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'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'...
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9mo ago from GPBlog.com 0
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