, 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?
Fans in high places.
Photographer: DREW PHILLIPSThis 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.