Well this one has gotten out of hand - well aware of capital investments etc.
How about reading this article upon the release of the new super car and then we can all be on the correct page where boy wonder Ron Dennis has had his hand out for over 6 years and will continue to do so.
I think he is a great story and I am a believer but Mercedes and a few other competitors can and did chew him out only to spit him out alive.
Let's try and keep things in perspective and what he said sounds a lot like Obama - go figure
**Mr Dennis, ever willing to highlight McLaren’s knowhow, said: “Not many people realised that the car moved off under full electric power.”
Such progress certainly excites him more than making money. “It sounds very flippant but overall I think money’s completely unimportant – unless you don’t have any,” he said.
Still, he is quick to add McLaren Automotive will not be making many more luxury cars unless it turns a profit. Its first financial results are due to be published shortly.
Clearly, he said, McLaren Automotive “isn’t going to instantly make money because of the amount of investment that you have to put into it”. Singaporean billionaire Peter Lim and Middle East sovereign wealth funds bought up sizeable stakes.
It has thus far been “a massive investment in a difficult market. But I think the path is right. Will we need to put more money into automotive? Yes.”
