Supercars

The McLaren F1 has jumped in value from £540,000 to over £16 million

McLaren F1 chassis no. 63 at Hampton Court during Salon Prive.

Photo courtesy of Salon Prive
When the McLaren F1 launched in 1992, it was priced at £540,000, the equivalent to £965,000 when adjusted to 2020 values. The price wasn't just extraordinary - so was the car.

The F1 wasn't like anything the world have ever seen before. It was a no-compromise model and is now one of the most sought-after cars in the world.

It's story starts in 1988 when then-McLaren designer Gordon Murray was flying back from the 1988 Italian Grand Prix. The flight was delayed so Murray took the opportunity to sketch some ideas for a high-performance three-seater car. He then went on toe persuade Ron Dennis and other McLaren managers at the time to build the most intriguing road car ever conceived.

McLaren F1 Salon Prive McLaren F1 chassis no. 63 at Hampton Court during Salon Prive.Photo courtesy of Sale Prive

The car's body was sculpted by designer Peter Stevens from Murray's sketches. It was shaped to cut through the air but remain stable without needed wings. Only the airbrake would deploy when necessary. Like Murray's later T.50, the car's three-seat arrangement put the driver at center stage.

The F1 has the world's first carbon-fiber tub chassis - something that is quite common among supercars these days. That tub took 3,000 man-hours to make. The car featured a titanium subframe and magnesium alloy wheels, which factored into the idea of making the car as light as possible. Even the toolkit was titanium, as a means of saving weight.

At the model's heart is a 620-brake horsepower 6.1-liter V12 engine that was developed by Paul Rosche and the team at BMW Motorsport. It's top speed was over 230 mph. The heat it put out was so hot, McLaren needed to line the engine bay. What material did they choose? Pure gold, of course.

The engine is paired with a manual gearbox. The steering and brakes are unassisted.

Big brother was always watching. On-board diagnostics transferred data to the factory so every single one of the 64 road cars made could be monitored for performance.

McLaren made a promise. If a customer had a problem with their F1, McLaren would fly out a technician to fix it. Alternately, there were eight official service centres worldwide.

Even priced at £540,000, McLaren didn't profit from the car.

However, for owners, purchasing the F1 became a solid investment, if they were willing to play the long game. According to the Hagerty Price Guide, until 2006 F1s were changing hands for just over the original asking price, but by 2008 prices began to rise and the F1 was valued at £1.5 million.

It's only gone up from there. By 2014 the cost was over £5 million. In 2015, Mr. Bean actor Rowan Atkinson sold his F1 for £8 million, despite crashing it twice and making what was at the time possibly the world's biggest auto insurance claim.

In 2017 chassis no. 44 sold at Bonham's Quail Lodge Auction for $15.6 million (£12.1 million at the time), while the Hagerty Price Guide now values the cars at in excess of £16 million.

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New American supercar

2023 Chevrolet Corvette Z06 gets reveal date

Chevy draws a line from the Z06 directly to its racing program.

Chevroley

The new Chevrolet Corvettewas a revelation when it was finally announced. The car brought a mid-engine design to the Corvette line for the first time, and put decades of speculation over the shift to bed. We've all known that Chevrolet would eventually release an even higher performance Z06 version of the car, but now we know the date. The automaker just announced that the car will be revealed on October 26.

To build hype for the car's announcement, Chevy released a short teaser video of the Z06 tearing around the Nurburgring. It's clear from the film that the car we'll see in October will be a different beast from its standard predecessor, which mainly comes down to a big change in its powertrain.


2023 Chevrolet Corvette Z06 The new car will be revealed in October.Chevrolet


The new Z06 is expected to feature a flat-plane crank V8 that will allow it to rev to 8500 or 9000 RPM. The car should see in excess of 600 horsepower from its howling V8, which will be sent to the rear wheels through an eight-speed dual-clutch transmission.



As it has done with other Z06 models, Chevy will bolster the Corvette's suspension and brakes to accommodate higher speeds and the jump in power. The car will be able to carry more speed into corners and stop in a shorter distance than its standard counterpart, which will improve its lap times at the track. Various active and fixed aerodynamics components are also expected.

The C8 Corvette's interior is anything but boring, and the Z06 will carry on with that tradition. We'll still see the long center strip of buttons and controls, along with a digital gauge cluster and nicely upholstered sport seats. The Z06 will most likely get more in the way of carbon fiber and race-inspired trim pieces, but the layout won't deviate from the standard car to a great degree.


2023 Chevrolet Corvette The Z06 will be powered by a flat-plane crank V8.Chevrolet

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The F-Type P450 cars replace the P300 and P380 as part of the Jaguar lineup.

Photo courtesy of Jaguar

Two new versions of the Jaguar F-Type are on the horizon. New versions of the model have been created to further the car's luxury proposition and both are powered by a roaring V8 engine. The new P450 variants replace the P300 and P380 models currently in the lineup. Jaguar is keeping the F-Type R around.

2022 Jaguar F-Type P450

The 2022 Jaguar F-Type P450 will be available as a coupe or convertible in P450 RWD or P450 R-DYNAMIC AWD grades. All varieties come with a 444-horsepower supercharged V8 under the hood that achieves 428 pound-feet of torque. An electronic active differential is standard. In all configurations, the car gets from zero to 60 mph in 4.4 seconds and has a top speed of 177 mph.

2022 Jaguar F-Type P450 The car has received minor exterior updates from the 2021 model.Photo courtesy of Jaguar

In a nod to its suburban buyers, the F-Type has a Quiet Star mode that allows a more subtle roar out the back side of the car upon startup. Drivers who don't care about keeping quiet can switch the car in to Dynamic mode and let the rumble out.

Each F-Type P450 rides on 20-inch wheels, has larger brakes than traditional F-Type models, and has the switchable exhaust. Double J-Blade daytime running lights feature up front while new slender rear lights allow the body of the car to speak for itself.

Buyers who get the F-Type P450 R-Dynamic AWD get bespoke badging; a gloss black front splitter, side sills, valance, and venturi; auto-dimming, power- folding, heated door mirrors with memory; and 20-inch Style 6003, split-spoke, gloss Dark Grey with Contrast Diamond Turned Finish Wheels.

2022 Jaguar F-Type P450 The interior sports a refined appearance.Photo courtesy of Jaguar

Monogram stitch patterns on the car's seats and interior accents in Windsor Leather and satin-finish Noble Chrome enhance the interior. Additionally, there are "Jaguar Est.1935" markings on the center console finisher, glovebox release button surround, and seatbelt guides. Six-way electric power seats are standard on F-Type P450 RWD, while F-Type P450 R-Dynamic AWD adds 12-way electric memory front seats, electrically adjustable steering column with memory, Delta Aluminum Center Console, and R-Dynamic branded metal treadplates as standard equipment.

A 12.3-inch driver information display is standard.

F-Type P450 is available in 11 standard exterior colors, and can be ordered in over a dozen custom SVO paint finishes. It starts at $69,900 for the P450 RWD Coupe and $79,900 for the R450 R-Dynamic AWD Coupe.

2022 Jaguar F-Type R

The F-Type R is the pinnacle of the Jaguar lineup with torque on-demand all-wheel drive, Jaguar Intelligent Driveline Dynamics control technology, a double wishbone front and rear suspension, and electric power-assisted steering.

It can get from zero to 60 mph in 3.5 seconds and has an electronically limited top speed of 186 mph thanks to its 575-horsepower supercharged V8 engine. All-wheel drive is standard.

This model starts at $103,200.

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