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 »
1y 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...
1y ago from F1i.com

Audi reportedly buy out entire McLaren Group

A report from Autocar has claimed that Audi have secured an entry into...
1y ago from PlanetF1.com

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

An Audi takeover of McLaren is “the hottest rumour in the paddock”...
1y ago from PlanetF1.com

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

According to Bild it should become clear by mid December whether the...
1y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Andretti breaks ground on massive new headquarters

Andretti Autosport has broken ground on its massive new, $290 million...
16h ago from SpeedCafe.com

IndyCar no longer developing 2.4-liter engine for 2024

The NTT IndyCar Series has announced that it is pausing development on its...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Three solutions to Arsenal's Gabriel Jesus injury...

Sports Mole looks at three ways for Arsenal to manage without Gabriel...
55m ago from SportsMole.co.uk

Games Gabriel Jesus could miss through injury

Sports Mole takes a look at which Arsenal games Gabriel Jesus could miss...
1h ago from SportsMole.co.uk

Comments

Hottest News

Guenther Steiner warns McLaren about Oscar Piastri

McLaren and Haas are preparing for 2023 in very... Read More »
4h ago from Formula1News.co.uk

F1 LIVE - Audi join F1 grid four years early

Welcome to our 'F1 LIVE' section that keeps you... Read More »
3h ago from GPFans.com

Mick Schumacher handed F1 lifeline

Calvin Lo has recently thrown his hat in the ring... Read More »
2h ago from Formula1News.co.uk

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.