Formula One commercial rights holder Bernie Ecclestone told reporters at the Brazilian Grand Prix that McLaren Chairman and CEO Ron Dennis has lost his High Court challenge to stop the McLaren board from placing the 69 year old on gardening leave until his contract expires in mid January.
Dennis has been in a power struggle over control of the McLaren Technology Group which oversees the McLaren Formula One team. The Englishman failed earlier this week with a bid from Chinese investors to take control of McLaren of which he is a 25 percent owner.
Dennis who is not in Brazil this weekend has been the instrumental force behind McLaren’s success during the 1980’s and late 90’s brought the company into the road car market which has proven to be extremely successful.
However Paddock Eye understands that Mansoor Ojieh, who, along with Dennis owns 25% of the company has fallen out with Dennis and stands with the board members in wanting Mr Dennis’ removal from the company.
The senior members of the team stayed in the UK for the emergency board meeting on Friday with team racing director Eric Boullier the most senior team member in Brazil this weekend.