Bahrain’s Mumtalakat Acquires Full Ownership of McLaren Group
Bahrain’s sovereign wealth fund, Mumtalakat, has acquired full ownership of the McLaren Group, a renowned manufacturer of high-end sportscars and the majority stakeholder of the McLaren F1 team. This acquisition comes at a crucial time for the British company, which has been grappling with significant financial challenges. Amidst the deep financial uncertainty, McLaren sees the takeover as a pivotal moment, positioning it for strategic advancements in the competitive automotive and racing industries.
Lamborghini Files New Trademark for Huracan STJ Moniker in Europe
Lamborghini has filed a new trademark for the Huracan STJ in Europe, potentially hinting at a final iteration of the V10-powered supercar. The STJ nameplate has historical significance within Lamborghini’s lineup, and the filing suggests potential use in vehicles and other products. While the arrival of the electrified successor makes this prospect seem unlikely, the possibility of another one-off special from the Lamborghini Ad Personam Opera Unica program cannot be ruled out. The potential release of the Huracan STJ as a special edition has sparked curiosity among automotive enthusiasts and Lamborghini fans alike.
BYD Unveils $233,450 Supercar to Rival Ferrari and Lamborghini
BYD Co. has unveiled its most expensive car yet, the Yangwang U9 electric sports car, priced at $233,450. The high-performance fully-electric supercar is set to rival traditional gas-guzzling options from Ferrari and Lamborghini, marking BYD’s foray into the luxury car segment. With impressive performance and plans for more high-end EVs, BYD is positioning itself as a formidable competitor in the luxury electric car market, challenging established names like Tesla, Ferrari, and Lamborghini.
Pagani Unveils Track-Focused Huayra R Evo Hypercar for ‘Arte in Pista’ Racing Series
Pagani unveils the Huayra R Evo, a track-focused hypercar designed for the ‘Arte in Pista’ racing series. Inspired by IndyCar and Le Mans race cars, it features a reworked 6.0-litre V12 engine and advanced racing components, pushing the boundaries of performance and engineering.