McLaren already has a robust lineup of sports cars, convertibles, and grand tourers that appeal to a wide range of customers but look for the lineup to grow even larger in the next seven years. According to the company's new product plan through 2025, McLaren plans to introduce 18 new models and derivatives. The business also intends to get serious about electrification by using hybrid powertrains in its entire range by 2025 and aims to use a battery system that allows for 30 minutes of electric range for track driving.

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These new McLaren models will also pack more advanced technology. For example, the firm will evaluate new augmented driving features, and buyers will be able to order a system for tracking their vehicle's location. Over-the-air software updates will make sure that this tech stays on the cutting edge.

The only new model that McLaren is willing to tease at the moment is its upcoming successor to the P1. Earlier reports indicate that it's under development with the codename BP23 Hyper-GT, but the final version gets a real name. The info indicates that the three-seater coupe has a projected top speed of 243 mph – slightly faster than the 242 mph McLaren F1. The firm only plans to build 106 of them, and there are already customers claiming all of the reservations for the $2.5 million hypercar. Production allegedly begins in late 2019.

With so many new models on the way, McLaren believes that deliveries could grow around 75 percent to 6,000 vehicles a year. The company is also looking to expand into new markets by evaluating entering Russia, India, and Central/Eastern Europe. Like today, all of these sports cars will come from the McLaren Production Centre in Woking, England.

Gallery: McLaren 2025 Plan

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Updated and expanded £1.2bn Track25 business plan includes:-

Between now and 2025, 18 new models and derivatives to be launched
McLaren sportscar and supercar range to be 100 per cent hybrid by 2025
A new Ultimate Series car as a successor to the McLaren P1TM
Evaluating “augmentation” technology to introduce step-change in driving experience
New retail markets being evaluated
Production to reach 6,000 mid-engined sportscars and supercars a year
At today’s Goodwood Festival of Speed, luxury British sportscar and supercar maker McLaren Automotive has announced its ambitious, wide-ranging business plan that will take the company to its fifteenth anniversary.

Track25 is an evolution of the Track22 plan that was first launched at the Geneva Motor Show in 2016 and the updated plan now includes significant new milestones.

Track25 sets out a clear roadmap for future vehicles, production and technology that will allow the brand to continue to position itself as a major global player in the sportscar and supercar market.

McLaren is committed to ensuring that its sportscar and supercar range will be hybrid within seven years. True to the spirit of pushing the boundaries of technology to benefit drivers, McLaren will also evaluate new augmented driving features and help develop a lighter, superfast-charging, high-power battery system for performance applications that is expected to have over 30 minutes of electric range around a race track.

The company will also continue its drive to win the new supercar ‘weight race’ by ensuring, as it does today, that each of its products is the lightest in their segment. This complements a £50m investment in developing and manufacturing the future of lightweighting technology with the soon to-open McLaren Composites Technology Centre (MCTC). Once fully operational, the MCTC will mean around 57 per cent of vehicle content by value will be UK sourced.

Having launched the world’s first ever petrol-electric hybrid-hypercar five years ago with the iconic McLaren P1TM, fittingly McLaren plan to unleash its successor as part of the Track25 plan.

While staying faithful to the core idea of creating and hand-assembling the world’s best drivers’ cars, McLaren will remain focussed on crafting mid-engined sportscars and sportscars.

Investment in 18 new models or derivatives will help lift production by almost 75 per cent over current levels to around 6,000 cars a year by the middle of the next decade. As now, all will be hand-assembled at the McLaren Production Centre in Woking, England.

Alongside a focus on the on-track and on-road experience, McLaren will introduce technologies designed to improve the owning experience. Cars will feature enhanced cyber protection, improved vehicle tracking and over-the-air (OTA) software updates, allowing McLaren customers to benefit from new features without the need for inconvenient downtime at retailers.

Currently retailed in 31 markets around the world through an 86-stong retailer network, McLaren Automotive is looking at both expanding in existing markets as well as evaluating several major new markets including Russia, India and Central/Eastern Europe. Rising demand means the aim will be to reach 100 retailers within the life of the Track25 plan.

 “Everyone at McLaren Automotive remains constant in their focus of designing and crafting the world’s best drivers’ cars. True to McLaren’s spirit, however, our ambitions, continue to grow and our £1.2bn Track25 business plan which covers 18 new models, including a new McLaren P1TM,, is clear proof of that. We are a luxury brand that is committed to investing in innovation, whether that’s in the development and manufacture of our own carbon fibre tubs as part of a new £50m British-based production centre, new powertrains with our entire range due to be hybrid by 2025 or the deployment of technology to enhance the driving and owning experience.

“As a global brand we are set to add more retailers in both existing and exciting new markets as demand for our products continues to grow. While our plan sets the direction for the next seven years to take us through to the middle of the next decade, we need to also pause and acknowledge the great effort, ingenuity and competitive spirit of all of our incredible people on which our success, both now and in the future, rests.”

Mike Flewitt, Chief Executive Officer, McLaren Automotive.

The largest part of the McLaren Group, McLaren Automotive has a global workforce of around 2,300 people with headcount expected to remain broadly stable until 2025 across offices in the UK, US, Bahrain, China, Singapore, Japan and Spain.