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Dennis faces fight to retain McLaren role
Ron Dennis, one of the founders of the modern-day McLaren team, faces a fight to retain control of McLaren amidst a boardroom row that could see him ousted at the end of this year. Dennis has been with McLaren for over four decades but recent reports suggest he has fallen out with long-time business partner, Mansour Ojjeh, who owns 25 percent of McLaren. According to the Daily Telegraph, the Brit has tried to raise the money needed to buy out Ojjeh as well as Bahrain's sovereign wealth fund, Mumtalakat, which owns a 50 percent stake. That was behind the recent Apple rumours. However, having failed to bring Apple on board, Dennis could be ousted as CEO when his contract expires at the end...
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8y ago from PlanetF1.com
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