McLaren F1 successor (P12) will be presented in May image

The successor of the iconic McLaren F1, which has been codenamed the P12, will be officially presented to the public in May, at the Monaco Grand Prix.

After being officially announced to debut at the Monaco Grand Prix in May, the successor to the McLaren F1 is once again highlighted, this time by the company’s CEO, Ron Dennis, who in a recent interview with Drive has revealed some details about the highly-anticipated F1 successor, but he wouldn’t discuss powertrain details and he also said “don’t get fixated by top speed”.

“The MP4-12C will go around any circuit in the world faster than an F1. Don’t get fixated by top speed. That’s the first thing you have to discard in today’s society. What you’ve got to have is a complete package of performance. You’ve got to embrace technologies that are out there that are accepted, and some that don’t even exist. I can tell you our next car has many things on it that don’t exist at the moment”, said the McLaren CEO.

Even if Ron Dennis didn’t say anything about the new supercar’s performance and technical details, initial rumors were announcing that the P12 will be powered by a tuned version of the same engine currently fitted onto the MP4-12C, the 3.8 liter twin-turbo V8 unit, which will generate a total output of 800 horsepower and it will come with the Kinetic Energy Recovery System (KERS) that might add an extra 120 horsepower. The McLaren P12’s production will be limited to 300-500 units and each of those will set you back for 750,000 euros (999,450 USD).