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Dennis could walk away from McLaren with 13 historic cars

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Dennis could walk away from McLaren with 13 historic cars
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Jul 27, 2017, 11:42 AM

Ron Dennis could walk away from McLaren with a collection of the team's most valuable historic cars, but only if the company fails to pay him what it still owes him for his shares.

Ron Dennis, McLaren Executive Chairman on the grid
Ron Dennis McLaren F1 cars agreement
Ron Dennis, McLaren Executive Chairman with Tetsuya Shoji, Chief Executive Officer and President of NTT Communications Corporation
Dennis McLaren Lamborghini test car agreement
Ayrton Senna, McLaren MP4/8
Ron Dennis, McLaren Executive Chairman on the grid with Tim Peake, Astronaut (Centre) on the grid

Official documents show that the cars are security in relation to a deferred payment of £37.5m, which Dennis is due to receive in respect of the agreement made with the remaining shareholders on June 7.

The fact that the cars were pulled into the deal gives a fascinating insight into how the negotiations unfolded.

However, in reality there is no reason to expect that the payment won't be made on time.

Zak Brown confirmed at the British GP that the funding required to buy Dennis out has been raised, noting that "it's done."

The list of 13 cars represents the cream of the McLaren collection, with examples of each of its most famous models.

The oldest is MP4-1, the very first carbon fibre car built for the 1981 season after Dennis's Project 4 outfit was merged with McLaren.

Cars described as the actual "World Championship winners" include those of Niki Lauda (1984), Alain Prost (1989), Ayrton Senna (1990 and 1991), Mika Hakkinen (1998 and 1999) and Lewis Hamilton (2008).

In addition, there are examples described as race-winning cars from championship years, from 1985, 1986 and 1988 – with the last being the MP4/4-1 from the team's most successful season.

Also on the list are Ayrton Senna's last race-winning MP4/8 from the 1993 Australian GP, and the unique Lamborghini-powered MP4/8 test car that the Brazilian drove before Dennis decided not to use the Chrysler-backed engine.

Most of the cars are currently located at the McLaren Technology Centre, although two are in storage at McLaren's old Woking base, while the Lamborghini test car is currently on loan to the Italian company's museum, and is due back in the UK in November.

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Series Formula 1
Teams McLaren Shop Now
Author Adam Cooper