McLaren is preparing to introduce a new midengine model, internally referred to as the P34, as its most affordable vehicle following the 2027 model year. The move signals a strategic shift toward broadening its customer base by offering a lower-priced option while maintaining its signature engineering heritage. This entry-level model would mark the brand’s first foray into midengine architecture at this price point, blending performance with accessibility. The announcement comes as automakers increasingly explore midengine designs to balance driving dynamics and cost efficiency.
A new midengine model, codenamed P34, is expected to become McLaren’s entry offering after the 2027 model year.