Current McLaren F1 team Principal Martin Whitmarsh’s future under threat, on Thursday with the announcement that his precursor Ron Dennis was replacing him as CEO. Whitmarsh was previously the Squad’s CEO as well as team principal.
The vital things of the modification, last season the Woking-based outfit failed to record a single podium finish for the first time since 1980. Also the change will affect Whitmarsh’s future at the team.
Thursday the McLaren said in a statement that Dennis, Whitmarsh’s predecessor in running the F1 team, would be taking on the role of CEO of McLaren Group as well as remaining as Group chairman and head of the McLaren Automotive sportscar division.
Ron Dennis was step-down as McLaren’s team principal on 2009, and he replaced by Martin Whitmarsh.
“My fellow shareholders have mandated me to write an exciting new chapter in the story of McLaren, beginning by improving our on-track and off-track performance,” said Dennis after his expanded role was announced.
“Over the coming weeks I intend to undertake a thorough and objective review of each of our businesses with the intention of optimising every aspect of our existing operations, whilst identifying new areas of growth that capitalise on our technologies, and where appropriate further investing in them.
“During February, I will articulate a new Group strategy and implement the organisational structure best suited to achieving it. I am excited by the prospect of returning to the role of Group Chief Executive Officer and working with my many colleagues and fellow shareholders to fulfil our objective – which is to win at whatever we do.”