According to the latest reports, the two German automotive legends, BMW and Audi, are both after the British supercar brand.
That said, BMW AG has already denied this claim in an Automobilwoche report. Audi, on the other hand, hinted that it might be interested in working with the British manufacturer.
In fact, for Audi, it would also mean an easy ticket to Formula 1 as the company may be interested in buying the prestigious racing team. However, this info has not yet been validated by Automobilwoche, one of the most popular German car magazines.
Furthermore, when asked about their intentions, a spokesperson at BMW stated that the magazine article was simply “wrong,” whereas Audi’s PR expert said that the company is routinely considering several co-op programs, which are all part of the company’s strategic deliberations.
In the report, Automobilewhoche also states that BMW will meet with the Mumtalakat wealth fund, which controls the British car company.
Apparently, McLaren has been struggling and looking for financial solutions after the initial impact of the pandemic. Namely, just a few weeks ago, Mike Flewitt, the company’s CEO, stepped down after reading the company for eight years.
In April, the company first sold and then leased back its headquarters in Woking, near the British capital.
In July, the company managed to raise $755 million from investors in equity warrants and preference share sales. What’s more, the company also managed to raise an additional $620 million from a bond issue.
Overall, McLaren wouldn’t be the first supercar-maker to be bought. And if it’s purchased by Audi, the British brand will join the ranks of other prestigious makers, such as the French Bugatti, or the Italian Lamborghini.