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Have you seen or heard of their m cars?
They DO have sport cars.
The m4 competition…….very nice
Eh, barely sports cars anymore IMO. More like sport lines of luxury sedans. Maybe their CSL or whatever they call it would qualify, they are still just stripped out sedans.

Very different than something like a McLaren, or even a Cayman.
 

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Eh, barely sports cars anymore IMO. More like sport lines of luxury sedans. Maybe their CSL or whatever they call it would qualify, they are still just stripped out sedans.

Very different than something like a McLaren, or even a Cayman.
Agreed
I have an M4 competition and its definitely not like my 675lt. But, in that category its above anything else
 
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Have you seen or heard of their m cars?
They DO have sport cars.
The m4 competition…….very nice
You can't not see them. I hear George Foreman filed a complaint because they have more grill than he does.
 
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McLaren have talked with VW Group, says Brown
A reminder about all this, F1 is NOT automotive or applied technologies. They can have their hands in 1 and not all 3. Now, with McLaren being involved with Mercedes on the SLR, there was a relationship of some crossover on things in the McLaren automotive line, so there could end up being VW influence in automotive. VW is 8 ways from Tuesday associated with Rimac which would be a positive direction in electrification.
 

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It's been a while so let's have some more renewed unconfirmed McLaren Audi rumours:



Translation:

Volkswagen will probably enter Formula 1 with two teams. From 2026, Audi and Porsche are expected to win in the premier class with their own engines. Insiders tell us that the group executive board and group supervisory board are expected to give the green light for the billion-euro investment in April.

Actually, Audi and Porsche wanted to save costs with a jointly developed drive train. But Porsche boss Oliver Blume is planning an exclusive partnership with Red Bull – without Audi.

Audi boss Markus Duesmann reacted emotionally to going it alone. According to participants, in meetings he complained that he had been betrayed. But now he seems to have found his way into the premier class.

The Volkswagen Group wants to enter Formula 1 with two teams. According to reports, the supervisory board is to decide on the release of the investment for “Project Speed” as early as next week. If the Group Board of Management has its way, Audi and Porsche will be competing for victory in the premier class from 2026.

Internally, the race for pole position has long since begun. The initially planned partnership between the two VW subsidiary brands has given way to a rivalry that has been heating up spirits for weeks. “The relationship between Audi boss Markus Duesmann and Porsche boss Oliver Blume is tense,” says the supervisory board.

As several participants explained in discussions with Business Insider, Duesmann accused Porsche boss Blume at a meeting of the Audi control committee a few weeks ago of having betrayed him. Originally, Audi and Porsche wanted to shake up the premier class with a jointly developed powertrain. “On the home straight, Blume overtook Duesmann,” says a person familiar with the process. So Porsche suddenly presented an exclusive partnership with Red Bull and sent the message: Sorry Audi, we’re going to do it alone now!

Works council silenced? While MAN was cutting thousands of jobs, the truck manufacturer offered to finance his business studies in Hungary for a worker leader “Duesmann seemed visibly touched,” says a top manager. After all, the Audi boss is not only the main driver behind Volkswagen’s entry into Formula 1, but also an absolute motorsport specialist. From 2005 to 2009, Duesmann led the development of Formula 1 engines, first at Mercedes and then at BMW. At the beginning of the year, however, he feared that Volkswagen would enter the premier class without him.

While Porsche was able to present specific figures on the planned Red Bull deal to the group board of directors in February, group finance director Arno Antlitz tormented Audi boss Duesmann with unpleasant questions about the business case. “Against this background, Duesmann reacted very emotionally, also attacked Blume in board meetings and criticized his going it alone,” an insider tells us. He is also said to have mocked the painted beverage cans that Porsche then uses to travel.

In fact, the Austrian beverage manufacturer has been a preferred partner of Volkswagen for many years. A confidential presentation from January 2008 already said: “Formula 1 is the pinnacle of motorsport. Audi and Porsche plan to start developing a powertrain in 2008; racing is planned from 2011 with top positions from 2012. The Red Bull team is the racing team. The goal is a winning overall vehicle.”

For what was then “Project X1”, Audi and Porsche were supposed to set up a “Formula 1 Engineering GmbH” in which Audi had a 60 percent stake and Porsche 40 percent. “The GmbH should be located in Ingolstadt in the area of Audi engine development,” says the internal paper. None of this was implemented at the time because the then VW supervisory board chairman Ferdinand Piech allegedly did not trust the Formula 1 boss Bernie Ecclestone.

Ecclestone is now history and Formula 1 is facing an eco-revolution. The regulations are to be fundamentally changed from 2026. In addition to a much higher proportion of electricity in the hybrid system, a 1.6-liter V6 engine will then be fueled with synthetic fuel or biofuel. The new regulations would fit perfectly into the drive strategy of Porsche and Audi. The new set of rules, on which representatives from Audi and Porsche also contributed, should be officially adopted by the summer at the latest. Only then, everyone emphasizes, is entry into Formula 1 a clean affair.

While Porsche wants to retain a “marketing monster” in Red Bull and invest a mid three-digit million amount over the next five years, Audi is banking on the traditional British racing team McLaren and is even aiming to take over the brand. According to corporate circles, a declaration of intent to purchase is on the way. It should go to an amount beyond 500 million. Details are secret. Neither an Audi spokesman nor a Porsche spokesman wanted to comment on the whole Formula 1 process.

According to information from Business Insider, the supervisory boards of Audi and Porsche have already approved the respective plans. A first hurdle has thus been cleared. However, the vote of the Group Executive Board in the coming week is considered decisive. Most recently, however, the top management signaled that they wanted to enable both brands to enter the market. In the meantime, Audi has also been able to demonstrate that the entry would pay off financially, according to company circles. “Some questions are still open,” says an insider. “But we are very optimistic.” Finally, the Group’s supervisory board has to approve the plan for a double Formula 1 entry in April.

