McLaren Group

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McLaren Group

The McLaren Group, based at the McLaren Technology Centre

McLaren Technology Centre

The McLaren Technology Centre is the headquarters of the McLaren Group, located on a 500,000 m? site in Woking, United Kingdom. It is a large, roughly semi-circular, glass-walled building, designed by the architect Norman Foster, Baron Foster of Thames Bank and his company, Foster and Partners....
in Woking

Woking

Woking is a large town and civil parish that shares its name with the surrounding Non-metropolitan district, located in the west of Surrey, England....
in the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
, is a group of companies created by Ron Dennis

Ron Dennis

Ron Dennis Order of the British Empire is the chairman, CEO and 15% owner of the McLaren Group. He was also the team principal of McLaren-Mercedes, the group's Formula One team until 2009....
, described by the International Herald Tribune as "a small conglomerate". The Group is focused around the Vodafone McLaren Mercedes

McLaren

McLaren is a Formula One team based in Woking, Surrey, UK. Founded in 1963 by New Zealander Bruce McLaren, McLaren is best known as a Formula One constructor but has also competed in the Indianapolis 500 and CanAm....
racing team and Formula One

Formula One

Formula One, abbreviated to F1, and currently officially referred as the FIA Formula One World Championship is the highest class of auto racing sanctioned by the F?d?ration Internationale de l'Automobile ....
constructor, and was originally formed from the team established by Bruce McLaren

Bruce McLaren

Bruce Leslie McLaren , born in Auckland, New Zealand, New Zealand, was a race-car designer, driver, engineer and inventor.His name lives on in McLaren which has been one of the most successful in Formula One championship history, with McLaren cars and drivers winning a total of 20 world championships....
in 1963.

January 2000 Daimler AG (then DaimlerChrysler AG) exercised an option to buy 40% of the then TAG McLaren Group.

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Encyclopedia

The McLaren Group, based at the McLaren Technology Centre

McLaren Technology Centre

Woking

Woking is a large town and civil parish that shares its name with the surrounding Non-metropolitan district, located in the west of Surrey, England....
in the United Kingdom

United Kingdom

Ron Dennis

McLaren

Formula One

Bruce McLaren

Subsidiaries

McLaren Racing
McLaren

McLaren is a Formula One team based in Woking, Surrey, UK. Founded in 1963 by New Zealander Bruce McLaren, McLaren is best known as a Formula One constructor but has also competed in the Indianapolis 500 and CanAm....
, the company behind the Vodafone McLaren Mercedes Formula One constructor
McLaren Automotive
McLaren Automotive

McLaren Automotive is an England automaker established in 1989 with the object of producing road cars based on Formula One technology. It works closely with the Team McLaren Formula One constructor and is part of the McLaren Group....
, the company which has produced small volumes of the McLaren F1
McLaren F1

The McLaren F1 is a sports car designed and manufactured by Gordon Murray and McLaren Automotive. On March 31, 1998, it set the record for the fastest production car in the world, 240.1 mph , which it held until the introduction of the Bugatti Veyron in 2005....
road car and currently, in conjunction with Mercedes-Benz
Mercedes-Benz

Mercedes-Benz is a German manufacturer of automobiles, buses, coach es, and trucks. It is currently a division of the parent company, Daimler AG , after previously being owned by Daimler-Benz....
, makes the SLR
Mercedes-Benz SLR McLaren

The Mercedes-Benz SLR McLaren is an United Kingdom-Germany sports car jointly developed by Mercedes-Benz and McLaren Automotive, built in Portsmouth and the McLaren Technology Centre in Woking, Surrey, England....
McLaren Electronic Systems
McLaren Electronic Systems

McLaren Electronic Systems is a member of the McLaren Group that controls McLaren, a Formula One racing team and constructor.The company currently supplies the powertrain control system for McLaren's Formula One race car, as well as software, ECUs, sensors and components to the other teams on the Formula One grid....
, 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 and corporate clients.
Lydden Circuit
Lydden Race Circuit

Lydden Hill Race Circuit is the UK's shortest road racing circuit at exactly one mile , based at Wootton, Kent about half-way between Canterbury and Dover in Kent....
, which manages a racetrack of the same name near Dover
Dover

Dover is a town and major ferry port in the county of Kent, in South East England. It faces France across the narrowest part of the English Channel....
in Kent
Kent

Kent is a Counties of England in southeast England, and is one of the home counties. It borders East Sussex, Surrey and Greater London and has a defined boundary with Essex in the middle of the River Thames estuary....
.
McLaren Applied Technologies
McLaren Applied Technologies

McLaren Applied Technologies Limited was formed in 2004 and is the latest company within the McLaren Group.The primary objective of the company is to work within a diverse range of industries and develop commercial applications for technology developed within the McLaren Group....
, which develops commercial applications for the Group's technologies and provides an internal resource for facilities and expertise.

Ownership

On 3 January 2000 Daimler AG (then DaimlerChrysler AG) exercised an option to buy 40% of the then TAG McLaren Group. Since 1995 Daimler has supplied British-built Ilmor

Ilmor

Ilmor, founded by Mario Illien and Paul Morgan in 1984, is a UK independent high-performance autosport engineering company. With manufacturing based in Brixworth, Northamptonshire, and maintenance offices in Plymouth, Michigan, the company supplies engines and consultancy to the IndyCar Series, Formula One, and MotoGP....
engines

Internal combustion engine

The internal combustion engine is an engine in which the combustion of a fuel occurs in a combustion chamber inside and integral to the engine. In an internal combustion engine it is always the expansion of the high temperature and pressure gases that are produced by the combustion which apply force to the movable component of the engine, such as...
to the McLaren Formula One team under the Mercedes-Benz brand. Ron Dennis and the Techniques d'Avant Garde Group

Techniques d'Avant Garde

TAG Group SA is a private holding company based in Luxembourg City, in southern Luxembourg. At the head is Mansour Ojjeh son of the founder of the TAG Group Akram Ojjeh, who was a wealthy Saudi entrepreneur....
(owned by Mansour Ojjeh

Mansour Ojjeh

Mansour Ojjeh is a French Saudi Arabia-born entrepreneur who owns part of Techniques d'Avant Garde, a Luxembourg-based holding company with interests worldwide....
) each retained a 30% share. In November 2003 TAG McLaren Group announced it was to change its name to McLaren Group, and its associated companies would also drop the TAG name.

In August 2006 it was reported that Daimler was considering acquiring the 60% held by Dennis and Ojjeh. However in 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 is thus Daimler 40%, Bahrain Mumtalakat Holding Company 30%, Ron Dennis 15% and Mansour Ojjeh 15%.