Patrick C Conway BA FCMA FIMI’s Post

McLaren Group CEO calls for UK to be a supercar 'centre-of-excellence' for next-generation battery technology 🔋 McLaren Automotive CEO, Michael Leiters has been quoted saying: "A clear industrial strategy, led by investment in the domestic supply-chain, will deliver growth, support jobs, help decarbonise the economy and secure a vibrant future for the UK performance car industry." "The UK was once the world's largest vehicle exporter. Today it remains home to some of the world's most admired performance car brands, as well as the majority of Formula 1 racing teams," says Mr Leiters. I think he offers some brilliant points, and hopefully, his expert words are taken seriously. You can read more about what Mr Leiters had to say here: https://lnkd.in/dZzCnYDB

What a fantastic Ferrari N.V. result again 💪 Ups 2024 guidance ! 👉 Revenues and profitability were up double digit. 👉 More than 7 000 shipped cars in H1 2024. 👉 Sponsorship, commercial and brand(8) revenues reached Euro 168 million, up 13.8% It has been remarkable to follow the financial journey of Ferrari N.V. The Italian manufacturer has consistently reported double-digit growth in nearly every quarter, and the Q2 2024 results are no exception. Net revenues in Q2 = 1,712 million € + 16 % EBIT in Q2 = 511 million € + 17 % Adjusted EBIT margin of 29.9% Benedetto Vigna, CEO of Ferrari: "We are delighted to announce excellent financial results in the second quarter of 2024, which demonstrate again a strong execution and continued growth. Our net revenues and profitability were up double digit, sustained by the enrichment of the product mix and the increased demand for personalizations, which led us to upgrade our 2024 guidance” Photo: Ferrari N.V.

Such a shame that two #British Sports Car Brands with fantastic products do not provide a return for the shareholders, McLaren Automotive Ltd & Aston Martin Lagonda Ltd, despite the on going involvement in Formula 1 ...... Thank goodness they have deep pockets........ ---------------------------------------------------------------------- • Helping you achieve your dealership exit strategy goals. • Using my vast experience and extensive industry network to get the best price for your business, quickly, efficiently and confidentially. • Let’s talk today about maximising your property portfolio and realising your dreams. We can make it happen. DM me and let’s begin the journey together. #automotivedealerships #cardealerships #motorcycledealerships #roadsideproperty #alternativeuse

While McLaren Group recent financial struggles are no secret, a brighter future could be on the horizon. Bahrain Mumtalakat Holding Company ("Mumtalakat") taking full ownership can provide much-needed stability. Here's why this could be a game-changer for McLaren: * Financial breather: Mumtalakat's resources can be a lifeline, helping McLaren recover and focus on long-term goals. * Bye-bye shareholder pressure: Free from the need to appease short-term investors, McLaren can prioritize strategic investments in new technologies and develop groundbreaking supercars. * Investment boost: With Mumtalakat's backing, McLaren can step on the gas when it comes to innovation, propelling them forward in the ever-evolving world of automotive technology such as paving the way to develop electric versions. 🏎️💨🧡Get ready to see McLaren zoom ahead #McLaren #Supercars #Mumtalakat #FutureofMobility #Bahrain

LIVE NEGOTIATION: Negotiating a Porsche GT3 RS for $400,000. But it's modified.... #porsche #gt3rs #carforsale #luxurycars #carmarket #fy #fyp @jsautohausgroup

McLaren Automotive GroupQ3 (YTD) 2024 Results ● Delivering on our core fundamentals – performance continues on track, withpositive momentum from our refreshed product line-up ● Exciting launch of our new flagship model, the ground-breaking McLaren Group W1 ● Strong volumes growth year-on-year – up 80% in Q3 and 55% YTD, driven bydemand for the 750 Sand the new Artura Spider and Coupe ● YTD Revenue up 80% to £618m (YTD 2023: £343m) and EBITDA up £129m to£(19)m (YTD 2023: £(148)m) from increased volumes, a broader model mix andimproving margins ● Stable production delivery, enabling a full year wholesale volume forecast of circa.3,200 vehicles ● Liquidity of £185m at September 2024, supporting ongoing investment into futureproduct lineup ● McLaren Group’s shareholder, Mumtalakat, announced in October that a nonbinding

Hamilton to Ferrari: A Game-Changer for the Track and the Balance Sheets. Lewis Hamilton’s move to Ferrari could significantly impact the bottom lines of both Ferrari and Mercedes in terms of ROI and financial losses. Ferrari ROI: The arrival of a global icon like Hamilton will likely boost Ferrari's sponsorship revenue, as brands may pay a premium to align with his marketability. Increased merchandise sales, particularly Hamilton-branded products, could generate millions annually, with estimates ranging from $20-$50 million in added revenue. Moreover, heightened media coverage could amplify Ferrari’s brand equity, potentially attracting new customers to their luxury cars, a significant ROI driver. Mercedes' Loss: Mercedes might face a decline in revenue due to decreased media attention and merchandise sales. Losing Hamilton, their most recognizable face, could lead to sponsorship losses estimated between $10-$30 million annually. On-track performance might also suffer without his expertise, potentially reducing championship bonuses and prize money, which could cumulatively result in a $50 million impact over a few seasons. Conclusion: Empirically, while Ferrari could gain over $100 million in ROI over the next three years, Mercedes might face a financial setback of up to $80 million across lost sponsorships, merchandise sales, and reduced performance. Hamilton’s value transcends the racetrack, making his potential move a major financial and brand-shaping event for both teams. #formula1 #lewishamilton #ferari #mercedes

Liberty Media Total Formula 1 Revenue Q12017-Q32024. This image highlights the consistent growth in Formula 1's revenue streams while also illustrating the sharp decline during the first two quarters of 2020. Notably, in Q4 2023, revenues surpassed $1.2 billion for the first time, driven by the success of the Las Vegas Grand Prix. Looking ahead, Formula 1 is likely to see another billion-dollar milestone in 2024, with the upcoming Las Vegas GP expected to play a major role in driving revenues further.

More power, more control, more exhilaration; the McLaren 750S redefines the supercar experience. #McLarenMumbai #McLaren750S #BenchmarkBeaten #Supercars #InfinityCars

Showstopper - the McLaren F1 out and about in London! This particular example is chassis 028. It was delivered new to Michael Andretti as a part of a compensation package paid out to him after McLaren dropped his Formula 1 contract. Chassis 028 was built in 1995. It is finished in Grand Prix Red with Cream Leather and Black trimmed carpet on the inside. A fine combination. It also has Michael Andretti's signature on the visor. Andretti himself only had the car for around a year though. Due to legality issues in the US at the time, Andretti chose to sell 028, rather than keep up the maintenance & storage fees, plus insurance costs while it was stored in the UK. So it was sold to an owner in Japan, where it stayed until 2003. That owner requested Andretti's signature on the visor, a request Andretti fulfilled through the broker at the time. However, in the early 2000s, the legality issues in the US surrounding the F1 were resolved and 028 eventually found its way to the States. It was owned by two different individuals during its stateside journey. Then in 2014, it made its way back to the UK where it remains today. As for the technical side of the F1, it sported the brilliant 6.1L BMW S70/2 V12 making 627hp. A 6-Speed manual gearbox connected man to car and sent that power to the rear wheels. Good for a 3.2 second 0-60mph and record-breaking 240.1mph at the time. It is still holds the record for top speed for a Naturally Aspirated production car. Quite the feat. Simply put, the McLaren F1 is a Legendary machine and 028 is a fine example. #mclaren #f1 #supercar #performance #speed #uk 🇬🇧 #Anis_Maaouia