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McLaren's entry-level P13 will be called Sports Series

McLaren is dropping its alphanumeric model-naming scheme when it comes to its upcoming model to slot into the bottom of the brand's supercar lineup. Unlike the 650S or P1, the vehicle previously known as the P13, is now rechristened with an actual title as the Sport Series. The announcement comes in conjunction with a somewhat bizarre new teaser video that compares the future supercar to a black swan. It's the, "symbol of a moment that challenges beliefs and turns thinking upside down," according to the clip. That seems like a pretty big promise, but McLaren also confirms that the Sports Series is primed for a global unveiling in the second quarter of 2015 with a carbon-fiber chassis and mid-mounted V8. Hard facts about the supercar haven't been easy to come by. Company spokesperson Wayne Bruce confirmed to Autoblog this year that the price would be "around two thirds of what a 12C would cost you today." Multiple body styles have also been suggested, including a coupe, convertible and possibly even a larger GT version. Earlier rumors also indicated that the turbocharged V8 might be detuned down to around 450 horsepower, compared to 641 hp from the 650S. The switch to using a real name for the model rather than a mix of numbers and letters certainly signals it as something different from the rest of the brand. Scroll down to read the McLaren's announcement and check out its rather weird teaser clip. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. McLAREN CONFIRMS MUCH ANTICIPATED SPORTS SERIES WITH GAME-CHANGING LAUNCH CAMPAIGN Nov 6, 2014 McLaren Sports Series to make global premiere in 2015 Third model in the range will be a pure McLaren View the Sports Series launch film at http://youtu.be/0ff_kV1wqYE Follow the campaign at cars.mclaren.com and join the conversation – #BlackSwanMoments Scheduled to premiere on the world stage in the second quarter of 2015, McLaren has now confirmed that its latest model, previously referred to only by its internal codename 'P13', will be known as the McLaren Sports Series. It will join the range below the 650S, bringing McLaren credentials and exclusivity to the sportscar segment for the first time. The launch campaign will plot the history over 13 chapters of true game-changing – Black Swan – moments from around the world and within McLaren's.

McLaren F1 may be resurrected as a three-seat, 700-hp GT car

Nearly 25 years ago, the McLaren F1 was unrivaled on the streets. A screaming BMW V12 pushed that three-seat car to a record-breaking 243 mph. The F1 was faster, more expensive, and more exclusive than any other production car of the era. Even today, few cars have eclipsed it. Now, McLaren is rumored to be working on a successor to what some consider the greatest road car ever built. According to Autocar, McLaren Special Operations, or MSO, is working on building the fastest GT car in the world. The car will draw influence and some cues from the original F1, but it won't be an exact recreation or retro-styled version of that car. The goal is to build the fastest vehicle in the world with three or more seats. It won't be P1 fast, but it also isn't meant to be. The MSO division works on bespoke vehicles for customers. It deals with custom designs, from unique paint colors to one-off models. Autocar reports that a number of customers have requested something a little softer and more luxurious than what McLaren currently offers, and some have asked after a three-setup like the on the original F1. While McLaren's current offerings are fast, they lack some of the more premium touches of some competitors. Since returning to the road-car business, McLaren has been met with both critical and commercial success. All of its vehicles use a shared carbon-fiber crash structure, modified slightly for each vehicle. All are powered by a twin-turbocharged 3.8-liter V8, tuned differently for each vehicle. All of their current cars have traditional a two-seat layout. The new F1 will make use the same 3.8-liter V8, without the hybrid system of the P1, cranking out more than 700 horsepower. That would make it McLaren's second most powerful vehicle. MSO has reportedly been tasked with adapting McLaren's basic carbon-fiber monocage/monocoque for use on a three-seater, with the driver placed directly in the middle. The suspension would be a shared McLaren system, though set a little softer than in other models. The interior, Autocar claims, will be unique to this car. Dihedral doors, bespoke switchgear, and a custom set of luggage will all be present. Every car is expected to be tailored to each owner's preferences. It's not clear when the vehicle would go on sale, though Autocar believes it will be before the end of the decade. Supercars take years to design, and McLaren has an ambitious plan for its future.

McLaren trying to raise millions by putting its HQ, historic cars up for collateral

The McLaren 765LT in its debut at the company's Woking, England, headquarters. / AP   LONDON — McLaren is looking into various funding options to help the sports car maker and Formula One team owner negotiate the coronavirus pandemic, a spokesman said on Thursday. Sky News reported that British-based McLaren was seeking to raise up to 275 million pounds ($335.61 million) by borrowing against its Woking headquarters and extensive collection of historic racing cars. It quoted sources as saying McLaren, advised by JP Morgan, could raise the money in the form of new bonds with funding secured from existing or new bondholders. A request for a 150 million-pound loan from the government was recently rejected, according to media reports. "Like many other British businesses McLaren has been severely affected by the current pandemic and we are therefore exploring a variety of different funding options to help navigate these short-term business interruptions," the spokesman said, without giving details. McLaren were the first Formula One team to furlough staff in April because of the new coronavirus, with drivers Lando Norris and Carlos Sainz joining senior management in taking a pay cut. The company said then that the temporary three-month wage reduction was part of wider cost-cutting measures due to the impact of the pandemic on its business. The Formula One season has yet to start, a blow for teams who rely on sponsorship and a share of the sport's revenues for much of their budgets. The team announced on Thursday that Australian driver Daniel Ricciardo would be joining in 2021, with Sainz heading to Ferrari. The McLaren Group, including the luxury carmaker and applied technology arm, employs some 3,700 people with around 850 working for the F1 team. McLaren has a collection of cars driven by the likes of the late founder Bruce McLaren and Brazilian triple champion Ayrton Senna. The Formula One team are the second most successful in the sport's history, after Ferrari in terms of race wins and championships, and gave Mercedes' six-times world champion Lewis Hamilton his debut in 2007. The company is majority owned by Bahrain's sovereign wealth fund Mumtalakat. Related Video:       (Reporting by Alan Baldwin, editing by Ed Osmond)