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Ron Dennis to be suspended from McLaren duties this weekend - Report
Ron Dennis will reportedly be suspended from his role as Chairman of McLaren this weekend, after a legal challenge at London's High Court failed. The Briton, who has been in charge of the McLaren Formula 1 team for almost 40 years, is fighting a bid by McLaren's shareholders to remove him from the company following a disappointing few seasons. Dennis owns 25 per cent of the McLaren Group, with Mansour Ojjeh also owning 25 per cent, whilst Bahraini sovereign wealth fund Mumtalakat owns a majority holding at 50 per cent. Ojjeh and Mumtalakat want to remove Dennis, but the 69-year-old is keen to increase his shareholding in the company and presented a £1.65...
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7y ago from GrandPrixTimes.com
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