, Columnist
McLaren Supercars Have Some Very Wealthy Superfans
Legacy automakers might balk at acquiring another trophy asset and a SPAC merger looks like a stretch. Might a tech company be interested?
This article is for subscribers only.
It says something about McLaren Group’s unfortunate predicament that some of the defining moments in its recent history have happened in a courtroom, rather than on the racetrack.
McLaren’s lawyers filed a petition in June warning that the company would run out of money if bondholders prevented it from mortgaging trophy assets, including its Norman Foster-designed British headquarters.