There’s been a change in the McLaren Group’s directorship, with long-time shareholder Mansour Ojjeh standing down from his role as director, handing over the reins to his brother Aziz Ojjeh.
Mansour recently underwent a double lung transplant in November, and so has decided to temporarily relinquish his post and hand over to his younger brother.
“Mansour Ojjeh is enjoying a period of rest and recuperation following his recent operation,” a spokesperson for McLaren has confirmed.
“For the time being, therefore, Mansour’s brother, Aziz Ojjeh, has agreed, with Mansour’s full support, to join the McLaren board on a temporary basis until such time as Mansour is fully recovered. Mansour, the Ojjeh family and TAG Holdings have a passionate love for McLaren, for motor racing and for cars in general, and Mansour intends to return to the McLaren board as soon as possible.”
The Ojjeh famil’s shareholding in McLaren will continue to be owned by the family-owned TAG Group, which Ojjeh brought across to McLaren, having spent the previous years as the title sponsor of Williams.
Ojjeh’s switch to McLaren saw TAG financing the development of the Porsche-built engines which took the team to a hat-trick of Drivers’ Championship titles between 1984-6. After this success, he became a major shareholder in the team.
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