Halo Cars Group Invests $120m in Gordon Murray Automotive
Gordon Murray Automotive has secured a $120 million strategic investment from Halo Cars Group, strengthening the company’s long-term legacy and reaffirming its focus on engineering artistry and lightweight design.
The funding supports Gordon Murray Automotive and its newly launched Special Vehicles division as they progress an established product roadmap and deliver models already in development. Professor Gordon Murray CBE will continue as Chairman and Chief Designer, while CFO Darren Jukes will step in as interim CEO. Halo Cars Group's Managing Partners, Tarik Ouass and JR Rahn, will join the Board of Directors. The investment will also fund new research and development programmes and accelerate delivery of the sold-out S1 LM, Le Mans GTR, T.50s Niki Lauda and the T.33 range of supercars.
Halo Cars Group made its move after the world-record-breaking sale of the Gordon Murray S1 LM at RM Sotheby’s Las Vegas auction last month, where the car achieved $20.63 million. The result set the highest non-charity auction price ever paid for a new car. Gordon Murray Special Vehicles introduced the S1 LM as its first creation, and the division now crafts ultra-rare, bespoke interpretations of Gordon Murray’s most collectable designs. The brand reserves Special Vehicles for its most devoted clients and a discreet circle of leading global collectors.
Tarik Ouass and JR Rahn, Managing Partners of the Halo Cars Group, said: “This is not an investment in scale, but in further scarcity. Our investment mandate is the complete opposite of a conventional growth investment in automotive. We believe that further limiting allocations of an already very exclusive production is what allows Gordon Murray’s bespoke craftsmanship and engineering artistry to endure for generations.”
Professor Gordon Murray CBE, Chairman and Chief Designer, said: “Gordon Murray Automotive has always been a very exclusive family, reflected both in our team and in the customers who support us. I am confident that I have found the right partners who value our seven principles and will support my legacy moving forward. Tarik Ouass was the very first customer to order a T.50 and has acquired every motorcar we have ever created. I am excited for the next chapter with Tarik and his investment partner JR Rahn joining me on the board to support the detailed product roadmap I have set for the company through to 2039.”
Professor Murray’s sixty-year design and engineering legacy includes motorcars that helped secure five Formula One World Championships with drivers such as Ayrton Senna, Niki Lauda and Alain Prost. He later achieved overall victory at the 24 Hours of Le Mans in 1995 on his Le Mans debut, with a racing version derived from his first road car, the McLaren F1.
Gordon Murray Automotive continues that supercar design and engineering work at its purpose-built Highams Park headquarters and Production Centre in the Surrey countryside. From Highams Park, the company exports more than 80 per cent of its supercars to a highly select group of collectors across the United States, the Middle East, Asia and South America.
The investment will also underpin production activity in 2026 for the T.50s Niki Lauda, the T.33 range and Special Vehicles’ Le Mans GTR. Gordon Murray Automotive reached a major milestone in November when the 100th T.50 left the line at Highams Park, and an RM Sotheby’s auction in Abu Dhabi last week valued the T.50 at $5.63 million, nearly double its original list price.
Halo Cars Group, which Tarik Ouass and JR Rahn founded and lead, brings a shared passion for the Gordon Murray brand and a commitment to protecting its engineering art and lightweight philosophy. Ouass is a respected collector of notable motorcars and became Gordon Murray Automotive’s first customer. The investors also bring a track record in venture and growth capital, primarily with Silicon Valley technology companies.
PwC’s Cara Haffey, Industry Leader for Industrials, advised Gordon Murray Automotive on the transaction.
