McLaren mourns the death of co-owner Ojjeh

Bahrain’s Mumtalakat holding company is the majority shareholder in McLaren Group, with a 56% stake while Ojjeh's holding was 14%

  
The McLaren logo is seen on the McLaren 765LT at its launch at the McLaren headquarters in Woking, Britain, March 3, 2020. Image used for illustrative purpose.

The McLaren logo is seen on the McLaren 765LT at its launch at the McLaren headquarters in Woking, Britain, March 3, 2020. Image used for illustrative purpose.

REUTERS/Peter Nicholls

LONDON- McLaren co-owner Mansour Ojjeh has died at the age of 68, the Formula One team said on Sunday.

Saudi-born businessman Ojjeh had been a shareholder in the Woking-based former champions since 1984, working with then-principal Ron Dennis. McLaren said he had died in Geneva.

Bahrain’s Mumtalakat holding company is the majority shareholder in McLaren Group, with a 56% stake while Ojjeh's holding was 14%.

"Mansour has been etched into the heart and soul of this team for nearly 40 years and was intrinsic to its success. He was a true racer in every sense," said McLaren Racing chief executive Zak Brown.

(Reporting by Alan Baldwin, editing by Clare Fallon) ((alan.baldwin@thomsonreuters.com; +442075427933))


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