News Details

Apple interested in McLaren buyout

It has been reported US technology giant Apple has signalled its interest in acquiring the McLaren Technology Group with the company estimated to be valued between £1bn and £1.5bn. Reports published in the Financial Times newspaper have signalled Apple's intention to step into the automotive industry with the British supercar maker and Formula 1 team which could see a takeover or financial investment. In 2015, McLaren changed its registered name from the McLaren Group to the McLaren Technology Group to bring it into line with its diversifying involvements with Ron Dennis named as Chairman and Chief Executive Officer. Apple has been developing a self-driving electric car but it is not...
Full Story »
8y ago from Crash.net 0
Share

You May Also Be Interested In...

Apple in talks with McLaren about potential takeover

 XPB Images US technology giant Apple has approached the...
8y ago from F1i.com

Apple ‘in talks to buy McLaren'

Apple INC. are now in talks with McLaren for a potential take-over or...
8y ago from F1Hub.net

Sauber keeps rebuilding after Longbow buyout

Sauber is continuing to rebuild after almost collapsing under financial...
8y ago from GrandPrix247.com

Sauber F1 keeps rebuilding after Longbow buyout

Sauber keeps rebuilding after Longbow buyout Sauber F1 is continuing to...
8y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Yamaha set to confirm new inline-four MotoGP engine at...

Yamaha admits it is likely to use its updated inline-four MotoGP engine...

Joan Mir confirms new Honda engine sees improvement in...

Joan Mir confirmed that Honda's new engine has shown improvements in 'all...

Popular On IndyCarToday.com

Ericsson narrowly tops opening IndyCar practice...

The NTT IndyCar Series headed out on track at Barber Motorsports Park...

IndyCar hybrid weight set to make two stop strategy...

The NTT IndyCar Series is visiting Barber Motorsports Park this weekend,...

Felix Rosenqvist still feels like a rookie after 100...

This weekend at Barber Motorsports Park, Felix Rosenqvist will start his...
13h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Toyota Gazoo Racing's silver lining

Toyota Gazoo Racing has a silver lining, literally. Not content with a...

Popular On GunnersToday.com

Chelsea transfer news: Blues 'seriously considering'...

Chelsea are reportedly 'seriously considering' a summer approach for a...
3h ago from SportsMole.co.uk

‘A big, big talent’: Arteta excited by Dowman’s...

t;li>‘Let’s see how this evolves. He is doing the right...
4h ago from TheGuardian.com

Arsenal boss Mikel Arteta reveals 'confident' William...

Arsenal manager Mikel Arteta reveals he is 'confident' about William...
6h ago from SportsMole.co.uk

Bournemouth boss Andoni Iraola explains why it is...

Bournemouth manager Andoni Iraola has explained why it is 'very difficult'...
5h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.