1 gtr

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