Production began in 1992 and ended in 1998. Despite not having been designed as a track machine, a modified race car edition of the vehicle won several races, including the 1995 24 Hours of Le Mans, where it faced purpose-built prototype race cars. It was conceived as an exercise in creating what its designers hoped would be considered the ultimate road car. The car features numerous proprietary designs and technologies it is lighter and has a more streamlined structure than many modern sports cars, despite having one seat more than most similar sports cars, with the driver's seat located in the centre (and slightly forward) of two passengers' seating positions, providing driver visibility superior to that of a conventional seating layout. On 31 March 1998, the XP5 prototype with a modified rev limiter set the Guinness World Record for the world's fastest production car, reaching 240.1 mph (386.4 km/h), surpassing the modified Jaguar XJ220's 217.1 mph (349 km/h) record from 1993. He hired Peter Stevens to design the exterior and interior of the car.

Murray was able to convince Ron Dennis to back the project. The original concept was conceived by Gordon Murray. The McLaren F1 is a sports car designed and manufactured by British automobile manufacturer McLaren Cars, and powered by the BMW S70/2 V12 engine. spiritual successor (as designed by Gordon Murray).

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