Apple is looking to be in car business for a very long time but it was never able to take the all important first step. However, things might be changing in the near future as a couple of reports have hinted that the tech giant is planning to acquire McLaren.
McLaren is known worldwide for its Formula One racing team and if Apple acquires the brand, then it will become a part of F1 Racing as well.
There is no concrete information available about the deal but reports indicate that McLaren is valued between $1.3 and $2 billion.
Both companies have declined to comment when asked about the acquisition, but if the talks are indeed underway, then we will certainly be hearing about it in the coming days.