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McLaren says it is not in discussions with Apple about investment

A spokesman for luxury carmaker McLaren told CNBC that it "is not in discussion with Apple in respect of any potential investment."

Earlier on Wednesday, the Financial Times reported that the tech giant had approached McLaren about a potential acquisition. The New York Times, citing two sources familiar with the situation, also reported that the two are discussing a potential investment.

Apple declined to comment to CNBC on the report that it is in talks to buy McLaren.

Apple is also discussing a potential acquisition with electric motorcycle company Lit Motors, according to The New York Times. Both Apple and Lit Motors declined to comment to the newspaper.

This story is developing. Please check back for further updates.

— CNBC's Alex Crippen, Josh Lipton and Ryan Ruggiero contributed to this report.