Revans134

Yes they do use the same engine all the way from the 2019 570 up to the 720, it is all tuning that makes the difference. The pirelli tires and the Mac just can’t lap as fast as the GT3RS but is a much more enjoyable cruising car. Both are unique in their own right

horns

Are the turbos the same too?

nolocontendere

570 has the M838T the 720 has the M840T. 3.8L vs 4.0L. It’s not just tuning.

yesyoucan

People who have the cars and know what they are doing with them or live in that type of community don't rely on magazine lap times. (they are out and about doing it and know how the cars are set up, driver skill, conditions, etc.). It is a different reality in real life rather then magazine tests...

Go to his youtube channel and he has a 1:49 in a mclaren 600 LT at Button-willow, another guy did a 1:50 in a 12c with P-zero tires, a pista did a 1:49 and a mclaren 720s did a 1:48. (there is a gt3rs driver that consistently does 1:51 at buttonwillow. (13cw configuration which is the most common and popular config). These lap times are posted but part of HPDE days. (you have to be an insider to know whether to throw out these lap times (ie; non street tires, etc.). However, the lap times i posted in this paragraph are not on fastestlaps or other magazine tests. Real times by real drivers on street tires.

The 12c and gt3rs lap times (Laguna Seca which are the track records for both cars) aren't posted anywhere except for the owners youtube channels.

Waxer

If I owned a Mac this would just be another concern right now. A big one.

I've said this before, if the economic fallout from this continues and/or if the public purchasing mindset changes to be one of far more caution, savings, avoiding crowds the performance car market across the board will be hurt with less offerings including possible brands that aren't diversified folding. Brands like Lotus, Aston, Mac etc.. are brands I am concerned about possibly folding.

Will people come out for sports? Will they come out for NASCAR, F1, Indy, IMSA etc....? Will they come out for theatres, concerts, clubs, restaurants? The list goes on.

I would hate to see these companies fold. I love their cars.
Hoping we can get back to life as it was sooner than later.

Guest89

See my fairly detailed post a page or two back. There are revenue pressures for most companies worldwide right now, but McLaren Group has several (well-documented) recent developments:

1 - Capital Raise at a likely lower valuation (based on participation from existing, long-term investors)
2 - Cut production of the Elva - likely their highest margin product in history - to “enhance exclusivity”
3 - First F1 team to furlough staff
4 - Zak Brown comments post-capital raise: “as it relates to F1, it is no secret we lose a lot of money and my shareholders want value creation out of F1. So just letting the losses widen is not an option.“
5 - Zak Brown continues to agitate for a lower cost cap in F1

Another non-financial issue that could impact McLaren’s F1 efforts relates to their power supply in F1.

There are 4 current power unit suppliers: Mercedes, Ferrari, Renault, Honda. McLaren left Mercedes power to partner with Honda in 2015, which was an unmitigated disaster. Then they moved to Renault in 2018, and plan to return to Mercedes in 2021. There is a credible risk that both Renault and McLaren might withdraw from F1 in the wake of coronavirus fallout; either as factory efforts or as power unit suppliers. How embarrassing would it be for McLaren to have to go to Ferrari and beg to buy power units from them?

More power unit analysis here: https://www.racefans.net/2020/04/08/...nancial-shock/

Gary(SF)

If both Renault and Mercedes pull out, F1 is in big trouble.

stanwine

Interesting video by Chris Harris comparing the GT3 RS and 650(not 675).

https://www.topgear.com/videos/chris...s-mclaren-650s

Maverick787

675LT was a 2016 model may not have been out yet when this was shot.

Maverick787

Interesting read ..........

https://karenable.com/aston-martin-f...ns-challenges/

flsupraguy

I love the Karenable articles, I wish he posted financial articles as well.

Maverick787

2019 EBITDA is listed against gross revenues with should include F1 business which is the laggard.

Guest89

Great read. He touches on a few of the things I mentioned about McLaren, but doesn’t comment on the most recent capital raise, which was announced simultaneously with the appointment of Paul Walsh.

McLaren Group needs to extract greater financial contribution from Formula One, either by lowering costs - which is why Zak Brown is the loudest voice agitating for a much lower budget cap than the initially agreed upon $175MM figure - or performing at a level that would be competitive with the top trio of teams (more prize money). Or, ideally, both.

Re: Aston Martin, Lawrence Stroll’s pathway to value creation that SSO illustrates implicitly assumes no leverage associated with his Yew Tree consortium’s capital injection.

On another note, Ferrari’s Q1 earnings call will be exciting!

SSO

Interesting comment, any suggestions?

flsupraguy

Just the fact you get straight to the point by referencing EBITDA numbers shows you really know you are talking about. You are obviously very successful and have a unique (in a good way) sharing about cars so I assume your financial insights would be even more enlightening.