McLaren slams the brakes on Apple buyout rumors

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apple car
The Apple Car won't be built by McLaren.
Photo: Motor1

The dream of owning an Apple supercar has crashed before it even had time to crash.

World-famous luxury car maker McLaren quickly issued an official denial to a report from this morning that claimed Apple is engaged in acquisition talks with the company.

“We can confirm that McLaren is not in discussion with Apple in respect of any potential investment,” McLaren tersely told Gizmodo. “It’s not true at all. There’s no chatter, there’s no acquisition.”

Considering Apple’s car project has run into several speed bumps over the past year, buying McLaren kind of makes sense. Apple hit the reboot button on Project Titan recently after Bob Mansfield took over. Dozen of employees working on the Apple Car have allegedly been let go as Apple tries to focus on how it could best bringing innovation to the auto industry.

Despite McLaren’s statement, one of the Financial Times reporters behind the story says they’re standing behind their sources.