News Details
McLaren denies Dennis demoted by Bahraini owners
26 April, 2013 Ron Dennis with Martin Whitmarsh
McLaren on Friday played down media reports that Ron Dennis has been demoted by the team's Bahraini co-owners.
Auto Motor und Sport had reported the McLaren ‘supremo' was stripped of his voting rights, and is now only a non-executive member of the board.
The report said McLaren shareholder Mumtalakat Holding, the Bahraini investment company, is angry because Dennis' pet project, McLaren Automotive, is losing millions.
But a McLaren spokesperson on Friday told the BBC that Dennis' change of role was decided by himself.
The spokesman did, however, admit that group chairman Dennis is now a non-executive board member.
Dennis is quoted as...
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12y ago from YallaF1.com
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