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McLaren says reports of sale to Audi inaccurate, no change to ownership structure -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO A McLaren 720S being assembled at the McLaren Automotive Production Centre Woking (Britain), September 12, 2017. REUTERS/Chris J. Ratcliffe

BERLIN, (Reuters) – McLaren Automotive stated Monday that claims that the company had been sold to Audi were false. The statement was made in response to an Autocar article that claimed that an acquisition deal had already been concluded.

McLaren Group was made aware by a media report that claimed it had been sold to Audi. McLaren believes this is false and is trying to remove the story,” said a spokesperson for McLaren Group.

An inquiry regarding ongoing conversations with Audi was not answered directly by the spokesperson.

McLaren’s technology strategy was always based on ongoing conversations and collaboration with relevant suppliers and partners. But, McLaren Group has remained the same ownership.”

Audi told Reuters that it is “looking at different cooperation ideas”, but it did not confirm or deny whether McLaren was discussing a sale.

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