By MacRumors Staff
McLaren Confirms Talks With Apple, But They 'Never Matured to Definitive Proposition'
In 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...
Read Full Article 149 comments
Apple in Talks to Acquire Luxury Carmaker and Formula One Team McLaren [Update: McLaren Denies]
Apple has approached British luxury carmaker and Formula One team McLaren about a potential acquisition, likely to be valued at between $1.3 billion and $1.9 billion, according to Financial Times. Apple is reportedly considering a full takeover of McLaren, or a strategic investment in the company, likely in an effort to bolster its widely rumored automotive project. Apple is said to be...