F1 News, Reports and Race Results

Apple in talks with McLaren about potential takeover

US technology giant Apple has approached the UK-based McLaren Technology Group about a potential takeover, according to a report in the Financial Times.

The story explains that Apple is either contemplating a full acquisition or a strategic investment, having looked to develop its own self-driving electric vehicle for the past couple of years.

The report adds that the California-based firm is enticed by McLaren’s technology, engineering proficiency, and wide range of patents.

The business newspaper expects the Ron Dennis-led British conglomerate, which includes the McLaren F1 Team, to be valued between £1bn and £1.5bn.

Apple’s interest in McLaren comes a pair of weeks after US media company Liberty Media decided to acquire Delta Topco - Formula One's parent company - in a deal worth $8bn (£6bn).

Scene at the 2016 Singapore Grand Prix

Quotes of the week - 2016 Singapore Grand Prix

2016 Singapore Grand Prix - Driver ratings

REPORT: Rosberg takes title lead after Singapore thriller 

Keep up to date with all the F1 news via Facebook and Twitter

Julien Billiotte

Recent Posts

Alpine double-podium in Brazil could deliver $30 million windfall

Alpine’s remarkable double podium at the São Paulo Grand Prix with Esteban Ocon and Pierre…

10 hours ago

F1i's Driver Ratings for the 2024 São Paulo GP

Alexander Albon, Williams (Did Not Start): 5.5/10 Alex Albon is definitely going through something of…

11 hours ago

Jos Verstappen rips British media after Brazilian Max fest

Jos Verstappen wasted no time after his son spectacular win at the São Paulo Grand…

13 hours ago

Leclerc left with ‘mixed feelings’ after disappointing Sao Paulo GP

Charles Leclerc's weekend in Sao Paulo was unfortunately a stark contrast to Ferrari's recent triumphs…

14 hours ago

Back when Kimi knew exactly what he was doing

Twelve years ago on this day, Kimi Raikkonen took a popular win at the 2012…

16 hours ago

Mercedes fined for starting grid tyre pressure infringement

The Mercedes team was hit with a fine by the FIA after Sunday’s Sao Paulo…

17 hours ago