2018 Mclaren 570s on 2040-cars

Auto blog

Apple takeover of McLaren makes Project Titan sound a lot more interesting [UPDATE]

UPDATE : A McLaren spokesperson confirmed to Autoblog that these reports are untrue: "We can confirm that McLaren is not in discussion with Apple in respect of any potential investment." A spokesperson further told Business Insider that the Financial Times' report is completely untrue and that the automaker is not holding any talks with Apple in regard to a takeover or a strategic investment. Apple is considering buying McLaren Technology Group, a British automotive manufacturer, and is currently holding talks with the company, reports the Financial Times. According to three individuals that are currently in on the negotiations, the California-based technology group is thinking about a full takeover of the British automaker or a strategic investment. The anonymous sources claim that talks started several months ago. A collaboration between Apple and McLaren, from the automaker's standpoint at least, is puzzling. Apple has been working on its autonomous, electric vehicle for over two years now, while McLaren hasn't revealed any interest in creating a self-driving car. McLaren, though, isn't posting healthy profits as the Financial Times claims that the automaker reported a revenue of $344 million and pre-tax losses of $29.3 million in 2014. For Apple, a partnership with McLaren could prove to be fruitful as the company would have access to the automaker's high-tech chassis materials and engineering components, kicking the company's automotive project into overdrive. The Financial Times reports that Apple is interested in McLaren's patent portfolio, technology, and engineering prowess, which would surely help the technology company with its automotive project. Earlier this month, Apple reportedly laid off dozens of employees to "reboot" its automotive program. While there's no word on what the "reboot" included, the Financial Times' anonymous sources claim that the deal might not go ahead because of the recent shift in Apple's automotive project. According to the Financial Times' unnamed sources, McLaren Technology owns 80 percent of McLaren Automotive and is valued at between $1.29 and $1.95 billion. If the deal between McLaren and Apple were to go through, that would make it the technology company's largest acquisition since the company bought Beats Electronics for $3 billion in 2014. This isn't the first time Apple invested in a company that focuses on transportation. The technology company recently invested China's main Uber competitor – Didi Chuxing.

Race Recap: 2015 US Grand Prix was wet, wild, and historic

Hurricane Patricia made landfall in Mexico this weekend, and made her presence known throughout the South. For two of the three days of the grand prix weekend it rained non-stop in Austin, so badly on Saturday that qualifying had to be postponed until Sunday morning, and then it only stayed dry enough to conduct the first two sessions. At the end of a tricky, slippery Q2 Nico Rosberg had put his Mercedes-AMG Petronas on the front row, one tenth ahead of teammate Lewis Hamilton. The German had done the best he could to keep his hair-thin chances of a World Championship fight alive. Daniel Ricciardo lined his Infiniti Red Bull Racing chassis in third ahead of teammate Daniil Kvyat, both drivers having moved up a place because Ferrari driver Sebastian Vettel took a ten-spot grid penalty for using a fifth engine and dropped to 13th. Continuing the two-up theme, Sergio Perez and Nico Hulkenberg were fifth and sixth for Force India. After that came variety: Felipe Massa in seventh for Williams, Max Verstappen for Toro Rosso in eighth, Fernando Alonso looking good in the rain for McLaren in ninth, and Romain Grosjean for Lotus in tenth. When the lights went out, Turn 1 set the tone. Pole position is on the outside line at Circuit of the Americas, and Hamilton had got himself far enough under Rosberg by the time the two got up the hill that Rosberg had to stick to the outside through the corner. At the corner exit Hamilton used the entire track, pushing Rosberg wide, their cars touching. As Rosberg left the track and dropped back to fourth, Hamilton radioed to the team to say the contact was unintentional. The two Mercedes' and two Red Bulls animated the front. Rosberg passed Ricciardo at the end of a Virtual Safety Car period employed to let the marshals clean the debris at Turn 1. Kvyat started chasing down Hamilton until the Russian ran wide and let Rosberg and Ricciardo through, then Rosberg ran wide on the next lap to let Ricciardo through. On Lap 15, Ricciardo passed Hamilton through the esses to take the lead. After the first round of pit stops the Aussie still had the lead, followed by Rosberg, Kvyat, Hamilton, and Vettel. Then Rosberg got around to take the lead and Vettel closed in on Hamilton as the Brit duked it out with the Russian. Rosberg showed excellent speed, building up a nine-second gap on Ricciardo, but a Safety Car period erased that when Marcus Ericsson had to park his dead Sauber on the inside of the track after Turn 10.

FIA levels F1 playing field for Honda

Formula One may place a high emphasis on technical innovation, but it also demands an equal playing field. So after the FIA regulations handed Mercedes a technical advantage for next season, a loophole was opened up to allow Ferrari and Renault to update their engines throughout the year. That left engine-supplier-to-be Honda in the dust, but now the motorsport governing body has awarded the Japanese automaker the same courtesy. As is often the case, the issue revolves around the specific wording of the regulations. Ferrari and Renault successfully argued that, contrary to its spirit, the letter of the law (or regulations, in any event) didn't actually specify when existing engine suppliers had to complete their revisions for the upcoming championship. The thing is that the rules were more clear when it came to new suppliers, so Honda was told that it would have to complete its design before the start of the season – unlike Ferrari, Renault and Mercedes, which would be allowed to continue development (albeit on a limited basis) throughout the year. Recognizing the inherent injustice of the resulting regulations, the FIA has consented to Honda's request that it be afforded the same opportunities as its rivals. The Japanese manufacturer, which returns to the paddock this season with McLaren, will therefore be allowed to make adjustments to its engines as its first season back on the grid progresses, just like the other engine suppliers. News Source: AutosportImage Credit: McLaren Motorsports Honda McLaren F1 fia regulations