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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.

Japanese Grand Prix (2011) RESULT

Japanese Grand Prix 2011 The reality of the 2011 Japanese Grand Prix is not about who wins the race, but whether Sebastian Vettel can grab the single point needed to clinch the 2011 F1 Drivers title. And from the start he looked like he’d taken a leaf of the Schumacher/Senna book on how to finish off an opponent as he forced Jenson Button off on to the grass as the Brit came powering up his inside from the start. The normally unflappable Button was straight on the pit radio demanding the stewards act, but it’s rare for the stewards to dish out penalties for a scrap in the mêlée of the start, and so it was in this case.

Whos Where: Hakan Saracoglu appointed design director of Chery's Shanghai studio

Hakan Saracoglu has been appointed director of Chery Motor's Shanghai design facility. He will work alongside director of corporate design James Hope who continues in his role overseeing Chery design. Turkish-born Saracoglu joins the Chinese state-owned manufacturer from Porsche where he worked from April 1998.