• Jan 10, 2007


Looks like Bahrain is getting into F1 in a big way. Through the nation's wholly owned Mumtalakat Holding Company, the Kingdom of Bahrain is about to buy a 30 and Dennis and TAG will each still have 15%. No changes are expected in the management team.

This is kind of a big deal after rumors had circulated that Mercedes was in talks to buy the other 60% of McLaren. Some see this as another step for Ron Dennis towards retirement, but he insists that his love of F1 has never been stronger. Chief executive Martin Whitmarsh has already started to assume more control over the past few years, but Dennis probably wants to stick around to see the team reclaim the top spot in the manufacturers' championship. And with two-time defending champion Fernando Alonso in the driver's seat next year, he could get his wish.

[Source: Reuters via Drive.com.au]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 2 Comments
      • 8 Years Ago
      maybe they will become more reliable!? (i wish)

      they sure can make a fast car, too bad you can't win a race in 30 laps.
      • 8 Years Ago
      F1 requires deep pocket, and I can't think of too many pockets that are deeper. Should be a nice boost for McLaren. Even though the information is most likely confidential, it'd be interesting to see how much their budget increases this year.