Apple is in talks with British supercar engineer McLaren about a potential acquisition, according to a report Wednesday from the Financial Times.
FT reported that the talks are the clearest signs so far that the iPhone and Apple Watch manufacturer is eyeing a move into the automated car industry.
It’s no secret that the Cupertino-based company has reportedly been working on a self-driving electric car project for some time now, according to anonymous sources who have talked to people familiar with it. The New York Times reported earlier this month that Apple is “rethinking” its automative strategy.
Tesla CEO Elon Musk has said that Apple has hired hundreds of engineers, including some from
Apple has yet to comment, but McLaren released a statement to The Verge, which said the company "is not in discussion with Apple in respect of any potential investment."
The FT report indicated that Apple is eyeing a full takeover of McLaren, according to at least three people briefed on the negotiations.
McLaren is headquartered in England, is perhaps most famous for its Formula One racing cars. The McLaren marque was founded by driver and engineer Bruce McLaren in 1964.
