2012 Mclaren Mp4-12c Coupe on 2040-cars

Auto blog

McLaren CEO says Apple takeover talks happened but didn't go anywhere

Back in September, we reported that Apple was in talks to buy McLaren, as per a report in the Financial Times. A McLaren spokesperson flatly denied the rumor at the time, but it turns out that perhaps the truth of the matter is a little more complex than that denial encompassed. In an interview with Reuters, McLaren's acting CEO Mike Flewitt confirmed that there were talks with Apple, but that they never reached the stage where Apple made a bid. "There wasn't a bid from Apple," Flewitt told Reuters. "They visited. We talked. We talked about what they did. We talked about what we did. They toured. It never matured to a definitive proposition." Even if Apple had made a bid, it seems like the people who run McLaren might not have been in the mood to take it. As you might remember, long-time CEO Ron Dennis was ousted recently from his position after a 35-year run. A BBC report made it sound like the dismissal had to do with management style, but Sky News reports that it was Dennis's backing of a Chinese takeover bid that precipitated his departure. Apparently the stockholders weren't keen on selling, whether to a Chinese consortium or anybody else, and so Dennis got the boot. It's not as if Dennis will be completely uninvolved from this point forward. The man still has a 25 percent stake in the company, and will remain on the board of directors of both the McLaren Technology Group as well as McLaren automotive itself. In other news, Zak Brown, a former racing driver and sports marketing executive, has decided to take Dennis's vacated position, reports Sky News. Related Video: News Source: Reuters, Sky NewsImage Credit: Mark Thompson/Getty Images McLaren Racing Vehicles Special and Limited Editions Performance mclaren automotive

Formula 1 seeking independent engine supplier

Formula 1 could get a new engine supplier in the near future, if Bernie Ecclestone and the independent teams gets their way. According to Autosport, the FIA is soon to open the contract up for bids, and there are already several manufacturers that have expressed interest. Currently Mercedes, Ferrari, Renault, and Honda supply engines – both to their own premier teams (Red Bull and McLaren for the latter two) but also to other teams like Williams, Sauber, and Toro Rosso. Because the new turbocharged V6 hybrid power units cost those four suppliers so much to develop, they're charging their customer teams big bucks – around $20-30 million per season – to provide the engines. These costs are much higher than the $10 million or so it used to cost to purchase a V8 engine under the previous regulations. Ecclestone figures it's time to bring in another supplier who will not run their own team and not play favorites, but will supply engines to private teams at a lower cost. There are already a number of potential suppliers under consideration. One of them is said to be Cosworth, which has a long history in the series stretching back to 1963. The British firm stepped back between 2007 and 2009, returned in 2010, and dropped out again after 2013. The development could be of particular benefit to Red Bull, which has been unable to find an engine supplier and could be forced out of the series as a result. The team has long been powered by Renault, but that relationship has grown sour. And the other three engine manufacturers have not been forthcoming in offering an alternative arrangement for the team. Related Video: News Source: AutosportImage Credit: Cosworth Motorsports Ferrari Honda Infiniti McLaren Mercedes-Benz Renault F1 engine contract

McLaren won't do an SUV, says company design chief

While many carmakers traditionally known for supercars have bolstered their lineups with SUVs and crossovers, that will not happen with McLaren. At least according to McLaren design chief Mark Roberts, as quoted by Automotive News. Roberts made the statement at an event preceding the Canadian International Auto Show in Toronto, saying, "We really do deliver on the ultimate driving experience. For us, it means no compromise. An SUV doesn't allow us to deliver on that. It's not a no-compromise kind of vehicle." Company boss Mike Flewitt was asked the same question way back in 2014, and the response was similar: "We need to remain very focused. McLaren is a sports car brand, and that's exactly what we're going to remain." For a number of sports car brands now offering SUVs, it's all about making money to make money: Selling profitable, in-demand, high-riding vehicles provides them with the bankroll to keep developing their low-slung core products that show the brand in the best light. For McLaren, dilution like that isn't an option, despite its intent to bring as many as 18 new models to the market by 2025, electrifying its lineup with hybrid tech. Roberts told Automotive News: "For a small company like McLaren, it's a big deal and a big challenge. It's putting a big demand on [McLaren's production facility] to step up to demand and build more volume." Still, for some carmakers, the old thought "Never say never again" will prove true: Ferrari CEO Sergio Marchionne famously told reporters in 2016, "We won't make an SUV. You'll have to shoot me first." Despite that, Ferrari confirmed an SUV was on the table when the late Marchionne was still very much alive. And Rolls-Royce, which recently launched its massive Cullinan SUV, reportedly " wasn't even discussing SUVs" as late as 2013. Related Video: