News Details

Ron Dennis forced to step down at McLaren

Ron Dennis has issued a personal statement after being forced to step down at McLaren today. The move came, as expected, following the Briton's failure in the High Court last Friday to prevent his other main shareholders in the McLaren Technology Group, Mansour Ojjeh and the Bahrain Sovereign wealth fund Mumtalakat, having him placed on 'gardening leave'. This in turn was in response to his continued efforts to raise the necessary funding to buy-out his main partners. A brief statement issued by Dennis this afternoon reads as follows: 'I am disappointed that the representatives of TAG and Mumtalakat, the other main shareholders in McLaren, have forced through this decision to place me on...
Full Story »
8y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Dennis claims "spurious grounds" forced him...

McLaren chairman Ron Dennis has been forced to step down from his role and...
8y ago from Motorsport.com

Dennis forced to stand down at McLaren

– Ron Dennis has confirmed that he is to step down as Chairman and...
8y ago from GPUpdate.net

Ron Dennis steps down as McLaren chairman after 35...

Ron Dennis has stepped down as CEO and chairman of the McLaren Group,...
8y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir will ‘go to bed satisfied' after...

Joan Mir admitted that he will "go to bed satisfied" after...
18h ago from MotorsportWeek.c...

WorldSBK champion Toprak Razgatlioglu switches to...

After years of speculation, two-time WorldSBK champion Toprak...

Popular On IndyCarToday.com

Louis Foster gains new sponsor for rest of IndyCar...

Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta keeping his options open as Arsenal...

Arsenal are gearing up their summer recruitment drive by prioritising RB...
48m ago from CaughtOffside.com

Santi still delivering & Sporting lay out...

Good morning everyone! I hope it's as sunny where you are this morning as...
38m ago from Arseblog.com

Revealed: Arsenal, Newcastle & Aston Villa...

Arsenal, Newcastle and Aston Villa are among the clubs believed to be...
1h ago from CaughtOffside.com

Real Madrid Transfer News Roundup: Arsenal want...

Real Madrid are looking ahead to the FIFA Club World Cup, which starts on...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.