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The Financial Times: ‘Apple in Talks on McLaren Supercars Takeover’

Matthew Garrahan and Tim Bradshaw, reporting for The Financial TimeS: Apple has approached McLaren Technology Group, the British supercar engineer and Formula One team owner, about a potential acquisition, in the clearest sign yet that the iPhone maker is seeking to transform the automotive industry. The California technology group, which has been working on a self-driving electric vehicle for more than two years, is considering a full takeover of McLaren or a strategic investment, according to three people briefed on the negotiations who said alks started several months ago.
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