News Details
'Dennis in battle over £1.6bn takeover bid'
– Ron Dennis has failed in a High Court attempt to keep his position at McLaren, in the wake of a £1.6 billion takeover bid from a Chinese consortium, according to a report.Sky News has reported that unidentified Chinese investors tabled the bid for the McLaren Group – the parent company of the Formula 1 team – last week, which Dennis presented.However, Dennis' move has seemingly prompted fellow shareholders "to launch a plot to oust him" as Chief Executive Officer, a position he was re-appointed to in early 2014.Dennis is said to have been in the High Court on Thursday and Friday in an attempt to secure an injunction against directors suspending him and placing him on...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Chinese investors bid $2.08 billion McLaren takeover...
Chinese investors bid $2.08 billion McLaren takeover deal An unnamed...
9y ago from ThisIsF1.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
Dennis fighting for future
McLaren have rejected a £1.65 billion takeover bid from Chinese...
9y ago from SkySports.com
Dennis to be placed on gardening leave – report
Ron Dennis could lose his position as McLaren's chairman and CEO as early...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
LCR Honda reveals split liveries for 2026 MotoGP season
No description available...
15m ago from Motorsport.com
Honda tops MotoGP’s Sepang Shakedown as Aleix...
No description available...
23h ago from Motorsport.com
Gresini Ducati launches 2026 MotoGP livery
Gresini Ducati has unveiled its 2026 MotoGP livery at its official team...
21h ago from MotorsportWeek.c...
How Alex Marquez overcame MotoGP doubts to finish...
Alex Marquez has revealed he previously questioned his ability to compete...
20h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Will Power: Andretti “will be the best team in the...
No description available...
20h ago from Motorsport.com
Donald Trump signs executive order confirming IndyCar...
No description available...
1d ago from Motorsport.com
Cindric returns to Team Penske for 2026 as...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
2d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
3d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
5d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Paul Merson makes bold PL title claim about Arsenal...
Former Arsenal forward Paul Merson reckons the Gunners' 4-0 Premier League...
35m ago from SportsKeeda.com
Leeds 0-4 Arsenal: That's more like it
Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com
'Every game is a Cup final'- Declan Rice sends title...
Arsenal midfielder Declan Rice has issued a rallying cry to his teammates...
2h ago from SportsKeeda.com
Leeds boss makes 'best in Europe' claim about Arsenal...
Leeds United boss Daniel Farke lauded Arsenal's performance against his...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 be warned, Adrian Newey's first Aston Martin car is on...
An Aston Martin F1 team member has described... Read More »
1h ago from GPFans.com
Christian Horner confirms F1 comeback is on as axed Red...
The Christian Horner F1 comeback will happen - it... Read More »
35m ago from GPFans.com
Red Bull 2026 concern revealed as F1 team tipped for power...
Red Bull F1 team may face a different struggle... Read More »
2h ago from GPFans.com
