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 »
9y 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...
9y ago from GrandPrixTimes.com
Dennis fighting for future
McLaren have rejected a £1.65 billion takeover bid from Chinese...
9y ago from SkySports.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
Chinese investors bid $2.08 billion McLaren takeover...
Chinese investors bid $2.08 billion McLaren takeover deal An unnamed...
9y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
How Marco Bezzecchi dominated the Brazilian MotoGP to...
New MotoGP championship leader Marco Bezzecchi overcame a "really...
41m ago from MotorsportWeek.c...
Winners and losers from MotoGP’s returning Brazilian...
No description available...
2h ago from Motorsport.com
MotoGP Brazilian GP: Marco Bezzecchi leads Jorge...
No description available...
17h ago from Motorsport.com
Marco Bezzecchi and Jorge Martin dominate as Aprilia...
Marco Bezzecchi dominated the Brazilian MotoGP Grand Prix to secure...
17h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
1d ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
5d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
5d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
2d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Wayne Rooney explains why Arsenal boss Arteta deserves...
Manchester United legend Wayne Rooney believes Arsenal manager Mikel...
2h ago from SportsKeeda.com
Man United draw up defensive shortlist with Arsenal...
Manchester United are stepping up their search for a reliable left-back...
2h ago from CaughtOffside.com
Micah Richards pinpoints Arsenal decision he considers...
Manchester City icon Micah Richards has suggested that Mikel Arteta's...
2h ago from SportsKeeda.com
Arsenal performance raises questions so what now?
The expressions on the faces of the Arsenal players as they trudged up the...
51m ago from SkySports.com
Comments
Hottest News
BMW make decision on F1 return
BMW have announced their verdict on a potential... Read More »
51m ago from GPFans.com
Ralf Schumacher hits out at Franco Colapinto fans after...
Death threats were issued to Esteban Ocon after... Read More »
41m ago from RacingNews365.com
Audi F1 project thrown into chaos after just two races
The Audi Formula 1 project has been thrown into... Read More »
3h ago from GPFans.com
