Mansour Ojjeh

Entrepreneur

Birthday June 24, 1952

Birth Sign Cancer

Birthplace Saudi Arabia

DEATH DATE 2021-6-6, Geneva, Switzerland (68 years old)

Nationality Saudi Arabia

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1952

Mansour Akram Ojjeh (25 September 1952 – 6 June 2021) (مَنْصُور أَكْرَم عُجَّة) was a French Saudi Arabian-born entrepreneur who owned a part of TAG, a Luxembourg-based holding company with interests worldwide.

Ojjeh was born in 1952 and was the son of the Saudi naturalized Syrian businessman Akram Ojjeh, son-in-law to Mustafa Tlass and the owner of Techniques d'Avant Garde based in Luxembourg, an investment company that was focused mainly in advanced technologies.

His father was an intermediary in deals between Saudi Arabia and France, particularly arms sales.

His mother was French and he spent much of his childhood in France.

1970

Ojjeh was the CEO of TAG, which owns 14.32% of the McLaren Group, whose assets include McLaren Automotive and the McLaren Formula One team since the 1970s and 2000s.

He was at one time the owner of TAG Heuer and Farnborough Airport.

He also owned 10% of the upmarket jewellers Asprey and Garrard.

1974

He attended American School in Paris, and graduated in 1974 with a degree in Business Administration from Menlo College in California.

Ojjeh gained his master's degree later at Santa Clara University.

He had four siblings.

After graduating from college.

Ojjeh was named CEO of the company founded by his father, TAG Group, which largely operates in Europe and the Middle East.

The company originally invested in numerous sectors such as motor racing, aviation and watchmaking.

The firm became famous for brokering deals between France and Saudi Arabia, especially with regards to defense systems and weapons.

1978

Ojjeh's interest with motorsport began when he watched the 1978 Monaco Grand Prix as a guest of the Saudi Arabian royal family, which owned flag-carrier Saudia, a sponsor of Williams Racing.

Ojjeh's company at the time had brokered numerous deals between France and his native Saudi Arabia.

The race turned Ojjeh into a big racing fanatic and convinced him to expand his business further in motorsport investment starting from the sponsorship to funding the racing engine development for the F1 team later at some point.

At the first attempt to enter motorsport, Ojjeh brokered a sponsorship deal between his company TAG Group and Williams.

1979

In 1979, TAG Group successfully secured the position as principal sponsor for Williams.

He became the company's familiar representative in the paddock, along with his younger brother Aziz.

With the influx of capital invested by Ojjeh's TAG Group, Williams team Engineering Director at the time Patrick Head was able to build a competitive engine for Williams FW07.

The engine project was successful and the team secured victory in 1979 British Grand Prix with Swiss driver Clay Regazzoni.

1980

Under Ojjeh's sponsorship, Williams produced two champions, Australian driver Alan Jones who was the first driver to win the World Driver Championship title for Williams in 1980, and Finnish driver Keke Rosberg who won in 1982.

During the 1980s, Ojjeh invested in Porsche-built turbocharged engines which carried the name of his company, Techniques d'Avant Garde (TAG).

1981

In 1981, Ojjeh met British businessman Ron Dennis, who was the CEO of McLaren Group which owned the McLaren racing team.

Dennis persuaded Ojjeh to become his partner to manage McLaren racing team.

Ojjeh agreed with Dennis terms and become the majority stakeholder for McLaren Group, owning 60 percent of the stake in the company.

1982

During Ojjeh early career in McLaren, him and Ron Dennis has brought back the then-retired Formula One champion Niki Lauda to the grid as McLaren driver in 1982.

1983

It was unveiled at the Geneva Motor Show in early 1983 and raced for the first time at the 1983 Dutch Grand Prix in August 1983.

1984

In 1984, the McLaren-Tag Porsche dominated F1, the team winning 12 of 16 races and Lauda beating team-mate Prost to the title by the smallest margin in the sport’s history, half a point.

McLaren dominated the sport in that era.

In 1984 season, Lauda won his third championship with his team-mate Alain Prost scoring half points behind him and team won the constructors' championship two years streak.

1985

in 1985, Ojjeh bought Heuer, a watchmaker based in Switzerland, which marks the beginning of TAG Heuer watch brand.

Ojjeh's company, TAG Gruppe, was the largest single shareholder of TAG Heuer.

Prost would later claim his first championship title the next year 1985 season and won his second during the 1986 season despite the team only finishing 2nd in constructors' championship.

1987

The TAG engine usage came to an end in 1987 due to the powertrain losing its competitive values and McLaren signing a deal with Honda as its new engine suppliers.

Ojjeh's involvement at McLaren continued past the end of the use of TAG-badged powertrains.

1991

He assumed the presidency of the company after the death of his father, Akram Ojjeh, in 1991.

1999

LVMH Moёt Hennessy Louis Vuitton bought the brand in 1999 for $740 million.

During the early days of his tenure as the CEO of TAG Group, Ojjeh has tried to avoid publicity as much as he could but hit the headlines when he purchased the liner Le France.