News Details

McLaren: We are not in discussion with Apple

Apple Inc has approached British Formula One team owner McLaren Technology Group for a strategic investment or a potential buyout, the Financial Times reported, citing sources.   However, McLaren said it was not in talks with Apple about a deal. 'We can confirm that McLaren is not in discussion with Apple in respect of any potential investment.' While Apple insisted that they do 'not comment on rumours or speculation.' The loss-making automotive group could be valued at between 1 billion pounds and 1.5 billion pounds, the newspaper reported. A deal with McLaren, which also produces high performance sports cars, could give Apple key automotive technology amid reports that the iPhone...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Apple ‘in talks to buy McLaren'

Apple INC. are now in talks with McLaren for a potential take-over or...
9y ago from F1Hub.net

Apple interested in McLaren buyout

It has been reported US technology giant Apple has signalled its interest...
9y ago from Crash.net

Apple linked with McLaren buy-out

Technology giant Apple Inc is reported to be eyeing a £1.5bn...
9y ago from Pitpass.com

Apple in talks with McLaren about potential takeover

 XPB Images US technology giant Apple has approached the...
9y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Jonathan Rea explains why ‘mental management’ will...

Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

“Now or never”, “Time to run it back” -...

Arsenal fans on X are expecting Martin Odegaard to perform after Mikel...
1h ago from SportsKeeda.com

Southampton v Arsenal – live blog

Join us for live blog coverage of our FA Cup quarter-final away to...
2h ago from Arseblog.com

Southampton vs Arsenal team news LIVE!

No description available...
3h ago from SkySports.com

Arsenal to bid for game-changer forward after 10 goals...

Anthony Gordon has been linked with a move away from Newcastle United at...
9h 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.