Ricardo and McLaren agree third-generation deal

Posted on 03 Mar 2019 and read 609 times
Ricardo and McLaren agree third-generation dealShoreham-based Ricardo (www.ricardo.com) has renewed its engine supply partnership with McLaren Automotive in support of the super-car manufacturer’s Track 25 business plan.

Since 2011, Ricardo has manufactured McLaren’s entire production requirements at its purpose-built assembly facility.

In the past year, production levels under the existing agreement approached 5,000 engines — with the total delivered since the partnership began exceeding 15,000.

Under the terms of the latest agreement, Ricardo will meet McLaren’s engine requirements as it embarks on its Track 25 business plan, which includes 18 new models or derivatives, many featuring hybrid technology.

To support this diversification, Ricardo will invest to give its production facility additional product flexibility, new manufacturing capabilities and further capacity.

This third-generation supply agreement for McLaren engines is the largest in Ricardo’s history.

Mike Flewitt, McLaren Automotive CEO, said: “McLaren is pleased to be continuing our very strong relationship with Ricardo as our engine supplier.

Ricardo shares McLaren’s passion for exceptional performance, product innovation and quality. It has also become a trustworthy and reliable partner to McLaren in engine manufacture.

"We look forward to working with Ricardo and to receiving its full support, as we implement our Track 25 business plan.”

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