News Details

Whitmarsh set for $10-million McLaren payout

Martin Whitmarsh with Ron Dennis Ousted McLaren team principal Martin Whitmarsh could walk away from the Woking outfit with a $10 million payout. Last month, when Eric Boullier became the British team's new chief in the wake of supremo Ron Dennis' return to power, it was reported Whitmarsh agreed not to speak to the media while his contract payout is negotiated. 'Martin is a friend,' Dennis said in March. 'Some decisions you take in life are not that easy, and I will not elaborate.' Britain's Daily Mail now reports that while Whitmarsh's severance package is still being negotiated, it is 'likely' to be around $10 million. Correspondent Jonathan McEvoy said the figure is more than $400,000...
Full Story »
12y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Canadian GP set to sign eight-year extension

The Canadian Grand Prix is likely to remain on the calendar until 2022 at...
12y ago from TheF1Times.com

Dennis hits back at Horner's stance on Fallows

Christian Horner and Ron Dennis Ron Dennis is keeping the pressure on Red...
12y ago from GrandPrix247.com

McLaren to launch legal action against Red Bull

McLaren have confirmed that they will launch legal action against Red Bull...
12y ago from TheF1Times.com

Whitmarsh set for $10m McLaren payout

Ousted boss Martin Whitmarsh could walk away from McLaren with a $10...
12y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar to limit entries to those holding a charter

The NTT IndyCar Series has confirmed that future races will be limited to...

Pato O'Ward issues damning verdict on ‘Mario...

Pato O'Ward isn't chasing F1 any more after falling out of love with...

Popular On TotalWRC.com

Sebastien Ogier dominates Rally Islas Canarias

Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...

Oliver Solberg crashes out of Rally Islas Canarias

Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...

Popular On GunnersToday.com

Arsenal keeping tabs on Real Madrid attacker as they...

Arsenal are reportedly monitoring Real Madrid forward Endrick as they look...
3h ago from SportsKeeda.com

Arsenal handed big UCL boost as key Atletico Madrid...

Arsenal have been handed a big boost ahead of their UEFA Champions League...
5h ago from SportsKeeda.com

‘He's struggling in the games' – Neville...

Mikel Arteta might be breathing a massive sigh of relief today, but the...
8h ago from CaughtOffside.com

Declan Rice sets target for Arsenal after win over...

Arsenal midfielder Declan Rice has called for his teammates to work hard...
8h 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.