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Posts with tag mclaren

Mercedes still rumored to buy out McLaren


Most rumors in the auto industry surface and are either confirmed or quelled. But here is one that keeps on popping up and has remained unanswered for years.

McLaren teamed up with Mercerdes-Benz back in 1995, and ever since automotive and motorsport journalists alike have been speculating that the German auto giant – which currently holds 40% equity – would buy out the British racing team. However, Mercedes officials have continuously downplayed the suggestion, and no such moves have been made after 12 years of collaboration. The party line from Stuttgart continues unchanged, however McLaren CEO Martin Whitmarsh is indicating otherwise. Speaking with the International Herald-Tribune (the overseas edition of The New York Times), Whitmarsh said "I would be deeply disturbed if Mercedes had no real interest in acquiring us. I think it's a tangible demonstration of their commitment to this".

If Mercedes did opt to buy out the remaining 60% (or acquire an additional 10.1% to acquire controlling interest), it would seem like odd timing. Despite competing at the front for many seasons running now, the collaborative effort of the two outfits in Formula One hasn't yielded a championship since 1999, to say nothing of the parting of company which the two have undertaken to replace the Mercedes SLR McLaren independently.

[Source: F1-Live]

Spy Shots: McLaren SLR Speedster hits the 'Ring


Click above for a hi-res gallery of the SLR Speedster.

The shutterbugs at KGP have captured the forthcoming McLaren SLR Speedster as it hits the Nordschleife for some testing. The car's expected to be lighter but just as powerful as the standard SLR and SLR Roadster, meaning it could conceivably be able to blow their respective doors off. A top end of 220 mph should be available to those who like to stare down the Reaper for kicks, and KGP reports that the car could be unveiled by the end of the month with one Lewis Hamilton behind the wheel.

Gallery: Spy Shots: McLaren SLR Speedster


[Source: KGP Photography]

Storms sweep through the 2008 British Grand Prix

SPOILER ALERT


Click for a hi-res gallery from the 2008 British GP

Storms swept through Silverstone this year for the British Grand Prix. First came the announcement of David Coulthard's retirement from Formula 1, which was followed by the announcement that, starting in 2010, the race would leave its historic home at Silverstone and move to Donington Park.

The decision by Formula One Management and the FIA followed years of calls for the ageing Silverstone track -- owned and operated by the British Drivers Racing Club -- to renovate and get itself up to the modern standards set by F1's newer tracks. However, after failing to secure government funding or sufficient private investment, the decision was made to move the event to Donington. So as the storms set in to close two major chapters of British motor racing history, the rain poured down on the penultimate running of the British Grand Prix at Silverstone. Follow the jump to read how it turned out.

Gallery: 2008 British Grand Prix

[Images: Getty/AFP]

Continue reading Storms sweep through the 2008 British Grand Prix

The Stepneygate postmortem -- what really happened in the F1 espionage scandal



Wired has posted a lengthy and thorough dissection of what really happened in last year's Stepneygate F1 scandal. The affair turned Ferrari an even more scarlet red, sucked $100,000,000 from McLaren's bank account and eliminated the team from the constructor's championship, ended the F1 careers of two F1 honchos, and possibly ended Ron Dennis' marriage.

And of course, being F1, it all starts with a tall blond, a sheaf of illegally-possessed documents, and a copy machine. After that come clandestine meetings in airports, furtive text messages, and sabotage. It's probably as close as you're going to get to Bourne or Bond in real life. Follow the link to read the full story.

Thanks for the tip, Todd!

[Source: Wired]

New McLaren supercar expected for 2010

With the mostly unloved Mercedes-Benz SLR McLaren set to get the official axe in 2009, the path is clear for the next McLaren-branded supercar to be unveiled. Expected to be built at its facility in Woking, England, McLaren has plans for the as-yet-unnamed vehicle to compete with Ferrari's incredible F430. Rumored to be powered by a 550-horsepower V8 engine featuring a basic design snagged from Mercedes and built by Mahle (that of the former Cosworth tuning fame), the power-to-weight ratio should handily outdo that of the Prancing Horse. Shortly after the new coupe codenamed P11 is unveiled, a convertible version is also expected.

True hardcore McLaren enthusiasts should mark 2012 as the year that McLaren returns to form with a proper replacement for its awe-inspiring F1 of a few years back. Powered by a lightweight version of the P11 architecture, this car codenamed the P12 is expected to be powered by a V10 engine with over 600 horsepower. The waiting list will likely start right... about... now.

[Source: Autocar]

Rumormill: Mercedes preparing to buy out McLaren


click above to view more high-res pics of the Mercedes SLR McLaren Roadster

No comment. That's what the Mercedes-Benz communications office had to say in response to rumors that the company is preparing to take over McLaren, the racing team and engineering firm of which Daimler already owns 40%. The report comes from Auto Motor und Sport and suggests not only that Mercedes is considering a buy-out of McLaren, but that the deal has essentially already been hammered out.

