The McLaren Group has issued a statement denying a report which claimed it has been purchased by Volkswagen Group brand Audi.
“McLaren Group is aware of a news media report stating it has been sold to Audi,” said the group in 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.”
McLaren Group includes its Racing division, which fields teams in F1, IndyCar and soon Extreme E too, plus its Automotive branch. The McLaren Applied technology division was sold to Greybull Capital in August.
Last year McLaren Group made significant staff cuts, shedding around 1,200 staff following the onset of the pandemic, a small number of which were in its racing division. It later sold a 33% stake in the Racing division to MSP Sports Capital, bringing around £185 million into the team.
Audi is believed to be considering an entry into F1 when the series introduces a new power unit formula in 2026.
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