F1 »

Apple interested in McLaren buyout

It has been reported US technology giant Apple has signalled its interest in acquiring the McLaren Technology Group.
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 state 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 McLaren Group to McLaren Technology Group to bring it into line with its diversifying involvements as Ron Dennis was named as Chairman and Chief Executive Officer.

Apple has been developing a self-driving electric car but it is not clear whether any McLaren involvement would include that particular project.

READ: Alonso always trusted McLaren but had too much hope in 2015

McLaren's car department has recently launched the 12C (2011) and the P1 sports car (2013) with former McLaren Racing CEO Jonathan Neale the new COO having been appointed earlier this year.

McLaren currently sits sixth in the F1 world constructors' championship and has scored 54 points in the opening 15 races of the season.

Latest Tweets from Crash.net & GPF1rst




Related Pictures

Click on relevant pic to enlarge
02.09.2016 - Free Practice 1, Jenson Button (GBR)  McLaren Honda MP4-31
01.10.2016 - Qualifying, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid pole position
01.10.2016 - Qualifying, 2nd position Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid pole position and 3rd position Max Verstappen (NED) Red Bull Racing RB12
01.10.2016 - Qualifying, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid pole position and 2nd position Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid
01.10.2016 - Qualifying, Felipe Massa (BRA) Williams FW38
01.10.2016 - Qualifying, Sebastian Vettel (GER) Scuderia Ferrari SF16-H
01.10.2016 - Qualifying, Daniel Ricciardo (AUS) Red Bull Racing RB12 and Sebastian Vettel (GER) Scuderia Ferrari SF16-H
01.10.2016 - Qualifying, Daniel Ricciardo (AUS) Red Bull Racing RB12
01.10.2016 - Qualifying, Jenson Button (GBR)  McLaren Honda MP4-31
01.10.2016 - Qualifying, Jenson Button (GBR)  McLaren Honda MP4-31
01.10.2016 - Qualifying, Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid
01.10.2016 - Qualifying, Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid
01.10.2016 - Qualifying, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid pole position
01.10.2016 - Qualifying, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid pole position
01.10.2016 - Qualifying, Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
01.10.2016 - Qualifying, Valtteri Bottas (FIN) Williams FW38
01.10.2016 - Qualifying, Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
01.10.2016 - Qualifying, Nico Hulkenberg (GER) Sahara Force India F1 VJM09

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


Mark _

September 21, 2016 5:58 PM

mrfill: Presumable the car would be all white, cost four times as much as the rest and have a battery that can only be replaced in an Apple store.
And when there is a software update it won't be as fast.



© 1999 - 2016 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.