Apple has reportedly approached McLaren about an investment or potential takeover. The Financial Times - which cites three sources it says have knowledge of the negotiations - said the loss-making Formula One team owner could be valued at between £1bn and £1.5bn. McLaren said it was "not in discussion" with the US firm but that it regularly held "confidential conversations with a wide range of parties". The statement did not deny that there had been an approach. A deal could give Apple access to key automotive technology amid reports that it is working on a self-driving car. It comes a couple of weeks after US firm Liberty Media agreed to...
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