Wednesday, September 9, 2009
McLaren road car marks expansion
BBC NEWS | Business | Formula One racing group McLaren has unveiled a new road car that marks the creation of a new UK-based carmaker.
It plans to build the cars in a factory that it will build next to the group's headquarters in Woking.
Plans to rival the likes of Ferrari and Aston Martin are part of a strategy to grow the business outside racing, where cost cutting pressure is fierce.
The move could help cushion McLaren's racing staff from job losses if F1 budgets are cut.
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