Wednesday, May 23, 2018
Business

Repairing Rowan Atkinson's McLaren F1 carried big price tag

LONDON — Everyone who's had a fender bender knows the cost of repairs is going up. But few cars can be as costly to fix as Mr. Bean actor Rowan Atkinson's rare McLaren F1.

It took more than a year — and more than 900,000 pounds ($1.4 million) — to get his supercar up and running after a 2011 crash that left Atkinson with a badly damaged shoulder. The high-performance car makes extensive use of carbon fiber and needed specialist care — it took weeks just to get a proper insurance estimate.

Ben Stagg, specialty insurer with RK Harrison, said the quality components used to make an F1 are one reason the repair costs were so high.

"All modern supercars are predominantly carbon fiber — most Lamborghinis, most Ferraris — and the smallest ding in carbon fiber is a big repair job," he said. "And part of the engine bay is gold, that's the best heat conductor. It's the materials they used compared to everyday cars that make it so expensive."

He said many owners baby their expensive cars, driving them only a few times a year in perfect weather conditions, but Atkinson actually drives his McLaren extensively.

The unusual repair job, thought to involve one of the largest car insurance settlements in British history, is extensively documented in Classic & Sports Car magazine, with a picture of the burgundy McLaren on the cover.

Atkinson, last seen by many playing piano as Mr. Bean during the opening ceremony of the London Olympics, told the magazine he believes supercars should be used, not sequestered in garages. "It depresses me when great cars are hidden away," he said. "It's a crime not to use it."

Magazine editor Alastair Clements said Atkinson should be applauded. "He let us do the story because he wanted other enthusiasts to know that he loves it, that he isn't just some celebrity with an expensive car, that he's owned it for 15 years and loved it for 15 years," he said. "He's put it back exactly as it was. He's a bit of a hero. It's much more than the value."

Of course, the value is there — Stagg said the last used McLaren F1 sold on the open market went for about 3.5 million pounds.

Comments
At Bay 3, developers of Tampa’s Armature Works transform old industrial space into new co-work offices

At Bay 3, developers of Tampa’s Armature Works transform old industrial space into new co-work offices

TAMPA — The name of the new Bay 3 co-working space at the Armature Works goes back to World War I, when the red-brick warehouse overlooking the Hillsborough River was the maintenance barn for Tampa Electric’s streetcar system.As the name suggests, it...
Updated: 1 hour ago
Many Americans still cannot afford a $400 set back

Many Americans still cannot afford a $400 set back

Could you pay an unexpected $400 expense?More than four in 10 Americans said they couldn’t without borrowing money or selling something, according to the Federal Reserve’s Report on the Economic Well-Being of U.S. Households released Tuesday.That’s a...
Published: 05/22/18
Target: New Tampa, Clearwater stores part of company-wide makeovers

Target: New Tampa, Clearwater stores part of company-wide makeovers

Target is renovating more than 1,000 stores by the end of 2020, including two SuperTarget locations in New Tampa and Clearwater.The Clearwater store’s makeover — which the corporation calls ‘‘reimagining" — just wrapped up, according to Target spoke...
Published: 05/22/18
Downtown St. Pete Ford’s Garage and Yeoman’s to open Wednesday

Downtown St. Pete Ford’s Garage and Yeoman’s to open Wednesday

ST. PETERSBURG — Ford’s Garage, a car junkie’s haven, has proven to be popular eatery across the state.Now it has a chance to drive customers to its seats in St. Petersburg. The restaurant opens its ninth location downtown Wednesday at 200 First Ave....
Published: 05/22/18

The hostile work environment checklist: How toxic is yours?

Workplace stress is hardly a new phenomenon. Everyone has a bad day (or even month) at work now and then. Your client presentation didn’t go as well as planned; your boss didn’t fall head over heels for your proposal; you had to stay late to finish a...
Published: 05/22/18
Career Q&A:

Career Q&A:

Q: Despite having a stellar employment record, I am concerned about two incidents mentioned during my recent performance review. Both involved accusations which were completely unfair.Several months ago, our human resources manager told me that I was...
Published: 05/22/18
Tampa-backed company with candy-like coffee thins inks deal with Dunkin’ Donuts

Tampa-backed company with candy-like coffee thins inks deal with Dunkin’ Donuts

TAMPA — Tampa-based private equity firm ProspEquity Partners paid $18.2 million less than three weeks ago for a two-thirds stake in Tierra Nueva, a Miami company with a new idea for coffee, and already it has some big news.Tierra Nueva has inked a de...
Published: 05/22/18
Proud mom orders ‘Summa Cum Laude’ cake online. Publix censors it to ‘Summa . Laude.’

Proud mom orders ‘Summa Cum Laude’ cake online. Publix censors it to ‘Summa . Laude.’

Saturday was Jacob Kosinski’s big day. His whole family, many from out of town, saw the Charleston, South Carolina, student graduate from his Christian-based homeschool program with a 4.89 grade point average and the coveted honor of summa cum laude....
Published: 05/22/18
It’s picking time at Brooksville blackberry farm, one of a handful in the region

It’s picking time at Brooksville blackberry farm, one of a handful in the region

BROOKSVILLE — Black follows blue in the berry patches of Hernando County, but blackberry proponents claim they’re worth waiting for.Today’s blackberry brambles are thornless and don’t require bending over to pick. Their fruits are mouth-full juicier,...
Published: 05/22/18
Amazon is selling facial recognition to Orlando law enforcement - for a fistful of dollars

Amazon is selling facial recognition to Orlando law enforcement - for a fistful of dollars

Amazon has been providing facial recognition tools to law enforcement agencies in Oregon and Orlando for only a few dollars a month, according to documents obtained by American Civil Liberties Union of Northern California, paving the way for a rollou...
Published: 05/22/18