Ron Dennis
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Six months after his ouster as CEO at McLaren Technology Group due to a spat with fellow shareholders, Ron Dennis is now set to leave the company he helped craft over the past four decades. Dennis has agreed to sell his 25 percent stake back to the company, with the value estimated to be $358 million. As part of the transition, the McLaren Technology Group has been renamed the McLaren Group. The other shareholders include Saudi businessman Mansour Ojjeh with another 25 percent through his TAG Group holding company, and the Bahraini government which has the remaining 50 percent. They both...
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In spat with shareholders, Ron Dennis loses head role at McLaren
The rumors that emerged in October suggesting Ron Dennis was about to leave McLaren after 36 years have proven true. The 69-year-old, Chairman, CEO and founder of the McLaren Technology Group, is set to leave the company once his current contract expires at the end of 2016. He has been placed on...
Viknesh Vijayenthiran -
McLaren’s Ron Dennis, Frank Stephenson and Antony Sheriff talk P1: Video
McLaren’s new P1 was undoubtedly the highlight of last week’s Paris Auto Show, its otherworldly design, scintillating expected performance and teasing nature--this is still only a concept--proving unmatched by anything else on show. This being the successor to the legendary McLaren F1...
Viknesh Vijayenthiran -
McLaren F1 Successor Won’t Chase Bugatti Veyron’s Top Speed
Ron Dennis, the boss of McLaren and a man who once described the Bugatti Veyron as “pig ugly” and a “piece of junk,” has revealed some telling details about his next supercar, the long-awaited successor to the legendary McLaren F1. First and foremost, Dennis has stated that...
Viknesh Vijayenthiran -
McLaren Looks Beyond Building Cars
With the company just having launched its first new road car in more than two decades, as well as ambitiously announcing plans for two more models in the coming years, it’s safe to say McLaren has its hands full at the moment. Nevertheless, McLaren sees even more business opportunities on the...
Viknesh Vijayenthiran -
Singapore Billionaire Peter Lim Buys Stake In McLaren
Singapore billionaire Peter Lim has made a "significant" investment in McLaren Automotive and will join their board of directors effective immediately.
Kurt Ernst -
What would have potentially been a very ordinary affair turned out to be quite the opposite, with Formula 1 stars Lewis Hamilton and Jenson Button joining McLaren boss Ron Dennis in London last Monday for the launch of the automaker’s new retail network. The two F1 champs took time to pose for photos and show off their trophies, as well as their own race cars, helping to send home the message that being part of the McLaren family is something a little bit special. The location was the first of McLaren’s new showrooms, situated at One Hyde Park in the upmarket area of...
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McLaren Boss Ron Dennis Gets Six Months Driving Ban
Ron Dennis is certainly no stranger to driving. The former boss of McLaren’s F1 team and now head of its road-going division is certainly one person you would think would not have to worry about not being able to drive. However, 63-year old Dennis will have to be chauffeured around--or...
Viknesh Vijayenthiran -
McLaren F1 Successor Coming In 2012
When the original McLaren F1 first hit the streets back in the early ‘90s it almost immediately catapulted to the top of the performance car scene, taking home the title of world’s fastest production car in 1998 and holding it right up until 2005. Building a car better than the original...
Viknesh Vijayenthiran -
McLaren Celebrates 20th Anniversary Of F1 Supercar
McLaren Automotive, the road car division of the McLaren motorsport group, is on the verge of launching its first all-new model in decades: the MP4-12C. It’s hard to believe that the company’s last model is now more than 20 years old. That’s right, the legendary McLaren F1 supercar has just...
Viknesh Vijayenthiran -
McLaren Boss Hints At MP4-12C Race Car For Privateer Teams
During last week’s launch of McLaren’s new road car division, McLaren Automotive, CEO Ron Dennis revealed plans for several new sports cars but deterred from announcing that any of these would be turned into McLaren-backed race cars nor would they ever be used for a special one-make...
Viknesh Vijayenthiran -
McLaren Future Will Only Be Sports Cars
British motorsports company McLaren yesterday announced the establishment of a brand new sports car company, McLaren Automotive, along with the announcement of its first model, the all-new MP4-12C supercar, which is set to go on sale in the second half of 2011. The MP4-12C will be followed by...
Viknesh Vijayenthiran -
The video features McLaren's Chairman explaining what's going on with the company and the new supercar.