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Motorracing: McLAREN BOSS BLASTS THE FAT CATS.

Byline: By BYRON YOUNG

RON DENNIS has blasted Grand Prix racing's fat-cat teams for spending too much money.

McLaren's founder lashed out saying they are "so fiscally obese they are beyond the point of diet".

He refused to name names but newcomers Toyota are top of the spending league with former champions Ferrari, who are on the slide despite a staggeringly expensive testing programme. Both spend over pounds 300million a season.

McLaren carry pounds 25m in debt after years of saving to build their pounds 225m space-age factory near Woking.

Dennis said: "Could McLaren be a bit more competitive with pounds 10m or pounds 20m more? Maybe.

"But it is a poor discipline to have an endless stream of money. It does two things. Firstly, it doesn't get the job done. Those who spend big money do not necessarily win races.

"Secondly, it puts you in the situation where you are so fiscally obese that its impossible to slim.

"There are a couple of teams that fall into that category. They are beyond the point of diet and that is unhealthy."
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Title Annotation:Sport
Publication:Sunday Mirror (London, England)
Date:Dec 18, 2005
Words:181
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