McLaren Automotive and the McLaren Technology Group are to merge under one entity – the McLaren Group. This unifies all activities under a single coordinated strategy and brand.
Mansour Ojjeh, executive committee principal at the McLaren Group, said, “Since I became a major investor in the business 33 years ago, I am exceptionally proud of what each of our extraordinary McLaren businesses have achieved, growing independently and entrepreneurially. Now, as they have reached a worldwide scale and success, it is the right step to unify the strategies and brands to create a stronger center of luxury automotive, racing and technological excellence.
Shaikh Mohammed bin Essa Al Khalifa, executive chairman at the McLaren Group, added, “McLaren is unique, due to its strong heritage and passion to be best in everything it does, but also because no other company in the world can claim a corporate structure that comprises automotive, motorsport and applied technologies.
“It’s clear that as one group, each of those three pillars of our business will support and enhance the other two. Together they will embark on what I firmly believe to be a new and even more successful era in the McLaren brand’s dynamic and fascinating 54-year history.”
July 4, 2017