Times have been tough at McLaren Automotive. Last year, the supercar company-founded by former McLaren Group boss Ron Dennis to cash in on the cachet of one of the most successful Formula 1 teams-was teetering on the brink of bankruptcy. But it stabilized with a string of dramatic financial moves, which included a major cash injection from shareholders and the sale of the famous McLaren Technology Center. Then it all went quiet. No replacement was announced for McLaren Automotive CEO Mike Flewitt, who quit abruptly last October after eight years in the driver's seat. And the 2021 launch of the Artura, the new mid-engine McLaren supercar with a hybrid powertrain remarkably similar in layout to that of the new Ferrari 296 GTB, was pushed to July 2022.
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