Home Lifestyle Auto BMW and Audi may have McLaren in their sights BMW will hold talks with Bahrain’s Mumtalakat, which controls McLaren, at the beginning of next month by Bloomberg November 15, 2021 BMW and Volkswagen’s Audi unit are interested in buying British supercar maker McLaren Automotive Ltd., Automobilwoche reported. BMW is eyeing the supercar business, while Audi is also looking at McLaren’s Formula 1 racing unit, Automobilwoche said, without specifying where it got the information. BMW will hold talks with Bahrain’s sovereign wealth fund Mumtalakat, which controls McLaren, at the beginning of next month, according to the report. Spokespeople for BMW and Audi didn’t immediately respond to requests for comment outside regular business hours. McLaren has been attempting to repair its finances following the impact of the pandemic. In July, the Woking, England-based company raised GBP550m ($738m) from existing investors and the sale of preference shares and equity warrants to new backers Ares Management Corp. and Saudi Arabia’s Public Investment Fund. It also raised $620m from a bond issue. Tags Audi Bahrain BMW McLaren Automotive Mumtalakat 0 Comments You might also like Bahrain’s new domestic minimum top-up tax: What it means for multinationals BNP Paribas to scrap Bahrain as Middle East HQ and cut jobs Saudi Ma’aden to buy nearly 21% stake in Bahrain’s Alba for $1bn Bahrain to impose 15% minimum tax on large multinationals