Report: McLaren P1 Hypercar Sold Out

McLaren has now sold all 375 of its P1 hypercars.

The last few McLaren P1 units that remained in Europe are bought and paid for, which means the British hypercar is now officially sold out. With 75 percent of the total 375 McLaren P1 customers special-ordering some type of unique design element, Autocar reports the average price for this single hypercar surpasses a colossal $1.6 million.

With its 3.8-liter twin turbocharged V-8 engine adapted from the McLaren 12C mated to an electric motor, the P1 has a total of 903 hp and 722 lb-ft of torque that is accessible at just 4500 rpm. This staggering power can launch the P1 to 62 mph from a dead stop in just 2.8 seconds, and the car can reach a top speed of 217 mph. At Germany’s Nürburgring, the P1 clocked a lap time below seven minutes.

Cars sold out almost instantly in North America after its appearance at Pebble Beach, where a McLaren F1 sold for $8.47 at auction. Autocar says that the car’s European allocation took longer to sell out, but now all 375 cars globally are spoken for. So far, 12 McLaren P1 units have been manufactured.

Taking a look at the P1’s competition, the story is similar for Ferrari’s exotic LaFerrari hypercar. Despite the fact that the car costs $1.57 million, Ferrari is reported to have completely sold out of all 499 units before the LaFerrari ever even made its public debut at the 2013 Geneva auto show in March. That’s almost 500 people who spent more than $1.5 million on a car without ever laying eyes on it.

For Porsche and its $845,000 Porsche 918 Spyder, the story is a little more complicated. Production began almost two months ago with deliveries scheduled for this December, and Porsche has sold about two thirds of the planned 918 units of the hybrid hypercar.

As of our August 2013 print issue, European editor Georg Kacher reported that just 387 units of the Porsche 918 Spyder had sold. Of course, Porsche plans to build more than twice as many 918 Spyders as McLaren will build P1s, but the German automaker appears to be struggling with selling all 918 despite the car’s rather affordable price compared to the LaFerrari and P1. One source tells us that Porsche is trying to speed up sluggish sales with a special VIP program for prospective 918 buyers. Those willing to put down a $200,000 deposit on the 918 will be offered enticing incentives like priority access to future models.

McLaren’s successful sellout of the P1 hypercar is a big win for the British automaker, which shows that it can still hang with the best in the ultra-performance market. With the McLaren F1 valued so high just two decades after its debut in 1992, the P1 is a definite candidate for a future classic.

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