Ronald Dennis CBE is the executive chairman of McLaren Automotive, Chairman and Chief Executive Officer of McLaren Group, and is also a significant shareholder in both companies. He was also the team principal of McLaren Racing, the group's Formula One team, until 2009. In January 2014, he removed the position of Team Principal held by Martin Whitmarsh, effectively giving himself back control of the Formula One team.
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.
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 was concluded in 2011. As of January 2014, Mumtalakat hold 50 percent of the Group's shares, with Dennis and Mansour Ojjeh holding 25 percent each.
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