Ron Dennis
British businessman and motorsport executive (born 1947)
Sir Ronald Dennis (born 1 June 1947) is a British businessman and motorsport executive. From 1981 to 2009, Dennis served as team principal, CEO and co-owner of McLaren in Formula One, winning seven World Constructors' Championship titles between 1984 and 1998; he also served as founder, chairman and owner of McLaren Group between 1985 and 2017, where he founded McLaren Automotive in 2010.2
From Wikipedia’s article on Ron Dennis (this version), CC BY-SA 4.0.
Born Jun 1, 1947.1
About
Dennis started his career as a mechanic, before starting successful junior formulae teams Rondel Racing and then Project Four Racing, which took over the management of the McLaren team in 1980. Between 1981 and 2009, Dennis was 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.
Dennis founded McLaren Cars—later known as McLaren Automotive—in 1985, producing flagship supercars such as the F1 (1992), SLR (2003, in collaboration with Mercedes-Benz) and P1 (2013). Aside from McLaren Group, he is also one of six British business persons to be an official British Business Ambassador for advanced engineering and manufacturing. Dennis is also a main trustee for Tommy's, a miscarriage help charity. He is the Global Consultant for the state-owned China Minsheng Investment Group, the chairman for the UK Summit, and also former owner of Absolute Taste. With interests in foreign trade, Dennis also became Chairman of the British East Asian Council in 2014. Before the merger with LVMH, Dennis was a major shareholder in the luxury watch maker TAG Heuer, along with his business partner, Mansour Ojjeh.
From Wikipedia’s article on Ron Dennis, shared under CC BY-SA 4.0.2
Companies
- McLaren Applied TechnologiesFounder14
- McLaren AutomotiveFounder15
- McLaren Technology GroupFounder16
Early life and education
- Date not recordedGuildford College3
Dennis was born and raised in Woking, England, and studied motor vehicle engineering at Guildford Technical College. He began working for the Cooper Formula One team in 1966 as a mechanic at the age of 18 where he worked alongside lead driver Jochen Rindt. In 1968 Rindt moved to Brabham and took Dennis with him. For the 1969 season Rindt moved to Team Lotus; however, Dennis stayed on, choosing instead to work for Sir Jack Brabham.
When Brabham chose retirement in 1971, Dennis and his colleague Neil Trundle decided to start their own team. In 1971, Rondel Racing was founded in Dennis's native Woking. Money was at a premium though and Dennis was trying to find sponsorship. Through Ron's then girlfriend, who was the daughter of John Phelps, director of Phelps Antique Furniture in Twickenham, one of its regular customers Tony Vlassopulos, a barrister son of a Greek shipowner, was asked to sponsor Rondel.
Vlassopulos asked his friend Ken Grob, chairman of Alexander Howden, insurance brokers in London if he was interested in joining in. Grob said yes on the proviso that his young son Ian Grob could be part of the team, which was agreed. From that moment forward, Vlassopulos became Dennis' first sponsor.
By the mid-1970s the team was enjoying considerable success in Formula Two. Rondel aspired to be more than a customer team, however, and Dennis soon managed to find an additional backer to Grob and Vlassopulos in Motul, to help fund a Rondel F1 car. For 1974, a Ray Jessop-designed F1 car was planned but the energy crisis affected Motul's backing. Ultimately Dennis was unable to obtain sufficient funds to support the F1 venture, so Trundle continued with the Jessop-designed car while Vlassopulos and Grob took over ownership of the team, renamed Token Racing.
Dennis regrouped, forming a Marlboro-backed F2 team for two talented and well-sponsored drivers from Ecuador. In 1975 Dennis founded the Project Three team, and his cars once again became race winners. In 1976 Dennis founded Project Four Racing. This team went on to great success in Formula 2 and Formula 3, winning championships in 1979 and 1980 with Philip Morris (Marlboro) backing. Project Four also participated in the build programme for Procar BMW M1 racing cars. As his business interests became increasingly successful and lucrative, Dennis aspired to return to Formula One, hiring talented designer John Barnard to spearhead the design and development of an innovative new F1 car.
Dennis's return to Formula One was well-timed. The recent poor performance of the former world championship-winning McLaren team had prompted Philip Morris executive John Hogan to initiate a takeover of the outfit by Dennis' Project Four. Effectively a reverse takeover, the team was rebranded as McLaren International with Dennis in control. In addition to hiring Barnard to begin work on the team's revolutionary new carbon fibre composite chassis, the MP4/1, Dennis also successfully recruited the Porsche automobile firm to build the cars' engines from 1984-87.
The 'MP4' designation originally stood for Marlboro Project Four (the MP4/1 design was complete before the merger). After the change of title sponsor in 1997, the same abbreviation was retained, with the 'M' now standing for McLaren. The numbering system was retained until 2017 when it was replaced with 'MCL' following Dennis' departure.
From Wikipedia’s article on Ron Dennis (this version), CC BY-SA 4.0.
Career
Occupation: entrepreneur, businessperson.8
- 2014 to 2016Executive director, McLaren7
- 1985 to 2016Président-directeur général, McLaren Technology Group7
- 1980 to 2009Executive director, McLaren7
- Date not recordedFounded McLaren Automotive4
- Date not recordedFounded McLaren Technology Group5
- Date not recordedFounded McLaren Applied Technologies6
Dennis has held shares and founded numerous companies other than his major commitment, McLaren Technology Group. In 1998 he co-founded Absolute Taste. Absolute Taste was acquired by One Event Management in December 2016.
Until 2019, Dennis was a business ambassador for the UK Government, working for The Department of International Trade. Dennis also holds the role as Global Adviser for Chinese investment group, Minsheng Investment.
Mansour Ojjeh and TAG Group purchased luxury watchmaker, Heuer, forming the present TAG Heuer. Ojjeh sold a significant stake in the business to Dennis, and both business partners sold the watchmaker in 1999 to LVMH.
In 2007, Dennis founded a charity, Dreamchasing, which aims to "help young people achieve their aspirations and, through their successes, to become inspirational role models for others". His charity's first operation was a sponsorship programme for families in Ethiopia, which, supporting the Fida International charity, has assisted over 40 families out of poverty, additionally paying education costs to some.
From Wikipedia’s article on Ron Dennis (this version), CC BY-SA 4.0.
Personal life
On 15 February 2008, Dennis announced his separation and later divorce from his wife of 22 years, Lisa, with whom he has three children.
In March 2011, Dennis was banned from driving for six months after accumulation of points.
He is a Conservative Party donor. In the period between 22 April 2005 and 16 June 2011 the Conservative Party accepted £126,200 in donations from Ron Dennis. During the 2015 United Kingdom general election campaign, Dennis was a signatory to a letter to The Daily Telegraph which praised the party's economic policies and claimed that "a change in course will threaten jobs and deter investment".
In May 2019, Dennis ranked 304th on the Sunday Times Rich List with an estimated wealth of £450 million.
From Wikipedia’s article on Ron Dennis (this version), CC BY-SA 4.0.
Awards
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataRon Dennis on Wikidata
- 2WikipediaRon Dennis on Wikipedia
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- 13WikidataRon Dennis: award, on Wikidata
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- 15WikidataMcLaren Automotive, Founder
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