The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine May 2024
Read now
PICK YOUR EDITION

Ricardo and McLaren announce partnership

10 May 2023
Share
The Business Magazine article image for: Ricardo and McLaren announce partnership

Sussex-based Ricardo and Surrey’s McLaren Automotive have announced a multi-year partnership for the continued supply of high-performance engines.

The partnership will see the environmental and engineering consulting company manufacturing Mclaren’s next-generation V8 power unit, which has been designed in-house by the supercar company’s powertrain team.

This is the third extension and fourth generation of the engine supply agreement between the two companies. Ricardo has built both the V6 and V8 engines that will power McLaren’s existing and future high-performance hybrid supercars. 

Since the introduction of McLaren’s first series production supercar, the 12C in 2011, Ricardo has produced over 34,000 McLaren powertrains at its purpose-built assembly facility at Shoreham-by-Sea, before delivering them to the McLaren Production Centre in Woking where McLaren designs and hand builds its supercars.

Read more - McLaren Automotive’s board gains three senior leaders

The agreement will see Ricardo supplying both hybrid and non-hybrid variants, with the two companies planning to further invest in the Shoreham facility.

Graham Ritchie, Chief Executive Officer, Ricardo plc, said: “We are extremely pleased to have concluded this long-term multi-year engine supply agreement with McLaren Automotive, for its next generation high-performance V8 powertrain, which extends the long-term relationship between both companies into the next decade.

“Like McLaren, Ricardo has a proven track record of engineering excellence, delivering high performance technology and the highest standards of product quality supported by the upstream supply chain. With this agreement, we look forward to continuing our established and highly successful relationship with McLaren into its third decade.”

Michael Leiters, Chief Executive Officer, McLaren Automotive said: “Our new high-performance, hybrid V8 powertrain will form an integral part of McLaren’s next generation product line-up delivering best-in-class performance and thrilling driver engagement.”

“This new agreement with Ricardo is, therefore, an important part of our ‘Future of Performance’ strategy and builds on the enduring relationship between the two British companies, providing a boost for jobs and ensuring increased investment in what is a vitally important domestic engineering supply chain for future technologies.”

Read more - Ricardo open hydrogen test facility in West Sussex


Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.

Related articles

Latest Deal Ticket

view more
Business consultants Magnetic (London)
have been acquired by
Management consultants Newton Europe (Oxford)
May 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
09
Jul

Leadership Roundtable: Opportunities and challenges in the Care Sector

Herrington Carmichael
Farnborough Aerospace Centre, GU14 6XR
More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
23
Jul

Leadership Roundtable: Search Fund Exits & Acquisitions

Shawbrook Bank
9 Appold Street, London EC2A 2AP
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles

Group Companies

Dorset BIZ NewsHampshire BIZ News