Any accountant will tell you that buying a car is a bad investment. Something about 20% depreciation when you drive off the lot and so on. Of course that formula applies to many cars on the market. In fact, many luxury brands are susceptible to those standard depreciation rates. The normal rules don’t apply on the other end of the spectrum when your entire production run is sold out before the first car is delivered.
McLaren exemplifies the phrase “devoted to your craft”. Concentrating mostly on racing and race cars, McLaren tried in 1969 to bring a road car to market but Bruce McLaren’s unfortunate death derailed plans for the M6GT. In 1991, McLaren came back to the market with the highly successful F1 supercar. The F1 was a technological marvel that broke speed and auction records with its tiny production run of only 64 ‘road versions’ that ended in 1998.
A new era in ‘hypercars’
McLaren returned to the ‘road car’ market in 2013 with the hand built P1 hybrid supercar and it set new standards for sports car performance, technology, aerodynamics, ergonomics and plain raw track ability. If the F1 was a testament to McLaren’s racing heritage, the P1 screams it with an blistering 903 horsepower split between a 3.8L twin turbo V8 and a 176 horsepower McLaren designed electric motor. A track ready mid-engine, rear drive layout is supported by a proprietary carbon fiber monocoque structure safety cage.
Perfectly balanced geometry and enhanced handling technology allows the P1 to excel on the track as well as the street. The P1 will get to 100 km/h in 2.8 seconds and has a top speed of 217 mph putting in the stratosphere of performance numbers. McLaren enthusiasts will instantly recognize ‘the swoosh’ in the P1’s lighting system.
The P1 races into the sunset
McLaren recently ended production of the P1 at the proposed 375 units. All cars were sold before the first P1 was delivered and were priced around $1.35 Million USD. Limited production numbers and the quick sell out points to higher resale values for the P1 when they eventually hit the auction block. Although, heralded as one of the era’s greatest automotive achievements, we doubt any P1’s will come to market in the near future.
There is good news and bad news. The good news is that McLaren will continue production of its not-even-close-to-being-street-legal P1 GTR track spec only edition until 2016. The bad news is you have to have already owned a P1 to be invited to buy one. That’s a club we would gladly be members of.
By Doron Levy Courtesy TheTopTier Digital Media