Apple to Buy Sports Car Manufacturer McLaren?

According to reports, San Francisco-based tech giant, Apple is in talks with McLaren, a British automotive manufacturer of luxury, high-performance sports cars, for a possible acquisition. These talks are said to have originated a few months back and are in the final stages. Apple has been interested in developing a car and while the official launch of Apple car will be somewhere around 2020, the company might be looking to take help from an external source. In this case, McLaren would be the perfect company to help execute the plan. The electric car from Apple might or might not have self-driving capabilities, and has to be something far superior than Tesla or it won’t sell well. Apple will also have to think about the R&D required and the infrastructure for its customers, which Tesla seems to have figured out very well. According to Financial Times, Apple is looking to purchase McLaren or at least interested in investing into their car business. The FT also reports that this acquisition could cost between $1.3 billion and $2 billion to Apple.

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