McLaren announces 6-year investment programme

McLaren announces 6-year investment programme

Just over six years after the company was formed, McLaren has announced details of its Track22 Business Plan, taking it through the next six years through to 2022.

Maintaining a spotlight on the development of the world best drivers’ cars, McLaren will continue to focus purely on the development of two-seater sports and supercars. At the heart of the Business Plan is a commitment to its industry-leading 20-25 percent of turnover invested in Research and Development for future products and technology. Over the six-year Business Plan period, this represents an investment of £1 billion and will lead to the launch of 15 all-new cars or derivatives.

The launch of the new 570GT at the Geneva Motor Show represents the culmination of new model introductions for 2016. McLaren also confirmed the addition of a Spider derivative within its Sports Series family in 2017. Following the positive reception of the 675LT Coupe and Spider models, which sold out in a matter of weeks, McLaren has also announced that "LT" will become a track-focused sub-brand with further models in the future.

Subsequent to the global success of the petrol-electric hybrid-powered McLaren P1, McLaren has confirmed that at least 50 percent of its cars will feature hybrid technology by the end of the Business Plan period. Research engineers at the McLaren Technology Centre in Woking, England, are also in the early prototype stages of the development of a fully-electric powertrain to evaluate its possible use in a future generation of an Ultimate Series car.

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