McLaren Begins Selling Cars From Museum To Fund Artura Development

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In order to fund the McLaren Artura, the Woking-based company has sold a number of cars out of its heritage collection, Automotive News reports. The buyer of the cars is Bahrain’s Mumtalakat Holding company, which owns a 60% stake in McLaren.

McLaren needed funding after issues with the Artura required “certain technical upgrades.” These issues set off delivery delays at a very fragile time for the company. Its financial struggles are well known, and Mumtalakat has agreed to fund the brand with another $123 million in order to remedy the issues with Artura.

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