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McLaren P1 Track confirmed as McLaren Automotive goes in to profit

McLaren are building a track version of the P1 (pictured) for P1 customers only It’s only three years since McLaren Automotive entered the hugely competitive market for high-end supercars (well, it’s four years, but only three since the first 12C went to a customer), but it’s already in profit. McLaren made an operating profit in 2013 of £12.4 million (and a pre-tax of £4.4 million) on sales of £284.4 million and did so – as predicted – by hitting their sales targets – McLaren sold 1359 12Cs and 36 of the McLaren P1 hypercar. And that looks to be just the start.

VW 'to announce its WRC entry' at Rally Sardinia

VW Polo R WRC (2011): Volkswagen enter the WRC High-level sources in an existing World Rally Championship team have told CAR that Volkswagen will formally announce its decision to enter the WRC at Rally Sardinia, which starts on 5 May 2011, somewhat stealing the thunder of Mini’s WRC debut. It’s believed that sister firm Skoda’s Fabia Intercontinental Rally Challenge car will be used as the first step in development. This car currently runs to the 2.0-litre naturally aspirated S2000 rules, so one of the first steps will be to switch to a 1.6-litre turbo.

Porsche Panamera prices announced

By Ben Pulman Motor Industry 12 March 2009 12:50 Porsche has announced UK prices for its Panamera, and that all PDK-equipped cars will come with stop-start technology - the ‘entry-level’ S starts at £72,266, rising to £95,298 for the range-topping Panamera Turbo. By comparison, a Cayenne GTS is £54,085 and a Cayenne Turbo is £75,137 For a start there’s the 493bhp twin-turbo 4.8-litre V8 mated to Porsche’s four-wheel drive system and seven-speed double-clutch PDK gearbox. Then there are also 19-inch wheels, adaptive air suspension, a 14-speaker Bose sound system, metallic paint, heated front and rear seats and a multi-functional steering wheel.