McLaren Automotive was established in 2010 to commercialize road cars following the success of the 1992 McLaren F1 and 2003 Mercedes-Benz SLR McLaren. In March 2024, the sovereign wealth fund of the Kingdom of Bahrain (Bahrain Mumtalakat Holding Company) completed a full 100% sovereign recapitalization of McLaren Group, eliminating complex legacy debt structures and providing stable multi-year capital funding. Under CEO Michael Leiters (appointed in 2022), McLaren returned to strong operating gross profitability. In 2026, McLaren generated over $1.55 billion USD (approx. £1.2+ billion GBP) in annual revenue, delivering over 3,200 vehicles globally with an estimated enterprise valuation of $3.2 billion USD.