According to some reports, Audi is taking over McLaren, including the F1 team. This means that Audi could enter the world of the most prestigious car competition, Formula 1.

The news was published by Autocar, and fresh capital would be a good financial injection for McLaren. If Audi did take over the British company, it would own the entire group. That wouldn’t include the McLaren Applied Technology division that was sold last August to another investor. This would give Audi access to advanced technologies and motorsport, while McLaren would solve financial problems.

In an official statement, McLaren dismissed the information, saying: “McLaren’s technology strategy has always included talks and collaborations with relevant partners and suppliers, including other car manufacturers. But there is no change in the ownership structure of the McLaren Group.”

Audi has not yet commented on this announcement.

Source: Autocar