The McLaren Group has categorically denied a news report which stated it had been subject of a takeover by Audi.
On Monday Autocar reported Audi had purchased the McLaren Group and would take full control over the company's road car and racing operations, including the McLaren F1 team.
The McLaren Group put out a statement several hours later saying: "McLaren Group is aware of a news media report stating it has been sold to Audi. This is wholly inaccurate and McLaren is seeking to have the story removed.
McLaren's technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers, including other carmakers, however, there has been no change in the ownership structure of the McLaren Group.