Yes that is sad news. As well as the role he played in building customer McLarens in the 60s and early 70s, which was one of the key factors for the growth and financial stability of Mclaren, Peter and his son Charlie have since raced a brace of McLaren Can-Am cars in British and European historic racing for many years also, I got to enjoy seeing these cars during my time in the UK. The Aggs also owned, for a time, the Team VDS twin-turbo M8F, which had 1300 hp available to it with the boost turned up.