News Details

'Audi seeks takeover of F1 team McLaren'

Both BMW and Audi are said to be aiming at a takeover of McLaren. That is what Car Magazine writes on its website this weekend. BMW would be very interested in McLaren Automotive, but the company itself denies this. Audi would like to take over the supercar business and the Formula 1 team of the formation from Woking. Talks between BMW and McLaren are said to be in preparation. 'Behind the scenes, intermediaries, brokers and agents have been busy exploring options, assessing values, setting strategies and evaluating risks and opportunities. A key player is Mumtalakat, Bahrain's sovereign wealth fund that owns about 42 per cent of McLaren.' It was expected that the first 'on the record'...
Full Story »
2y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Audi rumored to be mulling a bid for McLaren!

Volkswagen brands Audi and Porsche are set to decide their future in F1...
2y ago from F1i.com

Audi reportedly buy out entire McLaren Group

A report from Autocar has claimed that Audi have secured an entry into...
2y ago from PlanetF1.com

‘No McLaren interest in takeover from Audi'...

An Audi takeover of McLaren is “the hottest rumour in the paddock”...
2y ago from PlanetF1.com

CEO Daimler sees Verstappen as favourite: 'Will be...

According to Bild it should become clear by mid December whether the...
2y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Acosta heralded following debut MotoGP podium at...

Pedro Acosta received high praise following the Portuguese Grand Prix,...
16h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle quickest in Safari shakedown

Reigning WRC champion Kalle Rovanperä set the benchmark time in Wednesday...

Popular On GunnersToday.com

Exclusive: 'There will be a race' to sign Arsenal...

Arsenal striker Mika Biereth is impressing on loan this season and it now...
51m ago from CaughtOffside.com

Arsenal to lose out on cover for Bukayo Saka thanks to...

It could be a disappointing summer for Arsenal in the transfer market this...
1h ago from CaughtOffside.com

Arsenal interested in 26-year-old former player who...

AC Milan midfielder Ismael Bennacer may be available to sign in the...
31m ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.