Is Apple going to expand its business by purchasing McLaren?

Recently you may heard the news that Apple is going take over the McLaren technology group and McLaren automotive both of these companies are roughly worth of one to two billion dollars. From past few months they are discussing about this deal and now it has finalized officially. But some people are saying this is just a rumor and they are not ready to sell it. Apple is approached to this company to start with new project if this deal is finalized, we can able to see many new changes in market.

Although, McLaren entirely denies this all. In a statement, a McLaren spokesperson has stated, “We can confirm that McLaren is not in discussion with Apple in respect of any potential investment.”

Project Titan is the main thing that Apple was concentrating, over than thousands of family is engaged on this project. They are planning to develop cars with the help of this project. Bob Mansfield is the head of the project.