McLaren Selling Heritage Collection Cars (Temporarily) to Finance Artura

• McLaren is selling some of its vast collection of historical sports cars and Formula 1 cars to raise capital, as Bloomberg reported and Car and Driver confirmed with a McLaren spokesperson.

• The additional capital is needed to fund "certain technical upgrades" for the Artura supercar that have led to delivery delays, the automaker said.

• The Artura features a hybrid V-6 powertrain and is being produced on an all-new platform called MCLA.

McLaren is taking a creative move to deal with a looming financial burden that appears to be closing in. As first reported by Bloomberg, the British sports-car manufacturer has sold cars from its own collection of heritage vehicles to help it fund the upcoming Artura hybrid supercar—but without losing custody of them.

A McLaren spokesperson declined to provide Car and Driver with a list of which vehicles were sold but confirmed that the cars are not going away. In fact, they're being licensed back to McLaren and are staying at the Woking headquarters. McLaren is hoping to buy the entire collection back as part of recapitalization plan involving shareholders, which it hopes to have finalized in Q1 next year according to the spokesperson.