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McLaren Group moves to deny Audi takeover story

The McLaren Group has strongly denied a media report published on Monday claiming that it had been acquired by Audi. Britain's Autocar made the claim that a deal between the two automotive companies had been signed and sealed, with the takeover also providing Audi with a de facto entry into Formula 1. But McLaren was quick to dismiss Autocar's report. "McLaren Group is aware of a news media report stating it has been sold to Audi," rea a statement from the Woking-based company. "This is wholly inaccurate and McLaren is seeking to have the story removed. "McLaren’s technology strategy has always involved ongoing discussions and collaboration with relevant partners and...
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