McLaren Confirms Talks With Apple, But They 'Never Matured to Definitive Proposition'

mclaren-apple-logoIn late September, the Financial Times reported Apple was considering a full takeover of McLaren Automotive or a strategic investment in the British supercar maker.

The New York Times and Bloomberg separately reported talks were underway as well, noting Apple was more likely to make a large investment in McLaren rather than buy it.

Two months later, it now turns out those reports were accurate. In an interview with Reuters, McLaren Automotive CEO Mike Flewitt confirmed McLaren was in discussions with Apple, but he said the talks never progressed towards a definitive proposition. He also ruled out a takeover bid from Apple.

"There wasn't a bid from Apple," said Flewitt. "They visited. We talked. We talked about what they did. We talked about what we did. They toured. It never matured to a definitive proposition," he said.

McLaren previously said it was "not in discussion with Apple in respect of any potential investment," a seemingly purposefully vague statement that did not rule out discussions between the companies entirely. Financial Times reporter Tim Bradshaw rightly stood by his story despite McLaren's statement.

Apple's interest in McLaren may have diminished as the iPhone maker's ambitions reportedly no longer include building its own car "for now." Under the leadership of Bob Mansfield, Apple's automotive team has reportedly shifted its focus towards developing an underlying system and technologies for autonomous vehicles.

McLaren, headquartered in Woking, Surrey, manufactures high-performance sports cars, including the P1 and F1 models that look similar to Formula One race cars. The carmaker produced just 1,654 vehicles last year, some costing as much as $1 million apiece. Apple marketing chief Phil Schiller is said to own a McLaren.

McLaren has a Formula One team itself that competes under the name McLaren Honda, winning more F1 Grand Prix races than any other team since 1966. Formula One itself was sold to U.S.-based Liberty Media for $4.4 billion in August. McLaren Automotive and McLaren Racing are subsidiaries of McLaren Technology Group.

(Thanks, OllyW!)

Related Roundup: Apple Car
Tag: McLaren

Top Rated Comments

AZREOSpecialist Avatar
67 months ago
Makes sense. Apple is too cheap to pay what another company is worth and has absolutely no direction on future innovation. Now they went from building a car, which was relatively stupid, to making systems that no vehicle manufacturer will want. Why would vehicle manufacturers want anything from Apple when they develop their own semi-autonomoues technologies in-house or get them from Mobileye? Even Tesla rolled its own solution into production vehicles in less than a year... Apple has been chewing on this for how long? Idiots.

After $20 billion in R&D, Apple will announce something stupid that nobody wants. And Tim Cook will talk about all the great products in the pipeline. Unfortunately, by the time anything they are "working on" is ready, iPhone and iPad sales will be tanking while other companies, like Google, innovate with actually desirable phones like the Pixel. Nobody will want a car that integrates seamlessly into the iOS ecosystem by 2020. Look at the sales trajectory of Apple's mobile products: DOWN.

Tim Cook's days are numbered, that is, if the Board of Directors is paying any attention to what's not happening in Cupertino: Innovation. Cook has not structured the company in a way that promotes innovation, clearly evident by the lack of any attention being paid to its UI and product lines. Phil Schiller keeps getting fatter as he pumps out useless products nobody wants.

This is a very sad time for Apple.
Score: 48 Votes (Like | Disagree)
Jimmy James Avatar
67 months ago
The last thing I wanted to hear was Jony justifying his design choices for a supercar.
Score: 27 Votes (Like | Disagree)
Tacitus Avatar
67 months ago

Tim Cook's days are numbered,
Wrong target. It's Ive that's doing the damage. When I see a laptop where everything is soldered to the motherboard, including AFAICT, the touch ID, I conclude function has gone bye-byes. A computer where any damage to what effectively is the 'On' switch needs a new motherboard including the SSD, is design gone mad.

I've been a Mac user since the early 90s and if Windows wasn't such a pos, I'd be looking seriously at jumping ship.
Score: 21 Votes (Like | Disagree)
hawkeye_a Avatar
67 months ago
McLaren's, Beats headphones, music subscriptions.....

I wonder if anyone there is focused on making some good Macs?
Score: 20 Votes (Like | Disagree)
bingeciren Avatar
67 months ago

if Windows wasn't such a pos, I'd be looking seriously at jumping ship.
I feel the same way. The only way Windows can compete with macOS is abandon its Registry based virus heaven legacy foundation and completely re-design a new Unix based OS from ground up. Are they "courageous" enough to do it? I doubt it very much.
Score: 17 Votes (Like | Disagree)
ThomasJL Avatar
67 months ago
If Apple takes over McLaren, will McLaren be renamed MacLaren?

If they make a Formula 1 car, they can call it the MacLaren Pro.

If they make a street-legal car for consumers, they can call it the iMacLaren.

