LONDON - Ron Dennis confirmed on Tuesday he has quit as boss of Formula One outfit McLaren after 35 years following pressure from shareholders. A statement from Dennis said he had "been required to relinquish his duties as chairman and chief executive of McLaren Technology Group (MTG)". Dennis dismissed complaints about his management style given he helped McLaren enjoy such success on the track although in recent years they have trailed their main rivals such as Mercedes and Red Bull. 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. "Ultimately it has become clear to me through this process that neither TAG nor Mumtalakat share my vision for McLaren and its true growth potential."
Source: Bangkok Post November 15, 2016 18:45 UTC