BERLIN (Reuters) -BMW denied reports by Automobilwoche on Sunday that it was interested in buying McLaren Automotive.
Volkswagen’s Audi said it was open to cooperation opportunities, but flatly denied rumors that it had already completed a deal to purchase the supercar manufacturer in hopes of landing a Formula 1 birth.
German autos publication Automobilwoche had reported on Sunday that the two carmakers were interested in buying McLaren Automotive, without specifying its sources.
Audi is also interested in the Formula 1 division of the company, Automobilwoche said.
BMW told Reuters by phone that the report was wrong. Audi said in an email that it regularly considers different cooperation opportunities, but it did not comment on the specific case of McLaren.
(Reporting by Victoria Waldersee; Editing by Elaine Hardcastle and Hugh Lawson)
Source: www.autoblog.com