The McLaren team has – finally – officially parted ways with its former Team Principal, Martin Whitmarsh.
Whitmarsh was ousted as Team Principal and CEO of McLaren’s Formula 1 team in a bloodless coup at the start of the year, with its chief instigator Ron Dennis reappointed as CEO in a major restructuring process that included the hiring of former Lotus F1 team principal, Eric Boullier.
Dennis has refused to discuss Whitmarsh’s position or future since, with the team making no reference to him in any media releases.
Whitmarsh’s 24-year career with McLaren peaked in 2009 when he was anointed as Dennis’ successor and promoted to the role of Team Principal. However, the time under his leadership was not a success for the team which – among a number of issues – lost title sponsor Vodafone last year, the same season where the team failed to once finish on the podium for the first time since 1980.
“McLaren and Martin Whitmarsh have agreed amicably to part company,” a team spokesperson has subsequently concerned.
Details of the separation settlement and terms have not been disclosed, although sources suggest that a $10 million payout was eventually agreed to.
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