Apple may be ready to accelerate its car project. The Financial Times reports that the iPhone maker has held talks that could lead to the takeover of Great Britain’s McLaren Technology Group, one of the world’s top automotive engineering firms and operators of the McLaren Formula One team. Along with the contract engineering services it provides to a variety of auto industry clients, including NASCAR, McLaren Technology Group and its top executives are the majority shareholders in McLaren Automotive, which builds low volume, high end sports cars priced from $185,000 to over $1 million each. Apple has yet to officially acknowledge that it is working on any car technology, but has reportedly hired engineers and executives from the automotive world for a project codenamed Titan. A tie-up with McLaren could potentially bring the two pieces of that puzzle together.

Source: Fox News September 21, 2016 17:18 UTC