neoprufrok

Yeah, I haven't had a problem with my 675LT which is now at 8.5k miles. It's been tracked, driven everywhere and to work.

CAlexio

https://www.yahoo.com/amphtml/autos/...205139020.html


Hoping it's not actual selling of their collection


https://www.yahoo.com/amphtml/autos/...205139020.html

Waxer

I’m sure there are satisfied happy Mac owners. Never thought there weren’t. But..obviously something has or a combination of things has led to very troubled financial issues for them. See post above.

I wish it were different.

hf1

I thought the plan was to use the collection as collateral for a loan, not sell it.

Maverick787

F1 losing tons of cash, car division is profitable. Covid-19 driving lots of liquidity issues .......hell Hertz is filling BK many more to file.

SSO

Agree, the main financial drag is the F1 team: https://karenable.com/aston-martin-f...ns-challenges/

F1tifosi

This would be really sad. I am blessed to have visited Woking (McLaren Technical Center) and personally witnessed and seen Ayrton Senna, Alain Prost, Bruce McLaren, etc. cars and the collection is amazing.. Hope they can find other avenues to raise cash and that is NOT a good sign..

Waxer

then they need to dump F1. Seems simple to me.

Waxer

Actually, for their brand which really is centered around high performance/sports cars for the public market I think developing an IMSA/FIA team would be and would have been way, way more beneficial for them. Win on Sunday and sell on Monday. Its a time proven recipe. That's where I would have pushed to position the company if I was in charge. IMSA/FIA is likely much less expensive than F1 by far and targets the sports car crowd. The very crowd that would go out and buy a winning and competitive car.

If they raced homologated models of what they sold to the public they would develop a better product through racing, develop more of a following as to those looking to buy a performance street car, show their product was durable and reliable and can win or compete in class. That would start to draw a lot of people to their cars imho. More so then I think F1 where the cars they sell have absolutely no visible connection to their F1 cars. They have been playing in the wrong sport imho and dumping huge boat loads of money to do so.

Once they have reached a success level like Ferrari, Mercedes etc...then go play in the F1 pool too. But as a new company and now??? No.

Then they need to offer a better dealer network, a more reasonable extended and CPO warranty program that would draw me and I believe many others in. It would improve image and in turn resale. I would then likely bite the McLaren hook and want to at least try one and have the experience of having owned one.

AlexCeres

it’s collateral. They’re not being sold. McLaren isn’t insolvent.

That said, it’s not a good sign they’re having difficulty securing credit on acceptable terms without collateral

Guest89

McLaren doesn’t have a GTE/GTLM car (they never have, in fact). They race the 570S GT4 in the Michelin Pilot Challenge series, and there was a 720S GT3 in the GTD sprint championship last year (so they paid the $1MM IMSA marketing fee). They just don’t have the resources to commit a true factory effort to sports car racing, especially versus the extraordinary global exposure they receive through Formula 1. Zak Brown has floated various other avenues through which they might compete in IMSA or the WEC, but none have come to fruition. They also have a nascent Indycar effort in the Arrow McLaren SP team.

Waxer

Dave: But that's exactly my point. They should have been competing in IMSA GTE/LM. That's the class to show case their products. F1 doesn't show case their products. Porsche, BMW and Lambo don't do F1. They race what they sell.

The F1 crowd doesn't relate to or care much about IMSA and F1 is brutally expensive. If Mac wins F1 series for me as a customer looking for a high performance sports car, while its cool they won F1, in the end analysis I don't see the relation to the car they are trying to sell me. I am not buying an F1 car. I want to drive a car that competes with the world's best sports cars in the crucible of racing and does so successfully. That means a lot to most guys who are buying these cars I believe. The product Mac sells are sports cars. They should be or should have been racing them as a manufacturer. Prove their products can compete against the competition. Then you will get a lot of attention from guys shopping and cross shopping this genre' of car.

MHO.

RennOracle

What I heard on the collection is that they will use it as colateral, the same way banks build mamoth sized buildings in very expensive parts that no other company will ever spend the money to acquire or even rent, they find a way to over-evaluate them and ultimately use it to borrow more money on that.
That's why Porsche really started building and focusing on their collection around decade ago.

RennOracle

..

RennOracle

Mclaren reliability is an iffy issue, most streams from the lack of dealership/specialist network, BUT SO much streams from the ignorance of owners that is caused from the lack of an body of info online (Rennlist/pistonheads in my opinion are responsible for a MASSIVE part on the Porsche reliability claim to fame), as well as not taking the time to read the manual and be a little autodidact.

A mclaren will chime, throw warnings, errors, do some fckd up **** (not engaging parking brake automatically after an long hard run), it's scary for those who are not used to it, but they are 98% benign and in reality mean nothing.
Then you have the press of the brake, that people still bitch about, you might have some window aligment issues that you can fix by yourself in seconds, same with the active aero that sometimes fault, 3 minutes to fix it, but owners just don't care, they come with an idea of unreliability, how complicated the cars are and they just throw on the towel, send the car to the dealer that is far away, dealers turnaround per car is gigantic because of how time consuming they are to do anything and what could be 1 hour to fix everything well will take 3 weeks, the guy transporting the car will leave the key inside the car and just drain your battery, you will get the car and another set of errors and a big bill waits for you and now it will just take another 3 weeks to solve the problems that came from fixing the other problems and at the end 2 months passed and you barely drove the car.
Because you love the car you just eat the bill and the off road time and receive the car with expectation, you promised yourself that you will do a proper blar as soon as you get it to compensate all the time lost, you get it, car is half warm and you give it some hell, all sorts of engine faults and visit the dealer pleas insue, and yet again the same cycle is in the horizon, all because of a bit of ignorance caused by Mclaren and lack of an knowledgeable/experienced community.

Time, tuning shops, a new clientele that is more hands-on will eventually trickle down into Mclaren ownership and reverse all of this and Mclaren will start to sharp some ruff edges to top it off and these types of conversations will not occur so much.
720s is bringing some twin turbo lambos and big power 911 turbo turbo owners, this sounds irrelevant but these guys are used to try to understand the cars, to deal with issues, to work on their cars, they are clients for diagnostic tools, for tuning shops (that will end up getting to know the cars and it's faults and try to solve them, while in the quest for power), for aftermarket parts, all of these external inputs will eventually trickle down to the common owner and just smooth out the errors Mclaren did, like it happen with the 997 gt3 rs, coolant pipes, lsd made of butter, variocam bolts, water pump issues, center lock etc etc, all solved by several aftermarket companies and made the ownership quite better than it would otherwise ever be, without them the car would be quite simply a lemon.