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23/08/2011
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McLaren Automotive, has announced that Singapore-based businessman Peter Lim has completed an investment in the company. Lim, a successful business leader and philanthropist in Singapore, joins the McLaren Automotive board of directors with immediate effect.
 With Lim's investment, McLaren marks another major milestone in its global growth strategy. The introduction to the McLaren Automotive board of an influential and well respected partner in Asia will strengthen the company's corporate and trading influence in the region at a time of encouraging demand for the company's first 'pure' McLaren sports car, the MP4-12C. Demand is strong with the retailers in the Asia-Pacific region confirming orders that account for around 18 months of production.
Ron Dennis, executive chairman of McLaren Automotive and McLaren Group says: "On behalf of the McLaren Automotive board, I welcome Peter Lim to McLaren and look forward to working closely with him as our company expands into the Asia region.
"This is a very exciting time for us and, as part of our growth strategy, we have been absolutely rigorous in ensuring that the right partners join us; those who are focused on supporting McLaren Automotive through investment that generates strong returns and strategic growth for the future. Peter Lim's track record in Asia as a highly respected business leader adds further quality to our board in this highly competitive business environment at an exciting time for the company."
With the launch of the first in the range of McLaren sports cars, the MP4-12C, through a brand new global retail network, McLaren is establishing itself as the world's most exciting new sports car company.
McLaren Automotive is focused on the development of a range of innovative, technologically ground-breaking, and bespoke high-performance sports cars, hand-built in a brand new manufacturing facility (the McLaren Production Centre) at its UK headquarters, and full of Formula 1-inspired technologies and development processes.
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Author
John Challen
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