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fri 26 mar - sun 28 mar
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fri 03 dec - sun 05 dec
Quali sat 04 dec
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fri 10 dec - sun 12 dec
Quali sat 11 dec
Race sun 12 dec
sau
Start Saudi Arabian GP
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Formula 1

McLaren deny 'wholly inaccurate' Audi takeover report

The McLaren Group have responded to a report that emerged in the British media on Monday.

The McLaren Group have dismissed a report of a takeover by German automotive giant Audi as "wholly inaccurate".

On Monday morning, British media outlet Autocar claimed that the McLaren Group would be acquired by Audi, allowing the brand, as part of the Volkswagen Group, to gain a foothold in Formula 1.

However, McLaren responded with a strongly-worded denial.

"McLaren Group is aware of a news media report stating it has been sold to Audi," read a statement.

"This is wholly inaccurate and McLaren is seeking to have the story removed.

"McLaren's technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers, including other carmakers, however, there has been no change in the ownership structure of the McLaren Group."

The McLaren Group includes a Racing division (which runs teams in F1 and IndyCar, with Extreme E to follow) and an Automotive subsidiary. The Applied technology arm was sold to investment company Greybull Capital earlier this year.

Audi have been heavily linked to F1 in recent times, as the sport prepares to introduce new engine regulations.

F1 will head to Saudi Arabia for the first time in 2021, and RacingNews365.com recently paid a visit to the spectacular Jeddah Corniche Circuit.

RN365 News dossier F1 2021 Brazilian Grand Prix

The latest news about the Sao Paulo Grand Prix straight from the Interlagos Circuit.

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