Apple Buying McLaren? McLaren Says Definitely Not Buying

Apple Buying McLaren? McLaren Says Definitely Not Buying

apple buying mclaren |

Apple buying Mclaren was a hot topic recently in the global automotive news.

If Apple intends to market a high-end, self-driving electric vehicle, the low weight and high strength of carbon fibre make it an ideal construction material. McLaren’s entire current range is engineered around a carbon fibre chassis. This is the reason why Apple buying Mclaren

The loss-making British automotive group is far more than just a Formula 1 team and supercar manufacturer. It has a tradition for innovation stretching back decades, including the first carbon fibre car in Formula 1 and the first carbon fibre-bodied road car, the McLaren F1

Earlier this morning, the Financial Times reported that Apple was in talks to buy McLaren, citing three different unnamed sources. But just spoke with officials at McLaren, and they claim none of it is true. At all.

“We can confirm that McLaren is not in discussion with Apple in respect of any potential investment,” McLaren’s terse, one-line official statement reads.

A source that jalopnik spoke to at McLaren went further, saying there was zero truth to the rumor. “It’s not true at all. There’s no chatter, there’s no acquisition,” the source said.

When asked if one of McLaren’s minority investors, such as the Bahraini sovereign wealth fund known as Mumtalakat could be willing to divest its stake, the source said that would not entail an Apple takeover, either.

Mumtalakat only owns half of the automotive group, and not any portion of the valuable Applied Technologies Group or the Formula One team.

There goes the news of Apple Buying McLaren

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