McLaren Success
#5311
Rennlist Member
I got to test a 600lt at Dunsfold when they were first coming out. I gotta say it surprised me a lot, in a good way. First time I got out of something and back into my Gt3 (991.2) and felt like my steering/chassis feedback felt slightly numb in comparison.
#5312
#5313
Pro
#5315
Nordschleife Master
Thread Starter
The following 5 users liked this post by Maverick787:
AllAboutThatP (06-21-2020),
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Unframed (06-22-2020),
Watson (06-25-2020)
#5316
Pro
#5317
same here.
600LT made a real big impression on me after testdrive.
570s is OK car, but 600LT is something really different
#5318
DD
Last edited by Tombstone4478; 06-23-2020 at 07:17 PM.
#5319
If anyone is interested i will be trading back my 600LT Spider soon. Its an amazing car but I'm going after a unicorn. i will sell it privately (through my dealer) for a lot less than they will. 950 miles, perfect car, and perfect condition. Tons of MSO, its literally the only 600LT ever made for the entire world in this color called Laurel green, i had to go through a paint approval process, almost like PTS. Senna seats. all the things you'd want and nothing you wouldn't. PM me for details and if interested.
thanks
thanks
#5321
McLaren Hits Creditors With Lawsuit As It Tries To Secure Much-Needed Funds
BY BRAD ANDERSON | POSTED ONJUNE 24, 2020 4Things were looking very rosy for McLaren at the start of the year but the coronavirus pandemic has left it looking for cash to avoid insolvency.In May, it was confirmed the British company would cut its workforce by 25 per cent and McLaren is also looking to sell a stake in its Formula 1 team. Now, in an attempt to secure the money it desperately needs to survive, it has filed a lawsuit against some of its creditors.
Forbes reports that McLaren pays its suppliers 60 days after the end of the month that they submitted their invoice. As the company only sold 307 vehicles in the first quarter of the year, well down on the 953 cars it sold in Q1 last year, its pre-tax loss has increased to $165.56 million and it is struggling to pay these invoices.
Read Also: McLaren Looking To Sell Up To 30 Percent Of Its Formula 1 Team
To raise the necessary funds, McLaren wants to release the security of its property and historic car collection so that it can sell them or secure another loan on them. The car manufacturer and racing outfit had previously used its headquarters and car collection as collateral for loans in 2017 when it bought out Ron Dennis’ stake in the company. The owners of McLaren’s bonds have, however, refused to release the assets from the security, prompting the lawsuit.
In legal filings issued prior to a hearing on Friday in London’s High Court, McLaren said that “the Proposed Transactions will enable the Group to access the additional liquidity that is required to ensure that the Group can continue as a going concern into 2021. This will provide a significant benefit to the creditors of the Group (by preventing a cash flow crisis and a value destructive insolvency).”
McLaren added that its properties and heritage car collection represent roughly a quarter of the group’s total assets.
The parties involved will look to resolve the issue through a two or three-day trial starting July 2.
The following users liked this post:
pdxjim (06-29-2020)
#5322
McLaren Hits Creditors With Lawsuit As It Tries To Secure Much-Needed Funds
BY BRAD ANDERSON | POSTED ONJUNE 24, 2020 4Things were looking very rosy for McLaren at the start of the year but the coronavirus pandemic has left it looking for cash to avoid insolvency.In May, it was confirmed the British company would cut its workforce by 25 per cent and McLaren is also looking to sell a stake in its Formula 1 team. Now, in an attempt to secure the money it desperately needs to survive, it has filed a lawsuit against some of its creditors.
Forbes reports that McLaren pays its suppliers 60 days after the end of the month that they submitted their invoice. As the company only sold 307 vehicles in the first quarter of the year, well down on the 953 cars it sold in Q1 last year, its pre-tax loss has increased to $165.56 million and it is struggling to pay these invoices.
Read Also: McLaren Looking To Sell Up To 30 Percent Of Its Formula 1 Team
To raise the necessary funds, McLaren wants to release the security of its property and historic car collection so that it can sell them or secure another loan on them. The car manufacturer and racing outfit had previously used its headquarters and car collection as collateral for loans in 2017 when it bought out Ron Dennis’ stake in the company. The owners of McLaren’s bonds have, however, refused to release the assets from the security, prompting the lawsuit.
In legal filings issued prior to a hearing on Friday in London’s High Court, McLaren said that “the Proposed Transactions will enable the Group to access the additional liquidity that is required to ensure that the Group can continue as a going concern into 2021. This will provide a significant benefit to the creditors of the Group (by preventing a cash flow crisis and a value destructive insolvency).”
McLaren added that its properties and heritage car collection represent roughly a quarter of the group’s total assets.
The parties involved will look to resolve the issue through a two or three-day trial starting July 2.
The following 2 users liked this post by SSO:
AllAboutThatP (06-25-2020),
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#5323
Question, any 675LT or 720S guys track their cars? How do they hold up compared to a 3RS?
#5324
Intermediate
Both cars were bulletproof and I was quicker in the 675 regardless of which track I was at. If I had to chose one...it's a no brainer...675LT....only thing the RS had over the LT was the sound.
Completely different experiences on the track (and road for that matter) but the LT is a step above an RS in terms of fun factor and laptimes for me.
The following users liked this post:
heshalosny (06-29-2020)
#5325
I'm the original owner of a 675LT with about 10k miles on it...approx 1/2 those miles on the track. Also owned a 991.1 GT3 RS for a couple of years and had similar amount of track miles.
Both cars were bulletproof and I was quicker in the 675 regardless of which track I was at. If I had to chose one...it's a no brainer...675LT....only thing the RS had over the LT was the sound.
Completely different experiences on the track (and road for that matter) but the LT is a step above an RS in terms of fun factor and laptimes for me.
Both cars were bulletproof and I was quicker in the 675 regardless of which track I was at. If I had to chose one...it's a no brainer...675LT....only thing the RS had over the LT was the sound.
Completely different experiences on the track (and road for that matter) but the LT is a step above an RS in terms of fun factor and laptimes for me.
I would be looking to track it as much as I am doing in my RS. 600LT's don't do anything for me but the limited production of an LT makes it more appealing.