McLaren refuses its purchase from Audi

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McLaren 765LT Spider
Image: McLaren

Rumors of Audi’s purchase of the McLaren have been in turmoil lately, however, the McLaren Group has explicitly denied this.

The rumors were ignited by an article published by car which suggested that Audi had bought both McLaren Automotive and McLaren Racing. Having heard the rumors, McLaren released a statement saying the article is untrue and there has been no change in ownership.

McLaren Senna GTR
McLaren Senna GTR. Image: McLaren

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“The McLaren Group is aware of a media report that claims it has been sold to Audi. This is completely inaccurate and McLaren is trying to remove the story, “the statement said.” McLaren’s technology strategy has always involved ongoing discussions and collaborations with relevant partners and suppliers, including other automobile manufacturers, however, not there has been no change in the ownership structure of the McLaren Group. “

McLaren P1 5th Anniversary Image: LaSource

Multiple reports have claimed that two of the “Big Three” German auto companies are looking to take over McLaren: BMW and Audi. Car accelerator reported that the former is just looking at McLaren’s auto business, however, Audi is excited about both that and the racing side of things.

According to those familiar with the matter, Audi would be ready to secure a deal for both of them McLaren Automotive and McLaren Racing are worth £ 1 billion.

McLaren 720S GT3X
Image: McLaren

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Car magazine reported that BMW will meet the Mumtalakat wealth fund in early December. BMW’s potential deal with McLaren would be huge for the company as it would allow the German marque to compete with AMG-Aston Martin. It would also allow BMW to compete with Volkswagen Group supercars from Audi, Porsche and Lamborghini.

On the other hand, it would appear that Audi’s interest in McLaren would be to strategically block its longtime competitor.

In September, Audi put its RS Q e-tron, set to race in the Dakar Rally in 2022, al test in Morocco. Although the team gained a lot of information, they admitted the car needed more work. The 2022 Dakar Rally is a 12-stage event that will take place from January 2-14, 2022. It will take place in Saudi Arabia, starting in Ha’il and ending in Jeddah, crossing canyons, cliffs, coastlines and stretches of dunes.

Watch this space as this story unfolds.

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