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McLaren Automotive

Company

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Owners:
Audi

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Owners

History

2022: Audi buys stake in sports car manufacturer for 650 million euros

In early April 2022, it became known about the sale of a stake in the British McLaren company Audi for 650 million euros, which is 200 million euros more than the price originally offered by the German automaker.

According to the report, Audi will receive a stake in the McLaren division in Formula 1, as well as consider investing in the sports car manufacturer at a later stage.

Audi buys a stake in the manufacturer of sports cars for 650 million euros

The German automaker's interest in McLaren first attracted attention at the end of 2021, and earlier the company put forward the idea of ​ ​ acquiring McLaren as a way to gain access to the Formula 1 business, but McLaren then considered the offer too low.

McLaren also continues negotiations with BMW and on March 24, 2022 signed a memorandum of understanding with the automaker on the joint development of architecture for electric sports cars. The publication added that the agreement is not binding and can be canceled as a result of a deal with Audi.

probably Volkswagen will also give a green signal Porsche for participation in Formula 1. The company plans to cooperate with its Porsche brand with the Formula 1 team. Red Bull It is argued that Volkswagen's final decision to join Formula 1 will depend on whether the motor racing sport company follows its plans to switch to synthetic fuel by 2026, as well as on the progress of McLaren in electrifying its cars.

Earlier in 2022, it became known about the serious financial problems of McLaren, whose revenues decreased sharply due to falling sales and the cancellation of racing competitions amid the coronavirus pandemic. COVID-19 The company was forced to sell its headquarters in Woking, earning 170 million pounds - 30 million less than expected.[1]

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