McLaren is releasing new models at an astonishing rate.

In 2011, it entered the supercar domain with the competent but, to some tastes, visually bland 12C. One year later, along came the dynamically more ambitious 12C Spyder.

In 2013, the limited-edition P1 supercar debuted to rapturous acclaim, with all 375 units sold within a few months (with another 50 people on a provisional waiting list hoping for an encore). This was the year McLaren turned its first operating profit, which has only grown since thanks to deliveries of the mega bucks P1.

In hoping to continue this successful trend, McLaren has now made life even harder for the 458s and 911 Turbos of the world, replacing the 12C with a new contender called the 650S. It shares much of the 12C’s DNA, including its carbon chassis and tub, double-wishbone suspension, twin-turbo 3.8-litre V8 and seven-speed dual-clutch transmission.

Mclaren 650s rear

Improvements were also made in the chassis department, with spring rates stiffened by 22 per cent up front and 37 per cent in the rear. Yet thanks to McLaren’s hydraulically-linked ProActive chassis and a slightly softer damper tune, the 650S retains a lot of the magic compliancy now expected from Woking.

Mclaren 650s wheel

Available in coupe ($441,500) and convertible ($486,350) form, the 650S is lineball with Porsche’s 911 Turbo S and a fraction more than Lambo’s Huracan. While on paper that’s around 10 per cent more than the 12C, factor in the extra equipment now offered standard – carbon-ceramic brakes, LED headlights, full alcantara or leather trim, sat-nav and digital or satellite radio – and on a spec-for-spec basis you’re getting better value.

Mclaren 650s interior

Thankfully, cornering at high speeds (reached quickly and frequently) is made less dramatic thanks to the revised aero package, which has increased downforce by 24 per cent at 240km/h and features a DRS-style active rear wing.

Mclaren 650s engine

Sport ups the ante, requiring a hefty dose of concentration, and then there’s the Track setting, where the ESP will save you, but probably only after you’ve already crashed.

Overall there’s huge front-end grip and the progressive steering, alive with feel, provides confidence-inspiring turn-in. And thanks to the chassis’s inherent stiffness, the 40kg heavier Spider is equally impressive.

Mclaren 650s driving

It isn’t as sexy as the Lambo or Ferrari and it lacks the Porsche’s all-weather ability, but the new 650S is a cool car that outperforms its main rivals with surprising ease and gets 10 out of 10 for entertainment value.

4.5/5

Specs Engine: 3799cc V8, DOHC, 32v, twin-turbo Power: 478kW @ 7250rpm Torque: 678Nm @ 6000rpm Weight: 1428kg 0-100km/h: 3.0sec (claimed) Price: from $464,000