McLaren will invest more than $2bn from its Abu Dhabi owner over the next five years to expand its line-up beyond two-seater supercars as the struggling British manufacturer seeks to break out of its “perilous” financial situation.
Since McLaren’s merger with upmarket UK electric vehicle start-up Forseven Holdings in April 2025, chief executive Nick Collins said, the group had needed to move quickly to clear debt, reduce its stock of cars and turn itself around.
“The company was in a perilous position,” the former Jaguar Land Rover executive and Forseven boss said in an interview at McLaren’s new design centre in Oxfordshire, adding that “change was mandatory and it was urgent”.
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