Ron Dennis

Ron Dennis

Ronald "Ron" Dennis CBE (born 1 June 1947) is the executive chairman of McLaren Automotive and McLaren Group, and is also a significant shareholder in both companies. He was also the team principal of McLaren, the group's Formula One team, until 2009.

Since 1981, Dennis had been the team principal of the McLaren Formula One team, and was instrumental in transforming the outfit into a regular world championship contender. Constructors' and drivers' world championships were won with Niki Lauda, Alain Prost, Ayrton Senna, Mika Häkkinen and Lewis Hamilton. Dennis has a "tense" relationship with, and a reported dislike for, former FIA president Max Mosley.

In January 2007, Dennis sold half of his 30 percent shareholding in the McLaren Group to the Bahrain Mumtalakat Holding Company, leaving him with a 15 percent share. In 2009, Dennis, together with co-owners Mansour Ojjeh's TAG Group and the Bahraini Mumtalakat Holding Company, bought back Daimler AG's 40 per cent shareholding in a deal that will be concluded in 2011.

Ron Dennis was placed at number 648 in the Sunday Times Rich List 2006 with a net worth of £90 million, however The Times put his wealth at £200 million in 2009. In the Sunday Times Rich List 2011, Dennis' net worth is estimated to be £177M.