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McLaren denies Apple buyout talks
McLaren has played down reports of Apple looking to heavily invest or buyout the company after news speculated negotiations were imminent. Yesterday, reports published in the Financial Times newspaper stated 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. A statement from McLaren has duly watered down the news: “We can confirm that McLaren is not in discussion with Apple in respect of any potential investment," a spokesman said to the BBC. McLaren did also stress it is continually in conversations with a 'wide range of parties' but these talks remain confidential. In 2015,...
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