It costs $50,000 just to replace the tires.
The legendary McLaren F1 really needs no introduction. When it launched in 1992, it was hailed as the fastest production car in the world, a record it held for over a decade. It was also the most expensive car in the world for over a decade. Only 64 road-going examples rolled off the production line between 1992 and 1998, which makes it one of the most desirable cars money can buy. However, to say that you need to be wealthy to own one is an understatement.
You may remember the first McLaren F1 imported to the US sold for a record-breaking $15.62 million. What you may not realize is just how insane the maintenance costs for a McLaren F1 are just to keep the legendary supercar on the road as this ex-F1 owner will attest.
Bruce Weiner initially purchased his 1994 McLaren F1 for $1.2 million - but the relationship didn't last long.
Weiner parted ways with the F1 after just a few months when he discovered the astronomical amounts of money you need maintain it. As he explains in a video posted by VINwiki, the previous owner paid around $300,000 just to send it back to the factory to be repainted in Volcano Orange. When Weiner first bought the car, he discovered to his horror that many of the F1’s components need to be replaced every few years – even if the car isn’t driven. The fuel cell, for example, needs to be changed every five years at a cost of around $100,000. The clutch also needs to be changed every two to three years, and it costs $50,000 just to replace the tires.
According to Weiner, the reason why swapping the tires is so expensive is because McLaren requires the owner to rent a racetrack, hire a private driver and pay a team of engineers to set up the suspension systems to work in sync with the new tires. Even a fire extinguisher will set you back $800 because it’s specifically designed to fit the supercar. The running costs may have been hard to live with, but we suspect Weiner probably regrets selling the car now that its value has significantly soared in recent years.