McLaren for Sale

McLaren for Sale

The McLaren name is synonymous with motorsport—the McLaren F1 set the fastest street-legal car ever, while the MP4-12C continues to dominate the supercar market. But the brand hasn’t been immune to a world economy that’s slowed sales in recent years. As a result, the Woking, England-based company has had to resort to some financial measures. Last week, it sold a handful of its historic cars to raise cash. And this month, it put its iconic Technology Centre headquarters up for sale.

Both moves signal that the company is looking to restructure in order to survive the slowdown. The Tech Centre, which opened in 2003, is home to McLaren’s design and research offices. The property also includes artificial lakes, a wind-tunnel testing facility, and a collection of historic McLarens. The iconic complex has been used in a variety of media, including the Fast and Furious franchise.

In addition to the property, the company is also selling its stake in a joint venture that produces batteries for its electric vehicles. The sale will help it reduce its debt and free up cash that can be used to finance development of future models.

McLaren says the deal will be completed in 2023, when it expects to be profitable again. But in the meantime, it will continue to pursue sales of its Ultimate Series cars—which are designed to be as pure as possible. The company has a strong order bank for the 720S and a fully-booked order book for a future model called the Senna, as well as another future vehicle codenamed BP23.

Despite the turbulence at McLaren, the brand still maintains its position as one of the most desirable brands among luxury sports car buyers in North America. It sold 1,234 cars in the region this year, compared to just 472 in China and 346 in the company’s largest market, Europe.

The company’s CEO, Mike Flewitt, recently left his post, but he’s confident that the brand will rebound in 2023. “The demand for our Ultimate Series remains extremely high, and production of our new 720S is well on schedule, and the fully-booked order books for both the Senna and another future car codenamed BP23 are already exceeding our expectations,” he said.

If you’re in the market for a new or pre-owned McLaren, visit our Irvine, CA New and Certified Pre-Owned McLaren Dealership serving Newport Beach, Laguna Beach, Corona Del Mar and Costa Mesa. We’re also the home of the only McLaren Performance Center in Southern California.

Use the form below to submit your request and we’ll be in touch within 1 business day.

The monthly payment on this loan is based on a 60 months loan term with 9.89% APR, 5% sales tax and 10% down payment. Your actual payments may differ based on the final price, down payment amount, credit history, income and other factors. This estimate is based on a loan to value of 80%. See your local dealer for details. mclaren for sale

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