2023 Mclaren Gt on 2040-cars

Auto blog

Top tier supercars go for top dollar at RM Sotheby's Pinnacle Portfolio auction

Ferraris continue to rake in money during classic car auctions, and the sale of RM Sotheby's Pinnacle Portfolio collection during Monterey Car Week is only further proof of that. The Prancing Horse grabbed four of the top five spots among the 25 vehicles crossing the block. The leader among them was a 1964 Ferrari 250 LM with an extensive racing history that went for $17.6 million, according to the company's unofficial numbers sent to Autoblog. The only vehicle to keep Ferrari from locking out the top five was a 1998 McLaren F1 LM-Specification that went for $13.75 million. It's claim to fame included being the second-to-last road version of these famous supercars built. Plus, the coupe is only one of two with the LM spec package, which included the 680-horsepower racing version of the V12. Showing more modern Ferraris are also appreciating, a 2005 Enzo went for $6.05 million, taking third place. This example was the last one ever made and was originally gifted by the company to Pope John Paul II. However, he had the car sold for charity. Similarly special, fourth went to a 1994 F40 LM racecar for $3.3 million. Finally, a 1967 275 GTB/4 rounded out the top five also at $3.3 million. Amazingly, the vehicles in the Pinnacle Portfolio came from just one person who the company only identified as a "private US-based gentleman collector." Check out the gallery to see all 25 rolling across the block, including a Toyota 2000GT, Porsche 959, and Jaguar XJ220.

2015 McLaren P1 [w/video]

We have already raved about the Porsche 918 Spyder, and all indications suggest we'll be moved to dispense flowery Italian prose about the upcoming Ferrari LaFerrari (even if the name does sound like a skip on a 45-rpm record). In between these two hypercars comes this British mind-boggle better known as the McLaren P1. As a pure driver's exoticar, the P1 outshines the Porsche in dynamics and nimbleness, while the 918 engineers the miracle of potentially exceptional mileage combined with face-flattening speed that equals the Big Mac. Both cost around $1 million ($845,000 for the 918, $1.15 million for the P1 – at this level, what's a few hundred-thousand dollars among friends?), and both get most normal humans as close to experiencing Formula One for the street without driving something that looks like a single-seat, open-wheel car. You can imagine my excitement as I was ushered over to Dunsfold Airfield south of London to have my cherished laps in McLaren P1 validation prototype No. 5. I have never experienced good weather here, but I was thankfully blessed with tepid air and brilliant late winter sunshine for this drive. This means that there wasn't the usual standing rainwater on the scrappy Top Gear test track. As I arrived at the McLaren bunker alongside the makeshift circuit, the mellow, flame-yellow P1 I was to drive was already going through motions in a client's hands. This client and his charming wife were just finishing up several laps of their own, including some absolutely scorching rounds with McLaren chief test pilot Chris Goodwin, as well as with McLaren GT3 driver Duncan Tappy. The couple was as giddy as teenagers when I talked with them, smiling from ear to ear. And they were not from Dubai, not from Moscow, not from Singapore, and not from Beverly Hills. They were from Ohio, so leave your rich people stereotypes at the door. I should get on with the drive experience, but a primer about what this McLaren proposes to the driver is needed. Like the MP4-12C, the P1's "petrol-electric" plug-in hybrid sits on the same aluminum-carbon composite architecture and uses the company's M838T 3.8-liter twin-turbo V8 built by Ricardo. From there, it's all changes and intelligently pumped-up performance numbers. In E-mode, the electric motor can run things alone over a maximum of approximately 7.5 miles. A dry P1 sitting empty weighs a stated 3,075 pounds, which is not far off the weight of a 570-horsepower Ferrari 458 Italia.

How McLaren will double its output this year

McLaren Automotive is aiming to almost double its output this year, to 3,000 cars, and hit 4,000 cars per year by 2017. That's over 50 percent of Ferrari's annual production, yet the current McLaren Automotive is only six years old, based about 40 miles southwest of London in Woking. In pursuance of its lofty plans, McLaren recently announced a massive expansion its operations and is hiring another 250 assembly staff for a second shift, which will bring its total headcount to 1,750. Is it chutzpah, or rank stupidity? McLaren made just 1,654 cars last year, including the last of the 570-strong run of P1 supercars, which had an average transaction price of $1.35 million each, and all 40 or so track-only P1 GTRs, which sold for over $288 million. January saw the last P1 GTRs running down the track at Woking. Is it chutzpah, or rank stupidity? And while these cars cannot have been cheap to design and build, it's not hard to see how profitable they will have been. Given that much of the research and development (R&D) will have been amortized in the years up to the 2013 launch of the P1, the profit level has soared in subsequent years. In 2014, its second year of profit and under the leadership of chief executive Mike Flewitt, McLaren Automotive generated a profit before tax of $21.7 million, compared to $6.53 million in 2013. Turnover grew from $413.6 million in 2013 to $688.9 million in 2014. To be fair, the company is investing almost 20 percent of that turnover in R&D ($132.9 million in 2014, $97 million in 2013) and it says that level of spend as a proportion of turnover will continue, with last year's R&D cost estimated at $173.7 million. View 22 Photos In its defense, McLaren says that as a late comer it is still growing in China, which Flewitt has said could well be McLaren's second largest market in 2016 after the US and ahead of the UK and Germany. He also says that the company's growth plans are based on actual orders rather than theoretical expectations, and that since it is (and has been) profitable at 1,500 cars per year, there is some protection against a downturn. But the cars it has to sell this year are a far cry from the exotic and phantasmagorical P1 or the P1 GTR, which were only sold to existing P1 owners. The Sports Series, while being based on shared carbon-fiber tub and the same Ricardo-built 3.8-liter twin-turbo V8 engine and seven-speed twin-clutch transmission, is a much cheaper car.