By on August 2, 2010

When you hear “McLaren” mentioned during Formula One races, do you sometimes want one? Now you can. Street legal. And a steal for only $280,000 MSRP. To make that dream possible, McLaren group has taken on £40 million ($63m) worth of loans from HSBC to finance the construction of a new factory in Woking, Surrey.  The new factory will be the home of McLaren’s new super car, the MP4-12C (catchy name!). McLaren is forecasting to build 1,000 units in the first year of production, but within five years, McLaren is hoping to be building 4,000 units per year. One of the main selling points of the MP4-12C is the fact it’ll be able to get to 124mph in 10 seconds. It even has air brakes, implements usually used to bring jet fighters to a stop.

However, what makes this an interesting story is the level of debt McLaren has taken on. According to The Independent,  McLaren has been a relatively debt free entity. Their F1 team brought in 64 percent of the group’s £264.9m ($419m) revenue for 2008. Since 2005, McLaren owed practically nothing.

To take £40m on for a new factory to make a new super car sounds a bit risky. However, McLaren Automotive (the company which was spun out of the McLaren group) is boxing clever to reduce their exposure. McLaren automotive is offering a 48 percent stake in itself to private investors and when you take into account that McLaren automotive is backed by Ron Dennis (McLaren bigwig), a Bahraini sovereign wealth fund and the TAG group of Switzerland, then there’s a good chance there will be a lot of faith in McLaren automotive.

Get the latest TTAC e-Newsletter!


7 Comments on “Want A McLaren? They Bet You Will...”

  • avatar

    McLaren have had some failures (and I don’t mean Hungary).

    However the name is gold, they really cannot fail. $63 mil. debt?

    Doesn’t matter. McLaren have a strong streak of excellence and that translates to people and companies eager to invest.

  • avatar


    “It even has air brakes, implements usually used to bring jet fighters to a stop.” So, “Born from jets?!”


    Outside of failures on the track and the partnership w/MB on the SLR, what failures?

  • avatar

    I think I read somewhere that they had already sold out of cars for the next 2 and a half years…. watch out Ferrari!

  • avatar

    BUY A CTS-V instead.
    then you can pocket the other $430,000

  • avatar

    Want one? YES absolutely. That is If I had a spare $300,000. BTW they’ve done a nice job with their website . Lots of detailed tech info and great artwork… although the music is a bit haunting for my taste. Try the configurator its a ton of fun!

  • avatar

    McLaren has something most budding supercar makers only wish they had: heritage.

    They’ve been in Formula One forever. They’re on record as having once built the fastest and most exclusive supercars on Earth (and it’s still one of the most expensive, years after going out of production). And their reputation as an engineering house is unmatched.

    I think one thing will make the case for the MP412C over its Ferrari competitors, the 458. The sound. The 412C’s twin-turbo V8 growls and snarls like a naturally aspirated mill. It’s a fantastic little thing, and it should sell well.

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • brandloyalty: Nothing you say changes some simple facts: 1. Hydrogen is difficult and therefore costly to contain. 2....
  • gtemnykh: Mitsubishi seems to have lucked into this insatiable demand for CUVs with their lineup, the Outlander and...
  • Stanley Steamer: I agree. For most people though, it takes the experience of an accident to make a more alert driver....
  • Joebaldheadedgranny: I fear these kinds of abuses are not isolated. v=T8xAf4bxwFM...
  • Tstag: Breaking news – A source close to JLR/ Tata has leaked that JLR have a war chest to go out and acquire...

New Car Research

Get a Free Dealer Quote


  • Contributors

  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States