You're underestimating how many cars McLaren produces in a year. They were doing over 1,000 a year 12C's. I suspect in normal conditions they're doing 3-4k cars a year.
Audi Buys McLaren Group
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Yes think McLaren may have run out of both ….
Yes I’m aware of how many cars McLaren makes. Unfortunately that is no mans land for car companies, not low enough to be special (Pagani, Koenigsegg et al) and not large enough to have economies of scale. The pandemic may have ruined the dream …
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I don't see McLaren moving the engine from the correct location to the most asinine location for an engine ever designed.
PLANETf1
McLaren in fantastic financial shape, Brown assures
Date published: January 9 2022 - Jamie Woodhouse
McLaren Racing CEO Zak Brown made it clear that the Formula 1 team is doing great, both financially and in terms of on-track success.
The onset of the global pandemic in early 2020 hit the wider McLaren Group hard, which announced a layoff of 25% of its workforce, while reports surfaced that the company were looking for loans to provide a cash injection, ultimately securing £150m from the National Bank of Bahrain.
A minority stake in McLaren’s F1 team was also sold to US consortium MSP Sport Capital in a deal worth £185m.
In the following year the McLaren Technology Centre base was sold to Global Net Lease for £170million, with the facility then leased back to McLaren, while in the summer of that year Brown stated that £550m-worth of new investment had been secured.
That reportedly came mostly from a deal with Saudi Arabia’s Public Investment Fund [PIF], along with contributions from McLaren Group’s majority owner Mumtalakat, and other investors.
Brown assured though that McLaren are now very much on a stable footing financially, with the F1 team benefiting greatly from its partnership with MSP, a collaboration that is now just over a year into existence.
As quoted by Motorsport-Total.com, he said: “We are in great financial shape.
“Our sales are growing rapidly. I think we have announced more commercial partners than any other Formula 1 team.
“MSP has given us the financial resources we need to become profitable.
“They were a very stabilising factor within the racing team both fiscally and emotionally. They are great partners. They are sports investors and want to win. They understand the sport because Formula 1 is a unique business. So we couldn’t be happier after a year.”
McLaren’s on-track success has also played a huge part in boosting morale within the F1 team said Brown.
In 2020 the team secured P3 in the Constructors’ Championship, and despite slipping a place in 2021, they returned to the top step of the podium as Daniel Ricciardo claimed victory at Monza, with Lando Norris making it a one-two for the team.
That was the first McLaren one-two in Formula 1 since Canada 2010.
www.planetf1.com
McLaren in fantastic financial shape, Brown assures
Date published: January 9 2022 - Jamie Woodhouse
McLaren Racing CEO Zak Brown made it clear that the Formula 1 team is doing great, both financially and in terms of on-track success.
The onset of the global pandemic in early 2020 hit the wider McLaren Group hard, which announced a layoff of 25% of its workforce, while reports surfaced that the company were looking for loans to provide a cash injection, ultimately securing £150m from the National Bank of Bahrain.
A minority stake in McLaren’s F1 team was also sold to US consortium MSP Sport Capital in a deal worth £185m.
In the following year the McLaren Technology Centre base was sold to Global Net Lease for £170million, with the facility then leased back to McLaren, while in the summer of that year Brown stated that £550m-worth of new investment had been secured.
That reportedly came mostly from a deal with Saudi Arabia’s Public Investment Fund [PIF], along with contributions from McLaren Group’s majority owner Mumtalakat, and other investors.
Brown assured though that McLaren are now very much on a stable footing financially, with the F1 team benefiting greatly from its partnership with MSP, a collaboration that is now just over a year into existence.
As quoted by Motorsport-Total.com, he said: “We are in great financial shape.
“Our sales are growing rapidly. I think we have announced more commercial partners than any other Formula 1 team.
“MSP has given us the financial resources we need to become profitable.
“They were a very stabilising factor within the racing team both fiscally and emotionally. They are great partners. They are sports investors and want to win. They understand the sport because Formula 1 is a unique business. So we couldn’t be happier after a year.”
McLaren’s on-track success has also played a huge part in boosting morale within the F1 team said Brown.
In 2020 the team secured P3 in the Constructors’ Championship, and despite slipping a place in 2021, they returned to the top step of the podium as Daniel Ricciardo claimed victory at Monza, with Lando Norris making it a one-two for the team.
That was the first McLaren one-two in Formula 1 since Canada 2010.
McLaren are in fantastic financial shape, Zak Brown assures
McLaren Racing CEO Zak Brown made it clear that the Formula 1 team is doing great, both financially and in terms of on-track success.
www.planetf1.com
I see what they did for Lamborghini and Lamborghini would not be the same without Audi.
So, I could see a lot of good coming from this merger.
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571 Posts
100% exactly.
Better build, better quality parts, the backing of the VAG group with well stocked parts and inventory on the service end.
Lamborghini still looks like nothing else on the road, so I don't think the brand has been "Audified" at all, minus a few Audi switch gears and navigation system.
Better build, better quality parts, the backing of the VAG group with well stocked parts and inventory on the service end.
Lamborghini still looks like nothing else on the road, so I don't think the brand has been "Audified" at all, minus a few Audi switch gears and navigation system.
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It's one of the reasons I didn't buy a Lamborghini, although I realize I may be in the minority.
well it’d resolve the BEV platform economies of scale problem they’re facing into 2030 like the sword of Damocles. McLaren’s hybrids are outstanding. But that only carries them so far. Not optimistic they can build a new bev platform from their current financial state.
Any super profitable, cash flow rich company buying McLaren would be good for McLaren, not the least one that has extensive experience in everything from GT3 to LMP1 and a history of investing in them.
No. I think this is good news. You can look at Bentley, Lambo, Bugatti - all VAG brands and really to the casual observer they dont know who the ownership is. Each has managed to maintain their unique characteristics and individuality while benefitting from improved quality. Look at lambos- basically bulletproof. Would be great for that to happen to Mclaren (although the quality issues with mclaren are vastly overblown)
Nothing new ….
formula1news.co.uk
McLaren respond to rumoured Audi takeover
Audi is reportedly close to agreeing its purchase of McLaren’s Formula 1 team and automotive arm.
formula1news.co.uk
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Audi to decide whether to enter Formula One by second quarter - source
Volkswagen's Audi will make a decision on whether to enter Formula One towards the end of the first quarter or beginning of the second quarter of this year, a source close to the matter told Reuters on Wednesday.
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Have you seen or heard of their m cars?
They DO have sport cars.
The m4 competition…….very nice
uh… I think you have the wrong league.
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