Home| English| Español | Français| Deutsch| Русский| Português| Italiano| Polski| العرب Українська| Turkish| Nederlands| 한국어| 日本语| 简体| 繁體

Post New Topic

Mercedes still rumored to buy out McLaren


Mercedes still rumored to buy out McLaren


Most rumors in the auto industry surface and are either confirmed or quelled. But here is one that keeps on popping up and has remained unanswered for years.

McLaren teamed up with Mercerdes-Benz back in 1995, and ever since automotive and motorsport journalists alike have been speculating that the German auto giant – which currently holds 40% equity – would buy out the British racing team. However, Mercedes officials have continuously downplayed the suggestion, and no such moves have been made after 12 years of collaboration. The party line from Stuttgart continues unchanged, however McLaren CEO Martin Whitmarsh is indicating otherwise. Speaking with the International Herald-Tribune (the overseas edition of The New York Times), Whitmarsh said "I would be deeply disturbed if Mercedes had no real interest in acquiring us. I think it's a tangible demonstration of their commitment to this".

If Mercedes did opt to buy out the remaining 60% (or acquire an additional 10.1% to acquire controlling interest), it would seem like odd timing. Despite competing at the front for many seasons running now, the collaborative effort of the two outfits in Formula One hasn't yielded a championship since 1999, to say nothing of the parting of company which the two have undertaken to replace the Mercedes SLR McLaren independently.

[Source: F1-Live]


Related Headlines


Other languages:
English| Español | Français| Deutsch| Русский| Português| Italiano| Polski| العرب Українська| Nederlands| Turkish| 한국어| 日本语| 简体| 繁體
the contents of this automatic machine translation we do not guarantee the accuracy, please visit the English original content.Welcome to AutoMK.com!

TOP

Post New Topic

Tags:

Toyota Ferrari Mazda Nissan MINI Porsche BMW Mercedes Benz Honda Cars Audi Ford Lamborghini Bentley World Car News HUMMER Supercars World Car News-A Cadillac Chevrolet Chrysler DaimlerChrysler Dodge GM GMC Hyundai Infiniti Isuzu Buick Bugatti Frankfurt Auto Show Geneva Motor Show LA Auto Show New York Auto Show Paris Motor Show SEMA Tokyo Motor Show Misc. Auto Shows Acura Aston Martin Jaguar Jeep Kia Saturn Scion SMART Subaru Suzuki Volkswagen Volvo RR of the Day Renault Saab Rolls Royce PSA Land Rover Lexus Lincoln Lotus Maserati Maybach Mercury Mitsubishi Pontiac Driving Detroit Auto Show Hot News Gadgets Garage Government/Legal Green Hirings/Firings I.C.E. Japan Maintenance Marketing/Advertising Euro Etc. Earnings/Financials Hot News-A Aftermarket Auction Action Audio Car Buying CES China Concept Cars Contests Motorsports Plants/Manufacturing Podcasts Economy Hatchbacks Hybrids/Alternative Minivans/MPVs Sedans/Saloons Sports/GTs SUVs Trucks/Pickups Wagons/Estates Crossovers/CUVs Coupes Convertibles Recalls/TSBs Safety Spy Photos Tech Time Warp Trends Tuner Tuesdays Videos Commercial Trucks Chicago Auto Show
Visited forums