News Details
'Dennis in battle over £1.6bn takeover bid'
– Ron Dennis has failed in a High Court attempt to keep his position at McLaren, in the wake of a £1.6 billion takeover bid from a Chinese consortium, according to a report.Sky News has reported that unidentified Chinese investors tabled the bid for the McLaren Group – the parent company of the Formula 1 team – last week, which Dennis presented.However, Dennis' move has seemingly prompted fellow shareholders "to launch a plot to oust him" as Chief Executive Officer, a position he was re-appointed to in early 2014.Dennis is said to have been in the High Court on Thursday and Friday in an attempt to secure an injunction against directors suspending him and placing him on...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Chinese investors bid $2.08 billion McLaren takeover...
Chinese investors bid $2.08 billion McLaren takeover deal An unnamed...
9y ago from ThisIsF1.com
Chinese investors make $2-billion bid for McLaren
An unidentified consortium of Chinese investors has made a $2.08 billion...
9y ago from GrandPrix247.com
Dennis fighting for future
McLaren have rejected a £1.65 billion takeover bid from Chinese...
9y ago from SkySports.com
Dennis to be placed on gardening leave – report
Ron Dennis could lose his position as McLaren's chairman and CEO as early...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
17h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
1d ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
1d ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
1d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
1d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
2d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 6: Nasser Al-Attiyah regains overall...
No description available...
15h ago from Motorsport.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
1d ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'Arteta really believes he's a top player' –...
Arsenal have been calling over a potential transfer move for Crystal...
9h ago from CaughtOffside.com
Sol Campbell names 'top player' Arsenal should sign...
Arsenal legend Sol Campbell has suggested that his old club should look...
9h ago from CaughtOffside.com
'Among Europe's best' – David Ornstein confirms...
Arsenal fans will be delighted to hear that Bukayo Saka is closing in on a...
14h ago from CaughtOffside.com
Report: Arsenal to battle Man United & City for...
Arsenal are reportedly looking set for a summer transfer window battle...
13h ago from CaughtOffside.com
Comments
Hottest News
'Sounds incredible!' First video of 2026 F1 cars in action...
F1 fans have been left stunned by the sound of... Read More »
14h ago from GPFans.com
How have current teams evolved over the decades?
Four of the current ten teams have maintained... Read More »
3h ago from F1Technical.net
Audi 2026 F1 car leaked as McLaren announce launch date –...
Check out the biggest stories of the day with the... Read More »
7h ago from RacingNews365.com
