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Dennis sells McLaren stake
Ron Dennis has sold his shares in McLaren Technology Group and McLaren Automotive to his fellow shareholders, ending his decades-long ties with the company. Sky sources understand the deal is worth £275m, valuing McLaren £2.4billion - making it one Britain's most valuable private companies. "I am very pleased to have reached agreement with my fellow McLaren shareholders. It represents a fitting end to my time at McLaren, and will enable me to focus on my other interests," Dennis said. "I have always said that my 37 years at Woking should be considered as a chapter in the McLaren book, and I wish McLaren every success as it takes the story forward. "I wish...
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7y ago from SkySports.com
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