McLaren Begins Selling Cars From Museum Collection To Fund Artura Development

McLaren Begins Selling Cars From Museum Collection To Fund Artura Development
In order to fund the McLaren Artura, the Woking-based company has sold a number of cars out of its heritage collection, Automotive News reports. The buyer of the cars is Bahrain's Mumtalakat Holding company, which owns a 60% stake in McLaren.

McLaren needed funding after issues with the Artura required "certain technical upgrades." These issues set off delivery delays at a very fragile time for the company. Its financial struggles are well known, and Mumtalakat has agreed to fund the brand with another $123 million in order to remedy the issues with Artura.


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