If they make a small roadster, they can call it the MacLaren Mini.
Score: 12 Votes (Like | Disagree)

Popular Stories

AirPods Pro Gen 3 Mock Feature Red

AirPods Pro 2 Could Start a New Accessory Ecosystem

Friday January 14, 2022 2:34 am PST by
Apple's second-generation AirPods Pro could arrive alongside a new series of accessories, recent leaked images suggest. Alleged leaked photos of the next-generation AirPods Pro obtained by MacRumors showed a charging case with a metal loop on the side for attaching a strap. Apple has not used this design for any of its other AirPod models and it is unclear why it would be added in this...
netflix2

Netflix Again Raises Prices for All Plans, 4K Streaming Now $20 Per Month

Friday January 14, 2022 12:46 pm PST by
Netflix today updated the prices for its streaming plans, and all of its offerings are now more expensive. The Basic plan is now priced at $9.99 per month, the Standard plan is priced at $15.49 per month, and the Premium plan is priced at $19.99 per month. The Basic plan is $1 more expensive, up from $8.99 per month. This plan allows users to watch on just one screen at a time, and it limits ...
iPhone 14 Mock pill and hole 16x9 120hz

Analyst: All iPhone 14 Models to Feature 120Hz Displays, 6GB of RAM, and More

Friday January 14, 2022 7:02 am PST by
Apple is rumored to announce four new iPhone 14 models in September, and ahead of time, analyst Jeff Pu has outlined his expectations for the devices. In a research note with Haitong International Securities, obtained by MacRumors, Pu claimed that all iPhone 14 models will feature ProMotion displays, compared to only Pro models currently. ProMotion enables a variable refresh rate up to 120Hz ...
ios 15

Apple Releases Minor iOS 15.2.1 and iPadOS 15.2.1 Updates

Wednesday January 12, 2022 10:05 am PST by
Apple today released minor 15.2.1 updates for iPhone and iPad users, and the software comes one month after Apple launched iOS 15.2 and iPadOS 15.2 with a slew of improvements. The iOS 15.2.1 and iPadOS 15.2.1 update can be downloaded for free and the software is available on all eligible devices over-the-air in the Settings app. To access the new software, go to Settings > General >...
maxresdefault

Hands-On With LG's 32-Inch UltraFine OLED Pro Display

Wednesday January 12, 2022 1:12 pm PST by
LG in December announced the launch of its new 2022 32-inch UltraFine OLED Pro display, and in our latest YouTube video, we went hands-on with it to see how it compares to Apple's Pro Display XDR and whether it might be worth picking up depending on the price point. Subscribe to the MacRumors YouTube channel for more videos. Officially named the "32BP95E," the display features a resolution of ...
iPad Pro Big Ol Logo Orange

Next iPad Pro Might Feature Large Glass Apple Logo to Allow Wireless Charging

Friday January 14, 2022 10:44 am PST by
Bloomberg's Mark Gurman and Debby Wu last year reported that Apple had tested a new iPad Pro with a glass back for wireless charging capabilities. In a recent edition of his newsletter, Gurman said he expects the new iPad Pro to be released in 2022. While the new iPad Pro is still on track to feature wireless charging, 9to5Mac's Filipe Espósito today reported that Apple may have ultimately...
iPhone 14 Mock pill and hole

iPhone 14 Pro Now Rumored to Feature Both Pill-Shaped and Circular Cutouts

Wednesday January 12, 2022 9:26 am PST by
Apple is widely expected to remove the notch on iPhone 14 Pro models, but there have been conflicting rumors about the new design. Early rumors suggested that Apple would adopt a hole-punch design with Face ID somehow moved completely under the display, and later it was rumored that there would be a pill-shaped cutout instead. Now, display industry consultant Ross Young has claimed that...
fortnite apple logo geforce feature

Fortnite Coming Back to iOS Soon Thanks to Nvidia's GeForce NOW Service

Thursday January 13, 2022 11:19 am PST by
With the Apple vs. Epic Games lawsuit continuing on, there are no signs that Apple has any intention of allowing popular battle royale game Fortnite to return to the App Store on iPhone and iPad. Epic Games has found a workaround though, by partnering up with Nvidia. GeForce NOW, Nvidia's streaming gaming service, will soon add Fortnite support, allowing Fortnite to be played through a...
iMac 27 inch 2020 sale

Deals: Apple's 21.5-Inch iMac Hits Record Low Price of $599.99 ($499 Off) [Update: Out of Stock]

Thursday January 13, 2022 4:05 am PST by
Amazon today has a great deal on the 2017 Intel 21.5-inch iMac (2.3GHz, 8GB RAM, 256GB SSD), priced at $599.99, down from $1,099.00. This is the best price we've ever tracked on this model, and it's only available at Amazon. The sale price will be reflected after an automatic coupon is applied at checkout. Note: MacRumors is an affiliate partner with some of these vendors. When you click a...