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REPORT: McLaren Rejects Buy-In Offer From Potential F1 Newcomer Audi

Published 11/09/2021, 1:53 AM EST

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via Reuters

Two of the major subsidiaries of the Volkswagen Group, Audi and Porsche, are still hunting for a path to Formula 1. And, with the deadline (December 15) inching closer, both the German outfits are showing a bit more urge; While Porsche are ramping up for a potential Red Bull merger, Audi are keen on buying into McLaren.

Of course, Audi’s interest in taking over the ownership of McLaren Racing in F1 is understandable, as the British outfit have been under pressure since the financial crunch in 2020. Hence, Audi are looking to breach McLaren’s vulnerability.

But, how absurd would it be if McLaren do fall into Audi’s offer? Well, that’s not happening.

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Why McLaren will not fall for Audi’s deal?

The deal definitely would have gone through had the offer arrived in the mid-2010s when McLaren were suffering from a rather painful hybrid-era stint.

But, post-Mercedes team up, McLaren have almost looked unstoppable against the rest of the mid-field pack. Moreover, the British outfit are on course to claiming P4 in the constructor’s championship this season, and possibly P3 as well if they manage to out-race Ferrari in the upcoming race weekends.

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via Reuters

Hence, amidst such a positive trend returning to McLaren, it would be absolutely foolish of the team to sell their perfectly built outfit. And there are brighter prospects turning up for McLaren as F1 heads into a new unpredictable era, come 2022.

Cost cap, McLaren’s savior

The cost cap has certainly helped a financially struggling McLaren this season. Andreas Seidl too affirmed that the team will soon gain 30% more sponsorship money, helping them march into the profit zone.

We will soon be in the profit zone. This year alone we received 30 percent more sponsorship money,” he said according to Auto Motor Und Sport.

via Reuters

This is sad news for the potential newcomers. With F1 starting to gain more success, the price tag of even a struggling F1 team will skyrocket, making it almost impossible for a buy-out. Hence, imagine the value of a legendary racing outfit like McLaren, could be in billions of dollars.

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But, for teams like Audi and Porsche, this is the right period to acquire a racing outfit; F1 will boom to a whole new level, and there is going to be a massive gold rush. Hence, with the deadline arriving in a month, what will be Volkswagen Group’s final verdict?

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Written by:

Rohit Kumar

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Rohit Kumar is an F1 author at EssentiallySports. He has been an ardent follower of the racing series since 2007, with his love for the sport coinciding with his love for Kimi Raikkonen. He is also an ardent follower of Sebastian Vettel and Aston Martin Racing.
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