Flip through the latest issue of Gulf Weekly.
McLaren Automotive, partly-owned by Bahrain’s sovereign wealth fund, Mumtalakat, has announced a wide-ranging multi-million dinar business plan that will take the company to its 15th anniversary.
Called Track25, it sets out a roadmap for future vehicles, production and technology that the British company says will allow it to continue to position itself as a major global player in the sportscar and supercar market.
McLaren is committed to ensuring that its range of vehicles will be hybrid within seven years. It will also evaluate augmented driving features and help develop a battery system for performance applications with more than 30 minutes of electric range around a race track.
A £1.2bn planned investment includes 18 new models or derivatives lifting production by almost 75 per cent to around 6,000 cars a year by the middle of the next decade. “We’re a luxury brand that is committed to investing in innovation,” said Mike Flewitt, CEO, pictured above, McLaren Automotive.
