Ecclestone stands up for McLaren boss Dennis
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[October 24, 2016]
By Alan Baldwin
AUSTIN, Texas (Reuters) - Formula One's
commercial supremo Bernie Ecclestone has spoken out in support of
Ron Dennis amid continuing speculation that shareholders are seeking
to replace the McLaren boss.
"If I was going to run a team I’d like to have Ron with me," the
Briton told Reuters at the U.S. Grand Prix, which Dennis attended 50
years on from his first involvement at a race weekend.
"I think he does a good job. Anyone that chucks him out is stupid.
He’s dedicated. I think we ought to try and support him so they
don’t get rid of him," added Ecclestone, who will turn 86 in Mexico
next Sunday.
"It would be a shame to see him go. He’s one of the good old
timers."
Britain's autosport.com website said in an unsourced report last
week that Dennis, 69, would be leaving as McLaren chairman and chief
executive at the end of the year when his contract expired.
A McLaren spokesman said in response that Dennis, who attended his
first Formula One race as a Cooper mechanic in Mexico in 1966, had
stated "categorically" that he is not stepping down.
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"Moreover, he remains contracted as chairman and chief executive
officer of McLaren Technology Group and he retains a 25 percent
shareholding -- exactly equal to that of (Saudi-born business
partner) Mansour Ojjeh."
'INSPIRATIONAL CHAIRMAN'
Mahmood al-Kooheji, CEO of Bahrain's sovereign wealth fund
Mumtalakat, which owns the other 50 percent, told Reuters they had
"great admiration" for Dennis.
"He's a colleague, an inspirational chairman who is behind all the
ideas," he said. "Whatever he decides, we will support his decision.
I hope he continues and I will try to make him stay."
However, former McLaren driver turned television commentator Martin
Brundle said he expected Dennis to leave.
"There seems to have been some friction and there seems to be a
new direction they want to go in," he told Sky Sports television.
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Bernie Ecclestone, Chief Executive of the Formula One Group, speaks
to the media following the qualifying session. REUTERS/Adrees Latif
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"I don't know who they've got in mind and (in) which elements of
McLaren they will make changes, and whether they will restructure.
We'll have to wait and see."
Dennis, who has been involved with McLaren since 1980, stood down as
team boss in 2009 but returned as group chief executive in January
2014.
McLaren changed their name in 2014 to McLaren Technology Group,
incorporating the sportscar company and applied technologies as well
as the F1 team.
Mumtalakat agreed that same year to sell some shares to Dennis but
there has been no confirmation of that happening.
McLaren have not won since 2012 and struggled last year at the start
of a new partnership with Honda. They have improved since and
recorded their fourth double points finish of the season on Sunday.
(Additional reporting by Stanley Carvalho in Abu Dhabi; Editing by
Ian Ransom/Peter Rutherford)
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