Project FinanceData
McLaren commits £1.5bn under L'IMAD ownership, first SUV enters production
British manufacturer allocates £500m to factories, engines and models as Abu Dhabi-based owner funds expansion.
McLaren has committed £1.5 billion to an overhaul programme under the ownership of L'IMAD, the Abu Dhabi-based entity that acquired the British supercar manufacturer. The investment includes £500 million allocated to new factories, engines and models, with the company's first SUV now entering production. Arabian Business reported that L'IMAD is attempting to turn years of losses at McLaren into Ferrari-level returns.
£500m factory and powertrain allocation#
The £500 million portion of the total commitment is directed to manufacturing facilities, engine development and model expansion. McLaren's first SUV represents the initial output from this capital programme, with production now underway at the company's UK operations. The allocation covers both physical plant and powertrain engineering, extending the manufacturer's product range beyond its existing supercar lineup. L'IMAD acquired McLaren and has structured the investment to fund capacity additions and new vehicle categories.
SUV production commences#
The first McLaren SUV has entered production as the lead programme under the £1.5 billion investment. The vehicle marks the manufacturer's entry into the sport utility segment, a category it has not previously served. Production is taking place at McLaren's Woking facility, with the model representing the first commercial output from the capital allocation announced under L'IMAD ownership. The SUV programme forms part of the broader model expansion funded by the £1.5 billion commitment.
L'IMAD ownership structure#
L'IMAD, based in Abu Dhabi, holds the ownership position in McLaren and is the entity funding the £1.5 billion programme. Arabian Business reported that the owner is attempting to convert years of losses into returns comparable to Ferrari. L'IMAD's acquisition of McLaren preceded the announcement of the multi-year investment commitment now being deployed across the Woking site and its associated engineering operations.
Capital deployment timeline#
The £1.5 billion programme is structured across new factories, engines and models, with the £500 million manufacturing and powertrain allocation forming the first tranche. The SUV production launch represents the initial delivery from the investment, with further model introductions and facility expansions scheduled under the multi-year plan. McLaren has not disclosed the completion date for the full capital programme or the production targets for the SUV now entering manufacture.
Sources1 source across 1 domain
- arabianbusiness.comArabian Business£1.5bn investment commitment by L'IMAD, £500m allocation to factories, engines and models, first SUV entering production, years of losses and Ferrari-level returns attempt
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