Mclaren de­nies any Ap­ple ne­go­ti­a­tions

Motor Sport News - - Racing News -

Mclaren has de­nied that it is in talks with US electron­ics gi­ant Ap­ple over a po­ten­tial takeover deal.

A re­port in The Fi­nan­cial Times last week said the Wok­ing firm had opened talks with Ap­ple over a po­ten­tial in­vest­ment deal, which could even lead to a multi-mil­lion pound takeover of the firm.

The re­port said Mclaren Tech­nol­ogy Group – which com­prises the Mclaren F1 Team, Mclaren Au­to­mo­tive and Mclaren Ap­plied Tech­nolo­gies – was ap­peal­ing for Ap­ple as it seeks to grow its con­cept of elec­tric driver­less cars.

How­ever, when con­tacted for com­ment about the re­port, a Mclaren spokesper­son shot down any spec­u­la­tion.

“We can con­firm Mclaren is not in dis­cus­sion with Ap­ple in re­spect of any po­ten­tial in­vest­ment,” the spokesper­son said.

“As you would ex­pect, the na­ture of our brand means we reg­u­larly have con­fi­den­tial con­ver­sa­tions with a wide range of par­ties, but we keep them con­fi­den­tial.”

The sug­ges­tion is Ap­ple is in­stead now more fo­cused on the de­vel­op­ment of the sys­tem be­hind such a car, rather than man­u­fac­tur­ing the car it­self.

Ap­ple: no deal in place

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