McLaren Expects Profit to Rise Fourfold This Year on P1 Supercar

McLaren Automotive Ltd., the carmaker famed for its Formula One racing arm, expects pre-tax profit to rise fourfold this year on deliveries of its already sold-out million-dollar P1 supercar.

“It’s the main year in which we deliver McLaren P1s,” Paul Buddin, the Woking, U.K.-based carmaker’s director of finance, said in an interview in Tokyo today. “You can expect quite a strong impact on our turnover and profits.”