F1 Ron Dennis Sells half his McLaren share to a Bahrain Holdings company

[Gene]

Looks like the long awaited Mercedes Buyout of McLaren isn't going to happen anytime soon:

http://formula-1.updatesport.com/ne...1business/Bahrain-buys-into-McLaren/view.html

 

[PanterroR]

Damn! You beat me for few seconds!

Thanks, Gene!

 

[Gene]

Damn! You beat me for few seconds!

Thanks, Gene!

Haha, as long as the news get posted . Seems there is speculation from other Formula 1 message boards, that it was done behind Mercedes Benz's back, since they had already expressed interest in buying out McLaren completely.

Might cause a stir in the future of McLaren. If it was indeed done behind Mercedes Benz's back, they won't be very happy, might pull out of McLaren, and invest in another team/Create their own team? Although unlikely, since they still own a 40% share of the company.

 

[C.Charles]

Wow, fair bit of cash in those deals.


edit:Oh, and happy birthday Gene!

 

[PanterroR]

Haha, as long as the news get posted . Seems there is speculation from other Formula 1 message boards, that it was done behind Mercedes Benz's back, since they had already expressed interest in buying out McLaren completely.

Might cause a stir in the future of McLaren. If it was indeed done behind Mercedes Benz's back, they won't be very happy, might pull out of McLaren, and invest in another team/Create their own team? Although unlikely, since they still own a 40% share of the company.

Oh $h!t! MB could be really pissed off because of that if true...

And yes, happy b-day, Gene! Hope it's a good one, mate!