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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

The 2016 Spanish Grand Prix flipped all the scripts

The Monaco Formula 1 Grand Prix circuit and the Hungaroring fly the flag for processional races, yet Spain's Circuit de Catalunya is arguably as bad. Before this weekend, the pole-sitter won the race 19 times out of the last 25 years. The front row of the grid produced 23 winners in the past 25 years. The racing gods edited that script this year, when a first-lap crash and two mid-race strategy changes kept things open until the end of the 66-lap race. It started when Mercedes-AMG Petronas teammates Nico Rosberg and Lewis Hamilton took each other out on Lap 1. After Rosberg passed pole-sitter Hamilton into Turn 1, Rosberg's car slowed through Turn 3, somehow in the wrong mode. Hamilton closed in on Rosberg so quickly that once the Brit ducked inside for the pass, he couldn't back out. Rosberg, however, closed the door so suddenly that Hamilton had no choice but to drive onto the grass. When Hamilton spun, he collected Rosberg and both Mercedes' ended up in the gravel trap. The stewards deemed it a racing incident. The crash put Red Bull teammates Daniel Ricciardo and Max Verstappen in the lead, followed by Toro Rosso driver Carlos Sainz and the Ferrari duo of Sebastian Vettel and Kimi Raikkonen. Both Ferraris cleared Sainz by Lap 10, leaving 56 laps for them to haul in the Red Bulls. Ferrari loosely followed Red Bull's pit strategies. Ricciardo pitted on Laps 11 and 28, Vettel pitted on Laps 15 and 37. Verstappen pitted on Laps 12 and 35, Raikkonen pitted on Laps 13 and 36. Pirelli predicted a three-stop race as the fastest and that the medium tire could only go about 23 laps. Verstappen and Raikkonen didn't get those memos. So while Ricciardo and Vettel came in for third stops the Dutchman and the Finn stayed out, with Verstappen ahead of Raikkonen at the front of the race as of Lap 43. That's when Verstappen – 18 years and 227 days old – proved how good a driver he is, lapping perfectly as second-place Raikkonen closed the gap to a little more than half a second. The Finn still couldn't get past the Dutchman down the pit straight even with the help of DRS, nor under braking at the only real passing opportunity into Turn 1. At the end of Lap 66 Verstappen crossed the line ahead of Raikkonen, a victorious end to Verstappen's first race weekend after being promoted to Red Bull. Further back, Vettel and Ricciardo fought for scraps, the German staying ahead to finish third.

Best of 2016 | The List

The List hosts Jessi and Patrick spent all of 2016 checking awesome adventures off their automotive bucket list, from escaping a car dangling off a cliff, to taking part in The Great Race road rally. In total, our hosts checked 12 challenges off Autoblog's list of "1,001 car things to do before you die," taking them on travels across the United States and the United Kingdom. Check out some highlights from the season as our hosts drive everything from the super modern to the refreshingly classic, and even take their lives into their own hands all for the sake of completing the ultimate car enthusiast's bucket list. As we look ahead to 2017, be sure to send us your automotive bucket list items. Who knows, maybe your submission will inspire Jessi and Patrick's next escapade. Click here to find more episodes of The List Click here to learn more about our hosts, Jessi and Patrick Aston Martin Bentley Land Rover McLaren The List Videos