Who are the key players in McLaren F1?
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RIP Mansour Ojjeh: Who are the key players in McLaren F1? People react to Mansour Ojjeh’s death. This is him.
Former Formula 1 champion McLaren has announced the passing of shareholder and key team figure Mansour Ojjeh. But who are Woking’s long-term investors?
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The 68-year-old, born in Paris in 1952 to a French mother, Syrian and Saudi father, is the CEO of TAG Group.
McLaren Zach Brown pays tribute to ‘competitive, determined, passionate’ Oger as he offers family condolences
F1 interest and investment
His interest in motorsport was sparked by his participation in the Monaco Grand Prix in 1978 as a guest of the Saudi royal family.
Ojjeh first got involved in Formula 1 in 1979 when the TAG Group sponsored Williams. He was later lured to McLaren in 1984 by Ron Dennis.
Ojjeh will stay in close contact with Dennis throughout his involvement in Formula One. He will eventually buy some of Dennis’ stake after his controversial exit from McLaren.
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The TAG Group, which owns a little more than 14% of McLaren’s parent company, has been an important figure in the team’s expansion.
Ojjeh was replaced on McLaren’s board by his son Sultan a few years ago.
Still, he is a very important part of the McLaren team.
Personal wealth and business interests: Mansour Ojjeh’s net worth revealed
Mansour Ojjeh’s net worth is report $3 billion. He is the CEO of the TAG Group, founded by his late father in 1977.
TAG owns a 14% stake in McLaren, the second-largest stake after Bahrain-based Mumtalakat Holdings.
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In addition to Formula 1, Ojjeh’s interests include aviation development, TAG Aviation, and a focus on agriculture, real estate and hospitality.
What was the cause of Mansour Ojjeh’s death?Exposure to family and health problems
Ojie is married Kathy Mansour Oger and has several children, including his son, sultan and daughter Sarah.
In 2013, after battling IPF lung disease for four years, he underwent a double lung transplant. He has kept a low profile since returning to health.
So far, no details have been provided on the cause of Mansour Ojjeh’s death.
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James has been with Not The Old Firm since the beginning and will take over as editor-in-chief in 2021. In addition to NTOF, James has contributed to HITC, Homeless News, Daily Record, SB Nation, Shoot! Magazine and Youth Football Scotland. He can be found on Twitter @jamesblack1986 and has a strong interest in MLS (Chicago Fire) and Formula 1 in addition to Scottish football.
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