McLaren legend Dennis forced to quit

2016-11-15 20:12
Ron Dennis (Gallo Images)

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London - The highly respected Ron Dennis has quit as boss of Formula One outfit McLaren after 35 years at the top due to a shareholders uprising on Tuesday.

The 69-year-old -- who helped guide the likes of James Hunt and Ayrton Senna to the world title -- quit after shareholders demanded at a meeting he step down as chairman and chief executive.

According to reports, Dennis last week presented a $2 billion takeover offer from a Chinese consortium which did not go down well with the shareholders.

Dennis had applied to the High Court in London last Friday for an injunction to prevent the boardroom shake-up but lost and had been on gardening leave.

Read more on:    mclaren  |  ron dennis  |  f1

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