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

Francesco Bagnaia explains why it's ‘impossible'...

After failing to secure a podium at his Grand Prix at Mugello, Francesco...

EU approves Liberty Media's purchase of MotoGP and...

Liberty Media has received unconditional approval from the European...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar Road America – Race Results

Road America was the scene of this weekend’s IndyCar event, and high...

Popular On TotalWRC.com

Rallies around the world: The ones not to miss – and...

Rallying is unlike any other motorsport. It doesn’t unfold on pristine...

Popular On GunnersToday.com

2x Champions League winner to complete Arsenal...

Arsenal are reportedly closing in on the final details of the Kepa...
2h ago from CaughtOffside.com

'Heartbroken' Arsenal target has informed club of...

Transfer journalist Fabrizio Romano has provided an update on the...
2h ago from CaughtOffside.com

Manchester United hero Edwin van der Sar snubs...

Edwin van der Sar has backed his former side Manchester United to win the...
1h ago from SportsKeeda.com

Arsenal to compete with Tottenham for experienced star...

Arsenal and Tottenham Hotspur are set to compete for the Brentford...
2h ago from CaughtOffside.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.