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Ron Dennis vacates McLaren F1's CEO position after 35 years

McLaren's Ron Dennis, one of the biggest names in F1 history, is stepping down from his CEO position after 35 years. Dennis was told on Tuesday he must give up his position as McLaren's chairman and chief executive, reports the BBC. Dennis, who holds a 25-percent stake in McLaren, attempted to contest the shareholders' decision to put him on so-called "gardening leave" redundancy. Reports say McLaren's other owners, TAG Group CEO Mansour Ojjeh and the Bahrain-based investment fund Mumtalakat, ousted him due to being at odds with Dennis' management style. Ojjeh holds another 25-percent stake in McLaren, and Mumtalakat holds the remaining 50 percent. According to Dennis, the rest of the management team warned Ojjeh about the possible consequences of removing him from McLaren. As Dennis says, "My management style is the same as it has always been and is one that has enabled McLaren to become an automotive and technology group that has won 20 Formula 1 World Championships and grown into an GBP850m-a-year business." Due to differences in vision regarding McLaren's future, there was no other option for Dennis than to leave the company. Dennis will still retain his 25-percent stake in the company and remain on the boards of both McLaren Technology Group and McLaren Automotive. Dennis states he plans to launch a new technology investment fund as soon as his contractual commitments expire; he also pledges to "use his McLaren board seat to protect the interest of the business and its 3,500 employees." McLaren has failed to win a F1 title after Lewis Hamilton's drivers' championship eight years ago and the latest constructors' title was won in 1998, 18 years ago.Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: BBC SportImage Credit: Mark Thompson via Getty Images Hirings/Firings/Layoffs Motorsports McLaren

2016 Singapore Grand Prix Race Recap | Setting the stage for the final rounds

The Singapore Grand Prix always features a safety car. This year the nation-state got caution out of the way early: seconds after the lights went out, Toro Rosso's Carlos Sainz collided with Force India's Nico Hulkenberg, sending Hulk into the wall minus a wheel and some bodywork. The safety car led the field for three laps, then ducked into the pits so abruptly that a track marshal was still retrieving debris as race leader Nico Rosberg hit the throttle down the front straight. Rosberg avoided the pedestrian on his way to a two-second lead over Daniel Ricciardo in the Red Bull, Lewis Hamilton in the second Mercedes-AMG Petronas, and Ferrari driver Kimi Raikkonen. On Lap 8 of the 61-lap race Mercedes engineers warned Rosberg and Hamilton about brake management. Rosberg had no trouble until the waning laps of the race, his teammate inadvertently the cause. Raikkonen got ahead of Hamilton on Lap 33 while Hamilton nursed his car. Trying to get Hamilton back in front of the Ferrari, Mercedes pitted Hamilton on Lap 46 and also ordered him to turn his engine up. Ferrari debated for a lap about whether to bring Raikkonen in, finally issuing a last-second order to pit. The Finn emerged behind Hamilton, but executing the trick to get Hamilton back into third gave Ricciardo breathing room in second place. Red Bull brought Ricciardo in on Lap 48 for a set of super soft Pirellis. Returning to the track 25 seconds behind Rosberg, Ricciardo cut from one to four seconds out of that gap on every lap. By Lap 59 the Aussie was little more than a second behind the German. Had the race gone three more laps, Ricciardo might have pulled off the upset. This time Rosberg stayed in front to win his third race in a row and his first victory in Singapore, all in his 200th grand prix. Ricciardo and Hamilton completed the podium; Raikkonen claimed fourth. Sebastian Vettel wrangled an incredible fifth place after starting last; the German set the worst time on the grid when his suspension broke in Q1. Max Verstappen, having lost places at the start due to wheelspin again, recovered for sixth. Fernando Alonso made the most of his McLaren with seventh, ahead of Sergio Perez in the lone remaining Force India, a resurgent Daniil Kvyat in the Toro Rosso, and Kevin Magnussen scoring Renault's second points finish of the season. Hamilton has not had a good time of it since the end of the summer break – engine troubles in Belgium, a botched start in Italy, and zero rhythm in Singapore.

Oregonians use supercar collection to make sick children smile

Portland, Oregon couple Eric Peterson and his wife Amity own ten exotic cars and, said Amity, they "didn't want the cars to sit." Instead of the random track day or regular trips to Cars 'n' Coffee, they started a project called Dream Drives for Kids, which brings ill youngsters to the Peterson garage and takes them for a ride in the car of their choice. The couple aims to take a new kid for a ride every week. Portland's KGW news covered the project while a four-year-old named Gideon, who has a rare childhood melanoma, stopped by for a jaunt in a McLaren MP4-12C. And Gideon's a champ in his own right: the kid likes cars so much he would take Hot Wheels to other sick children in the ward, and he gave the Petersons a box of Hot Wheels gift sets to give to other children when they come for rides. You can watch the heartwarming segment in the video above. News Source: Eric Peterson via YouTube, Motor Authority McLaren Coupe Luxury Performance charity portland