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Ron Dennis has officially stepped down as team boss at McLaren after weeks of speculation. Dennis was rumoured to be leaving the team, and this evening it was confirmed that he would be stepping down as team principal.
The Briton became team principal of McLaren in 1981 and oversaw so much success at the team. He stepped down at the end of 2008 but was brought back in at the start of 2014 after the departure of Martin Whitmarsh.
It is understood however, that Dennis will still hold a share in the team, as well as remaining on the McLaren Technology Group and McLaren Automotive Ltd boards.
Speaking about his departure, he said: "I am disappointed that the representatives of TAG and Mumtalakat, the other main shareholders in McLaren, have forced through this decision to place me on gardening leave, despite the strong warnings from the rest of the management team about the potential consequences of their actions on the business.
"The grounds they have stated are entirely spurious; my management style is the same as it has always been and is one that has enabled McLaren to become an automotive and technology group that has won 20 Formula 1 world championships and grown into an £850million a year business.
"Throughout that time I have worked closely with a series of talented colleagues, to whom I will always be extremely grateful, to keep McLaren at the cutting edge of technology."
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Replies (2)
Login to replyKevin
Posts: 5,332
Mumtalakat and TAG should shame themselves for this decision. Dennis is a McLaren Legend, he made the team and the brand to what it is today. His way of running things might be different, but like he says it has brought McLaren lots of succes. This is a dark day for McLaren. I hope it will backfire on the shareholders who made this idiotic decision. Too bad that it was Dennis himself, who put these Arabs in the position to fire him in the first place. Such a shame..
Vet5
Posts: 225
Totally Agree @KEVIN, what an absolute joke!