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qz : Apple in talks on McLaren supercars takeover

Apple (AAPL) is reportedly in talks to buy Formula 1 carmaker McLaren — Quartz

Apple (AAPL) is reportedly in talks to buy Formula 1 carmaker McLaren — Quartz

Apple has approached McLaren Technology Group, the company behind the McLaren Formula One racing team and some of the most expensive road cars in the world, about a potential acquisition, the Financial Times reported.McLaren isn’t profitable, but the FT points out that the British company’s expertise in novel automotive materials, such as carbon-fiber and aluminum—a metal near and dear to Apple’s lead designer, Jony Ive—could provide the impetus Apple is looking for as it aims to develop a standout car.Apple has been rumored to be working on some sort of vehicle—potentially a self-driving car, an electric car, or maybe even a minivan—since February 2015.

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Apple is reportedly in talks to buy automaker McLaren

Apple is reportedly in talks to buy automaker McLaren

The auto industry may soon get a new power player from the tech world: Apple Inc. is reportedly in talks to buy high-performance car company McLaren, according to the Financial Times.The two firms have been talking for several months about plans to have Apple make a strategic investment in the McLaren Technology Group or buy it outright, the article said, citing “three people briefed on the negotiations.”McLaren Technology Group includes McLaren Automotive, McLaren Racing and McLaren Applied Technologies.Apple declined to comment on the report.

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Apple in talks on McLaren supercars takeover

Apple in talks on McLaren supercars takeover

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