British newspapers on Wednesday are reporting that Ron Dennis’ long reign at McLaren may be coming to an end.
The Times said the Woking team’s long-time supremo is "fighting to hold onto his job" amid a battle between himself and fellow co-owners Mansour Ojjeh and the Bahrain sovereign wealth fund.
"Ojjeh has aligned himself with the Bahrainis as relationships in the boardroom have turned sour", wrote correspondent Kevin Eason.
Other publications, including the Telegraph newspaper, are reporting similarly, with correspondent Daniel Johnson saying Dennis, 69, has "fallen out badly" with the other McLaren owners.
"In response to your question, Ron Dennis responded by stating categorically that he is not stepping down," a team spokesman said on Wednesday.
But the spokesman also admitted that talks about "potential equity movements and realignments" have taken place.