A performance SUV will be the centrepiece of McLaren’s new model expansion, underwritten by a £500-million investment in the group’s British R&D and manufacturing capabilities.

 

The funds – from McLaren Automotive’s owners L’IMAD, the investment arm of Abu Dhabi – are set to overhaul the supercar maker’s portfolio, pushing into new markets with a rival for luxury SUVs the Ferrari Purosangue and Aston Martin DBX707.

 

The investment should breathe new life into the UK company, which includes R&D and supercar assembly in Woking (alongside the Formula 1 operation), design in Oxfordshire and carbon-fibre tub manufacturing in Sheffield. At least 1,000 direct jobs should be created by 2032.