Apple not buying McLaren

accidentcarinwashingtondcRacing and sports car maker McLaren denied reports in the Tame Apple Press that the fruity tax dodger Apple was trying to buy a significant chunk of the company.

The Tame Apple Press was getting rather excited after the news that the super car maker was trying to buy the British company.  It was thought that Apple wanted to buy the outfit so that it could find a car maker who would do what it tells them when it comes to automated driving.  Apple has had no luck in finding a car making partner who will accept its terms and conditions.

This is despite the fact that Apple appears to have abandoned its automative car building plans and cut back on its research. Still you can’t blame the Tame Apple Press for trying to talk up the company to create the illusion that it is still innovative.

McLaren said categorically that it was not in discussion with Apple in respect of any potential investment.

“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.”

It is not surprising. While McLaren supercars are expensive, they do not make the sort of cars that Apple would want to create.

The news originally came from the Financial Times newspaper, which said Apple had made an approach for a strategic investment or a potential buyout.

It reported that the automotive group could be valued at between $1.3 billion.  Apple of course are not saying anything.

The McLaren Formula One team is partnered by Honda, who provide the power units. The team is the second most successful after Ferrari in terms of race wins and titles but has not won a grand prix since 2012.