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TAG? Audio Lab?

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T

The Duke

Guest
OK
I have been away for yonks.
The last I heard, Audio Lab sold out to TAG.
I am 41 now and my 1st audiophile kit was, well, what else at the age of 18 with one's 18th B-day money?
An 8000A and a Dunlop System deck 11x

I bought, and forgive me as it was in the name of research, I saw the full page advert in a certain magazine, for Audio Lab!

Could someone fill me in or direct to a link me (maybe) to what happened between then and then?

Thanks

Tim
 
R

roversd1

Guest
Er...

Welcome back from the Moon maybe?

The Audiolab brandname is now owned by what used to be known as 'Wharfedale'.

IAG as they are known also own the following names:

Mission
Wharfedale
Leak
Quad
Audiolab

Do a search on this forum for the bad stuff.
 
T

The Duke

Guest
Cyptic at best!
Last I knew A-Lab was owned by the founder.
That's when I was thee last anyhow.

So, you listed some well known brands.
Thanks

My original question still stands - sorry - I never was any good at X-words!
Can you enlighten me any more?

Tim
 

Miron

Active Member
Yes, Armstrong also landed on the moon, at least they say so...

Duke, read posts in this forum and you will get it all.
 
P

PhilB1234

Guest
Tag Mclaren bought Audiolab, but after a few years their owning company (Mclaren group) was invested in by Daimler Chrysler who didn't want anything other than the automotive parts of the business, so Tag Mclaren Audio had to be sold.
It was bought by IAG who revived the Audiolab brand name that was also part of the deal. Now they are relaunching some of the old Audiolab models.
Hope that potted summary helps>
 
A

asha_bristol

Guest
PhilB1234 said:
Tag Mclaren bought Audiolab, but after a few years their owning company (Mclaren group) was invested in by Daimler Chrysler who didn't want anything other than the automotive parts of the business, so Tag Mclaren Audio had to be sold.
It was bought by IAG who revived the Audiolab brand name that was also part of the deal. Now they are relaunching some of the old Audiolab models.
Hope that potted summary helps>

I was under the impression that Tag Mclaren pulled the plug themselves because at the end of the day they were unprofitable?
 

alexs2

Distinguished Member
asha_bristol said:
I was under the impression that Tag Mclaren pulled the plug themselves because at the end of the day they were unprofitable?

Asha...the history of this is all available in the various posts and threads here and elsewhere.

As to unprofitable....it all comes down to the parent group being a prominent F1 manufacturer,and having cost priorities lying elsewhere,not least being Mclaren's new technology centre,and the enormous costs of running a competitive F1 team.
 

Tantalus

Novice Member
Well I "heard" that TMA were at a 90M loss on the balance sheet....
 

alexs2

Distinguished Member
Much as I said above....Mclaren's cost priorities lay elsewhere,and not in either maintaining or subsidising interests other than F1.
 

AMCross

Well-known Member
"Well I "heard" that TMA were at a 90M loss on the balance sheet...."


Well if that is the case no wonder Ron Dennis wanted rid :D

Wouldn't you in the same position ?

Surely this is chinese whispers :smashin:

I am sure Udo will defend this allegation very soon :lease:
 

alexs2

Distinguished Member
I dont think that much of this is Chinese whispers,as most of it has been aired before in various areas,and there really is very little to add to it now.

Ron's a very shrewd businessman,as pretty much anyone in the motorsport arena is very well aware of,and it's beginning to look as if this thread has run it's course before descending into the interminable examinations of what happened...yet again.
 

AMCross

Well-known Member
Yes but 90M come on that cannot be right
 

alexs2

Distinguished Member
Well...as predicted,the thread really is going nowhere fast,and TheDuke has the information he was asking for.

Whatever the figure was is irrelevant at this time,and was at the time of sale also,given that the decision had been made by Mclaren's board.

In terms of Mclaren's yearly budget £90M wouldn't cover the cost of Mercedes' F1 engine program,but it no doubt would have registered on Ron's financial radar.

Thread closed.
 
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