McLaren Group
From Wikipedia, the free encyclopedia
| McLaren Group Limited | |
 |
|
| Type | Private |
|---|---|
| Founded | 1985 |
| Headquarters | Woking, United Kingdom |
| Key people | Ron Dennis (Chairman & CEO) |
| Industry | Motorsport |
| Parent | DaimlerChrysler (40%) |
| Website | www.mclaren.com |
The McLaren Group, based at the McLaren Technology Centre in Woking in the United Kingdom, is a group of companies created by Ron Dennis. The Group is focused around the Team McLaren Mercedes racing team and Formula One constructor, and was originally formed from the team formed by Bruce McLaren in 1963. It includes:
- McLaren Racing, the company behind the Team McLaren Formula One constructor
- McLaren Automotive, the company which has produced small volumes of the McLaren F1 road car and currently, in conjunction with Mercedes-Benz, makes the SLR
- McLaren Electronic Systems, which develops and manufactures automotive control systems and components for motorsports, including systems for Team McLaren
- McLaren Marketing, primarily serving the marketing and media requirements of McLaren Racing
- Absolute Taste, caterer to Team McLaren
- Lydden Circuit, which manages a racetrack of the same name near Dover in Kent.
- McLaren Applied Technologies, which develops commercial applications for the Group's technologies and provides an internal resource for facilities and expertise.
Since 1995, DaimlerChrysler (at the time Daimler-Benz) has supplied British-built Ilmor engines to the McLaren Formula One team under the Mercedes-Benz brand. In January 2000, DaimlerChrysler bought a 40% share of the Group, with Ron Dennis and the Techniques d'Avant Garde Group (owned by Mansour Ojjeh) each owning a 30% share. [1] In August 2006 it was reported that DaimlerChrysler was considering acquiring the 60% held by Dennis and Ojjeh. [2] However on 9 January 2007 it was announced that Bahrain Mumtalakat Holding Company, wholly owned by the kingdom of Bahrain, intended to purchase 15% from both Dennis and Ojjeh. The shareholding will thus be DaimlerChrysler 40%, Bahrain Mumtalakat Holding Company 30%, Ron Dennis 15% and Mansour Ojjeh 15%.[3]
[edit] References
- ^ DaimlerChrysler acquires an interest in TAG McLaren. DaimlerChrysler website. 2 February 2000. Accessed 3 July 2006.
- ^ "Mercedes may raise McLaren stake, no decision yet", Reuters, 2006-08-16. Retrieved on 2006-08-16.
- ^ "Bahrain company buys into McLaren", 2007-01-09. Retrieved on 2007-01-11.
Chrysler Group: Chrysler • Dodge • Jeep
Mercedes Car Group: Global Electric Motorcars (GEM) • Maybach • Mercedes-Benz • Mercedes-AMG • Smart
Commercial Vehicle Brands: Freightliner • Mercedes-Benz • Mitsubishi Fuso Truck and Bus • OriOn • Setra • Sterling Trucks • Thomas Built Buses • Western Star
Participations in: EADS (30.17%) • Mitsubishi Fuso Truck and Bus (85%) • Freightliner • McLaren Group (40%)
Defunct Marques: Barreiros (1959-1978) • Commer (1905-1979) • DeSoto (1928-1961) • Eagle (1988-1998) • Fargo (1920-1972) • Hillman (1907-1976) • Humber (1898-1975) • Imperial (1955-1975, 1981-1983) • Karrier (1908-1977) • Plymouth (1928-2001) • Simca (1934-1977) • Sunbeam (1901-1976) • Singer (1905-1970) • Valiant (1960-1966)
