Forseven boss takes the reins at McLaren

In case there was any doubt about how swiftly progress would be made under McLaren’s new ownership, it has been confirmed that CEO Michael Leiters will step down. He began at McLaren as recently as July 2022, joining from Ferrari and with the unenviable task of heaving McLaren out from its Covid mire. 

‘His contribution and leadership were crucial to the company’s transition, including important phases like the recapitalisation and change of ownership’, reads the press release. In terms of product, the Leiters era has been a busy one, with the Artura update, W1 and sensational 750S arriving in the past couple of years. The latter launch has been managed better than the 720, too, with fewer cars flooding the market straightaway and values holding firm as a result. They’re from £235k, if you’re interested. 

With Leiters’ departure taking effect immediately, his role will be taken over by Nick Collins – the man who’s leading up the entire McLaren Group Holdings operation, Forseven included. So a busy few months ahead for him. It has not been made clear yet whether a replacement for Leiters will be recruited, or if Collins will take on the position full time. 

What the future holds for 53-year-old Leiters isn’t clear for the moment, though given his CV there’ll likely be a few places keen on tapping into his expertise. “I am honoured to have led McLaren Automotive over the past three years. I am thankful having worked alongside such a dedicated and talented team. I’m proud of what we’ve achieved together and confident that the business is on a strong path for success. I wish all involved the very best in the future.”

All amicable enough, it would seem – in press release form at least. It’s hard to imagine he foresaw his role lasting just three years. 

Nick Collins added: “We thank Michael for his leadership and tremendous contributions made during a pivotal time for McLaren Automotive. I wish him well in his personal and professional future.” Expect plenty more comings and goings as the company, under its new Abu Dhabi-based backers, embarks on its bold new future.