This is what VW promised when it entered Formula 1 around ten years ago This is what VW promised when it entered Formula 1 around ten years ago Both VW brands expect a great advertising effect from the commitment. The growth and viewership of Formula 1 is extraordinary. The fact that interest in the premier class is now also noticeably increasing in North America should be particularly valuable for the German manufacturers. In addition, Audi and Porsche promise to be able to transfer technical innovations from Formula 1 development to series production. “Especially for Audi, this could be an opportunity to revive the old slogan ‘Vorsprung durch Technik’,” says a group manager.

But the decisive factor will be whether the car is successful. Because whether Red Bull Porsche or McLaren Audi - in the end only one can be at the top.
 

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Porsche taking over the engine development on that Honda PU is a scary thought. Verstappen might actually make it to 7 titles if AN hangs around, although of course the first one will always have a very big asterisk next to it.
 

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Reuters as well reporting the exact same rumour.

Wonder if the "depending on McLaren's rollout of electric vehicles" means successfull rollout of the delayed Altura.

 

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Reuters as well reporting the exact same rumour.

Wonder if the "depending on McLaren's rollout of electric vehicles" means successfull rollout of the delayed Altura.

I believe it is the longer term plan. Production on the Arturo has already started.
 

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I'm not clear on what this report is trying to say. "Audi will offer around 500 million euros ($556.30 million) for McLaren, one source said". That's not remotely enough to buy McLaren. Is this like a licensing / supply deal with no equity ? And then it's denied pretty hard by McLaren "McLaren Racing chief executive Zak Brown told Reuters the Formula One team was "definitely not for sale" and not looking for further equity partners."

Doesn't sound like buying McLaren or even part of McLaren ... any time soon.
 

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Discussion Starter · #132 ·
I'm not clear on what this report is trying to say. "Audi will offer around 500 million euros ($556.30 million) for McLaren, one source said". That's not remotely enough to buy McLaren. Is this li supply deal iwith no equity ? And then it's denied pretty hard by McLaren "McLaren Racing chief executive Zak Brown told Reuters the Formula One team was "definitely not for sale" and not looking for further equity partners."

Doesn't sound like buying McLaren or even part of McLaren ... any time soon.
Yes not clear. - Audi has an interest in entering F1. Making an acquisition of an existing team is considered the ‘easiest’ approach. So McLaren Racing which is now an internal separate financial entity from McLaren Automotive within the McLaren Group is considered a viable team for acquisition. Mumtalakat is the major shareholder of McLaren Group and would therefore have a big voice in any sale of McLaren Group either as a Group or a partition of the McLaren F1 team. What portion of McLaren the $556K million refers to, or is it a bidding start opener, outside of the negotiators who knows….
 
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I'm not clear on what this report is trying to say. "Audi will offer around 500 million euros ($556.30 million) for McLaren, one source said". That's not remotely enough to buy McLaren. Is this like a licensing / supply deal with no equity ? And then it's denied pretty hard by McLaren "McLaren Racing chief executive Zak Brown told Reuters the Formula One team was "definitely not for sale" and not looking for further equity partners."

Doesn't sound like buying McLaren or even part of McLaren ... any time soon.
People offer me half price for my products like they're doing me a favor, that doesn't mean there is interest in selling anywhere near the offer.
 

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People offer me half price for my products like they're doing me a favor, that doesn't mean there is interest in selling anywhere near the offer.
it’s not even the right order of magnitude. If it’s reported accurately (big if) it suggests to me the deal is for something else. Like Aston Martin’s racing deal. No equity relationship. Or a supply deal. It’s probably not even reported accurately, so just playing what if …
 

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Discussion Starter · #138 ·
Audi Raises Offer to Gain Foothold in McLaren: Automobilwoche
Steven Arons, Bloomberg News
April 3, 2022
(Bloomberg) -- Volkswagen AG’s Audi brand raised its offer to gain a foothold in sports car brand McLaren to 650 million euros ($718 million) from 450 million euros, according to a report by the Germany’s Automobilwoche.
The idea is to take a stake in McLaren’s Formula 1 unit, while an investment in the sports car maker itself could happen in a second step, Automobilwoche reported, without saying how it obtained the information. The two parties plan to sign a letter of intent on Monday and Volkswagen’s supervisory board will discuss the matter later this month, according to the publication.
The German car manufacturer’s interest in McLaren first emerged late last year. Volkswagen AG’s premium brand had previously floated the idea of acquiring McLaren as a way to gain access to the Formula 1 business, but McLaren deemed the offer as too low, Bloomberg reported at the time.

McLaren is also continuing discussions with BMW AG and signed a memorandum of understanding with the Munich-based carmaker on March 24 about the joint development of an architecture for electric sports cars, according to Automobilwoche. The agreement isn’t binding and could be voided by a deal with Audi, the report said.

Volkswagen, too, is pursuing a dual track strategy and plans a cooperation of its Porsche brand with Formula 1 team Red Bull, according to the report.

©2022 Bloomberg L.P.
 

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Propably not worth posting updates as all they say is Soon, but anyway here's the latest one.

“A meeting of top-level management from the VW main board is set to be held in Wolfsburg throughout Thursday afternoon, with the Audi and Porsche projects up for discussion as part of the wider agenda.

Following the discussions, both projects will be put to a vote. Official announcements regarding the outcome of these votes could thus be made on Thursday evening, possibly as early as 18:00 CET”

 
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