BMW and Audi targeting to buy Mclaren: Report

Aston Martin has been attempting to restructure its finances following the impact of the devastating Covid-19 pandemic.
By : HT Auto Desk
| Updated on: 14 Nov 2021, 18:16 PM
Like many other car brands, Aston Martin too is working on electric powertrain technology. (REUTERS)
Like many other car brands, Aston Martin too is working on electric powertrain technology. (REUTERS)
Like many other car brands, Aston Martin too is working on electric powertrain technology. (REUTERS)
Like many other car brands, Aston Martin too is working on electric powertrain technology.

German luxury car brands Audi and BMW are reportedly aiming to purchase the British supercar brand McLaren Automotive Ltd. While BMW is aiming at the supercar business, Audi is aiming at the McLaren's Formula One racing unit, reports Automobilwoche.

(Also Read: Aston Martin completes its first unit of Valkyrie hypercar)

However, the publication didn't specify the source of this report. As it claims, BMW will hold talks with Bahrain's sovereign wealth fund Mumtalakat, which has a controlling stake in the British supercar company. The discussion is expected to take place sometime next month, claims the report.

Similar Cars

Find More Cars
Aston Martin Db11 (HT Auto photo)
Aston Martin Db11
5198 cc | Petrol | Automatic (Dual Clutch) | 8.9 kmpl
₹3.29 Cr**Ex-showroom price
Aston Martin Vantage (HT Auto photo)
Aston Martin Vantage
3982 cc | Petrol | Automatic (Dual Clutch) | 8.62 kmpl
₹2.95 Cr**Ex-showroom price
Mercedes-benz Amg Gt (HT Auto photo)
Mercedes-benz Amg Gt
3982 cc | Petrol | Automatic (Dual Clutch) | 8.06 kmpl
₹2.64 Cr**Ex-showroom price
Ferrari Purosanguesuv (HT Auto photo)
UPCOMING
Ferrari Purosanguesuv
 
₹3 - 3.35 Crore* *Expected Price
Lamborghini Urus (HT Auto photo)
Lamborghini Urus
3996 cc | Petrol | Automatic (Dual Clutch)
₹3.1 Cr**Ex-showroom price

However, BMW and Audi are tight-lipped about this report, as claimed by Bloomberg.

The British luxury car marquee has been attempting to restructure its finances following the impact of the devastating Covid-19 pandemic. The company has raised funds in the last one year through several attempts. However, in case it lands under the umbrella of the BMW or Volkswagen AG, the automaker would help the German brands in their quest for hyper electric mobility. This in turn might help the BMW and Audi as well.

FOLLOW US:Stay Updated with latest content - Subscribe us on
FOLLOW US:Stay Updated with latest content - Subscribe us on

Meanwhile, McLaren like many other brands is working on electric powertrain technology. As part of the strategy, the British company has stepped into the world of E-racing with its all-electric SUV Odyssey 21, which was unveiled during the United Nations Change Conference or COP26.

Painted in Aston Martin's signature papaya Orange and inked decorations, the Odyssey comes as an all-electric off-road vehicle tha5t seems ready to go anywhere in the world. The vehicle has been conceptualised keeping the capability of high-powered electric off-road races in remote terrains in focus. The concept also showcases the British firm's technological prowess.

First Published Date: 14 Nov 2021, 18:16 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city