McLaren legend Dennis forced to quit

The highly respected Ron Dennis has quit as boss of Formula One outfit McLaren after 35 years at the top due to a shareholders uprising on Tuesday.

The 69-year-old -- who helped guide the likes of James Hunt and Ayrton Senna to the world title -- quit after shareholders demanded at a meeting he step down as chairman and chief executive.

According to reports, Dennis last week presented a $2 billion takeover offer from a Chinese consortium which did not go down well with the shareholders.