Along with the ex aerospace boss Whitmarsh, I can see McLaren becoming even greyer and corporate than they used to be.
Could be the start of a long decline...
Toyota proved in past years that F1 teams still need to be a racing unit to win, not a fancy portfolio of shares and an impressive CV. Lapthorne was last seen paying himself huge bonuses in the City and were investigated at Cable & Wireless by a judge! Maybe they hired him because he'd be good in court? http://business.time...icle1896059.ece
Originally posted in The Times by Jeannie Drake, deputy general-secretary of the Communication Workers Union Is there no limit to Mr Lapthorne’s cheek and to shareholders gullibility? Last year they agreed to a huge reward system for top executives to deliver a programme they had failed to deliver the previous year. Now they’ve got to pay Mr Lapthorne an additional £10 million to do his job enthusiastically I should think the morale of the actual workforce must be in freefall.