Supercar-maker McLaren says not in discussion with Apple ‘in respect of any potential investment’

“McLaren damped down a report on Wednesday that Apple Inc had made an approach for the British Formula One team owner and supercar maker,” Alan Baldwin and Supantha Mukherjee report for Reuters. “‘We can confirm that McLaren is not in discussion with Apple in respect of any potential investment,’ a McLaren spokesman said.”

MacDailyNews Take: How about discussion of an acquisition?

McLaren spokesman 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,'” Baldwin and Mukherjee report. “It reported that the automotive group could be valued at between 1 billion pounds ($1.3 billion) and 1.5 billion pounds.”

Read more in the full article here.

MacDailyNews Take: As always, beware precisely-worded non-denial denials.

Apple in talks to acquire British supercar maker McLaren – September 21, 2016


    1. True McLaren are after all at the forefront of rather a lot of cutting edge technology that could be useful to Apple and Gordon Murray (and his team) is equally at home producing high tech super cars as he is innovative city cars, ‘cheap’ electric roadsters and even flatpack all terrain vehicles for third World countries. Not to mention the processes and constituent parts behind all these vehicles.

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