News Details
Dennis to be placed on gardening leave – report
Ron Dennis could lose his position as McLaren's chairman and CEO as early as next week after the Woking company rejected a takeover by Chinese investors. Dennis has been fighting to retain his position after a boardroom fall-out with business partner Mansour Ojjeh. In an effort to secure his future, Dennis reportedly put together a bid to takeover McLaren in conjunction with a Chinese consortium, worth an estimated £1.65 billion. It was, however, rejected. 'Long-serving McLaren boss Ron Dennis presented the offer for McLaren from a group of unidentified investors last week, a move which prompted his fellow shareholders to launch a plot to oust him as chief executive,' said Sky...
Full Story »
Full Story »
8y ago from PlanetF1.com
0
You May Also Be Interested In...
Ron Dennis to be suspended from McLaren duties this...
Ron Dennis will reportedly be suspended from his role as Chairman of...
8y ago from GrandPrixTimes.com
Dennis fighting for future
McLaren have rejected a £1.65 billion takeover bid from Chinese...
8y ago from SkySports.com
Chinese investors make $2-billion bid for McLaren
An unidentified consortium of Chinese investors has made a $2.08 billion...
8y ago from GrandPrix247.com
Chinese investors bid $2.08 billion McLaren takeover...
Chinese investors bid $2.08 billion McLaren takeover deal An unnamed...
8y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Johann Zarco reveals when he ‘began to believe'...
Johann Zarco reveals he “began to believe” he could win his home...
12h ago from MotorsportWeek.c...
Toprak Razgatlioglu secures Most WorldSBK Race 1...
Toprak Razgatlioglu was a cut above the rest by securing victory in Race...
12h ago from MotorsportWeek.c...
Raul Fernandez: “I don’t race for money – I race...
No description available...
1d ago from Motorsport.com
Jorge Martin pushing for early Aprilia exit;...
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
Middle portion of Indy 500 grid set in tense first day...
Saturday’s marathon Indianapolis 500 qualifying session took place...
2h ago from MotorsportWeek.c...
Marco Andretti kicked to LCQ, Alex Palou fastest in...
No description available...
2h ago from Motorsport.com
Conor Daly on stressful Indy 500 qualifying: “I...
Conor Daly very nearly transferred into the Top 12 during the first day...
2h ago from MotorsportWeek.c...
Colton Herta walks away from huge airborne Indy 500...
No description available...
8h ago from Motorsport.com
Popular On TotalWRC.com
Sebastian Ogier leads in Portugal as Ott Tanak suffers...
Sébastien Ogier was a surprise overnight leader at Vodafone Rally de...
4h ago from MotorsportWeek.c...
Rally Portugal: Sebastien Ogier leads WRC field as Ott...
No description available...
5h ago from Motorsport.com
”It is not ideal” - WRC drivers speak out after...
No description available...
16h ago from Motorsport.com
Ott Tänak tops Rally Portugal after fierce Friday...
Ott Tänak claimed his 400th career stage win on the final stage of Rally...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Viktor Gyokeres comments on future, with Manchester...
Sporting Lisbon striker Viktor Gyokeres addresses his future amid...
1h ago from SportsMole.co.uk
Report: Arsenal looking to fix key weakness by signing...
Arsenal are interested in signing the Brazilian striker Igor Jesus from...
8h ago from CaughtOffside.com
Asking price set: Liverpool expected to enter into...
Wolverhampton Wanderers defender Rayan Ait-Nouri has been linked with a...
6h ago from CaughtOffside.com
Crystal Palace 1-0 Man City: The greatest FA Cup...
Sports Mole counts down the greatest FA Cup finals of all time, from...
5h ago from SportsMole.co.uk
Comments
Hottest News
'Devastated' Lewis Hamilton makes alarming Max Verstappen...
Lewis Hamilton suffered a second consecutive Q2... Read More »
7h ago from RacingNews365.com
Vasseur offers explanation for Ferrari’s disastrous...
On the back of Ferrari’s worst ever qualifying... Read More »
2h ago from F1Technical.net
Adjusted Imola starting grid after penalties for 2025 F1...
Check out the full starting grid for the 2025 F1... Read More »
5h ago from RacingNews365.com