The remaining 60% is shared by team principal Ron Dennis and his Saudi business partner Mansour Ojjeh (at 15% each) and Bahraini holding company Mumtalakat, to which Dennis and Ojjeh sold 30% last year. Daimler therefore has the largest interest in McLaren, but if it wanted to take complete control it would have to negotiate with the three other shareholders, or else take controlling interest of 55 or 70% by buying out either Dennis, Ojjeh or the Bahraini partners.

McLaren currently produces the SLR supercar for Mercedes. Although Mercedes is reportedly turning to AMG spin-off HWA for its next supercar, McLaren is meanwhile proceeding with its own P11. Of course, McLaren also fields Mercedes-powered Formula One cars. If Daimler did buy out McLaren, as has long been rumored, it would effectively become the Mercedes factory works team, much like Honda bought BAR and BMW took over Sauber.

[Source: Auto Motor und Sport via Autosport]

Gallery: LA 2007: Mercedes-Benz SLR McLaren Roadster

Mercedes-Benz reveals Vodafone McLaren MP4-23 for 2008 F1 season

Lewis Hamilton is having a great 23rd birthday. Not only has he resigned with McLaren for a reported $138 million, but Mercedes-Benz presented him with a brand new car to drive next season, the MP4-23. McLaren's new F1 car was literally finished last night and then trucked over a 1,000 kilometers to the Mercedes-Benz Museum in Stuttgart, Germany. There it was unveiled by none other than Daimler chief Dieter Zetsche (we last saw him getting the hell out of Dodge). Along with other execs and media, Mercedes invited 700 workers from its Stuttgart plant to attend the festivities, as well. The car should be back on a trailer and headed to the Circuito de Jerez in Southern Spain as we speak, where Hamilton and his new teammate, Heikki Kovalainen, will give it a proper shakedown. As work began on this car began all the way back in November of 2006, it's no surprise that development of its replacement is already underway.

[Source: Mercedes-Benz]

Gallery: Vodafone McLaren MP4-23

Continue reading Mercedes-Benz reveals Vodafone McLaren MP4-23 for 2008 F1 season

Lewis Hamilton resigns with McLaren for $138 million

Reports are coming in that Lewis Hamilton, the phenom F1 driver that nearly won the drivers' championship last season, has resigned with team McLaren for a reported $138 million USD over the next five years. The deal keeps the now 23-year-old at McLaren through 2012, though he's said he would stay put for his entire career if they wanted him to (and paid him to). On average, Hamilton will earn $27 million per year through 2012, which is a big raise compared to the $700,000 base pay plus bonuses he earned last year, his rookie season. Looks like all that money used to pay F1 star Fernando Alonso last season will be going to Hamilton now, despite the fact he couldn't beat the Stig around the Top Gear test track.

[Source: Motor Authority]

McLaren to launch 2008 F1 challenger the day after Ferrari



While McLaren's next car is not expected to use any Ferrari technology, it will take after Ferrari in one way: the scarlet marque is launching is F1 challenger on January 6, 2008, and McLaren will do so the day after, on January 7. The move is a bit of a surprise, since McLaren said that it wouldn't be hosting a public launch of the car at all, hoping to diminish the scrutiny from nearly an entire season mired in scandal.

The now-very-public launch of the MP4-23 will take place at the Mercedes Museum in Stuttgart, and will be attended by head honchos all the way up to Daimler Chairman Dieter Zetsche. The event will be lacking, of course, a certain former World Champion and the Spanish sponsors he took with him back to Renault. In Alonso's stead will be Heikki Kovalainen, a lot of hope, and, if we know Ron Dennis, a commitment to regaining the number one status -- this time the right way.

[Source: World Car Fans]

Autoblog Podcast #83

Autoblog Podcast #83 was judiciously held back until after the embargo cleared, but we can now talk freely. The biggest news this week is the official unveiling of the Corvette ZR-1/Blue Devil. Powered by the new LS9 supercharged small-block, the car's performance is sure to be astounding. After laying eyes on the un-camoflaged car, hood porthole and all, we have to ask: is it overwrought? From ridiculous speed to ludicrous wordsmithing, we talk about the Nissan FORUM concept mainly for the chance to bash the hilariously composed press release. Maybe it was written in Japanese and they just passed it through translation software before releasing the announcement.

While we're being scornful, we turn our gaze to the new Knight Rider. We've been keepig an eye on all the news, and let's just say we expect the show to fail. The new Mustang-based KITT, even in Attack guise, is no Super Pursuit Mode original KITT. We wrap up with some discussion of Hyundai's move toward a turbocharged 2.0-liter direct-inject engine (GEMA?) and take that off into a discussion about the expanded selection of good, inexpensive, and powerful coupes. The finale is some speculation about the rendering of a new McLaren supercar, as well as analyzing the absurdly high price of the BMW 1-series. 43 minutes will do it, see you next week!

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