CEO Nick Collins confirms W1 hypercar deliveries will coincide with announcement of new combustion lineup
McLaren will announce its post-2024 acquisition strategy this summer. CEO Nick Collins confirmed timing. The reveal coincides with W1 hypercar deliveries. New combustion sports cars included.
The announcement ends eighteen months of uncertainty following McLaren's ownership change in 2024 and Collins's appointment as chief executive. According to automotive industry publication Autocar's April interview with Collins, the plans will encompass both traditional sports car replacements and expansion into what the company termed 'new product categories' in an April 2024 statement.
Summer Timeline Confirmed
Collins told Autocar the company will 'start to unpack' its broader plans when W1 hypercar deliveries commence. The first vehicle in the revamped lineup will debut as a concept before production begins, expected before year-end 2025. Timing aligns with delivery schedules. 'From this summer, we start to go external with our plans, whether it's because we're starting to deliver W1s or because we're showing you product,' Collins explained to the publication. External communication has been limited since the ownership transition completed.
P47 SUV Specifications
The rumoured SUV carries internal codename P47. Five seats planned. Industry reports suggest proportions matching the Porsche Cayenne Turbo GT, which measures 4,931mm length by 1,983mm width by 1,676mm height. McLaren has not published dimensional targets. Hybrid powertrain confirmed through multiple industry sources, though the company declined to specify electric motor output or battery capacity when contacted by automotive publications. Production volume projections remain undisclosed.
Electric Vehicle Strategy
Collins addressed McLaren's electric vehicle timeline in the Autocar interview, stating the company will build an EV 'when our customers want one'. Current market conditions do not support immediate electric McLaren development, according to the chief executive. 'The timing isn't right just yet,' he told the publication. More details promised for summer announcement. This contrasts with rival Ferrari's first electric model, scheduled for late 2025 production start at the Maranello facility.
750S Replacement Confirmed
McLaren committed to developing new combustion sports cars, including a 750S successor. The current 750S launched in 2023 with a 4.0-litre twin-turbo V8 producing 740bhp. Production numbers have not been disclosed. Replacement timing depends on the summer announcement schedule Collins outlined to Autocar. New ownership brings fresh investment capital for model development, though specific budget allocations remain confidential. Industry observers expect pricing above the 750S's £240,000 starting figure when the successor reaches production.
Ferrari delivered 13,663 vehicles in 2024, generating €6.55 billion revenue. McLaren has not published comparable figures since the ownership change. The company's expansion into SUV territory follows Lamborghini's successful Urus model, which accounted for 64% of the Italian brand's 10,687 deliveries in 2024. Competition intensifies across luxury performance segments. The complete McLaren model history and specifications are catalogued in the Global Auto Index manufacturer database.
