McLaren Will Make More Than Supercars
New investment into McLaren's car business will see the company's portfolio "expanded into new product categories."
McLaren will soon undergo a huge corporate shakeup. Over the next six months, the British supercar maker will be restructured into a new holding company, merging with Forseven, a British startup backed by CYVN Holdings, the Abu Dhabi-based company that agreed to purchase McLaren back in October.
This restructuring brings heaps of new capital into the business. In addition to building sports cars, the new holding company, McLaren Group Holdings, will expand into "new product categories," according to an announcement from the brand published on Thursday.
Details of McLaren's portfolio expansion won't come until later this year, but CYVN says its strategy involves "high-performance and luxury sectors, setting a new benchmark for excellence, and transforming McLaren into a high-performing British automotive business on the global stage."
2025 McLaren W1
Going forward, McLaren Group Holdings will be led by Forseven CEO Nick Collins. In an interview with Autocar, he confirmed McLaren would launch a range of cars in the luxury market, at higher price points. That likely means we'll see a McLaren SUV or sedan soon.
That backs up rumors we've been hearing over the past two years regarding the company's plans to launch a high-riding competitor to the Aston Martin DBX707 and Lamborghini Urus. Previous reports suggest McLaren will launch an SUV in 2028. Going by this investment, we'd say that's still on track.
"We have a clear strategy to achieve our vision, and we will move at an incredible pace to do so," Collins said in a statement. "We need to optimize operations, deliver efficiencies, and reshape the new integrated organization, so that we can grow our portfolio of cars, enhance customer experience, and continue strengthening our global supplier and dealer relationships.”
RECOMMENDED FOR YOU
McLaren Teases Its Le Mans Race Car You Can Buy
'Like Come On Meineke': Man Goes To Meineke For Car Inspection. 5 Hours Later, He’s Still There
McLaren Will Reveal Its Big Comeback Plan This Summer
Xiaomi Beats Audi To Claim Nürburgring SUV Record
States Are Finally Cracking Down On Montana's Supercar Registration Loophole
BMW’s Smallest Car Will Be Rear-Wheel Drive Again
I Drove A McLaren On Miami's F1 Track. It's Not What It Looks Like On TV