McLaren have rejected a £1.65 billion takeover bid from Chinese investors, Sky sources understand. Sky News City Editor Mark Kleinman reported that long-serving McLaren boss Ron Dennis presented the offer for McLaren from a group of unidentified investors last week, a move which prompted his fellow shareholders to launch a plot to oust him as chief executive.An emergency board meeting was called on Friday night. We are looking at a bitter boardroom battle for control at McLaren, reported Sky Sports News HQs Craig Slater from the Brazilian GP paddock.At the moment there is an extraordinary meeting of that McLaren board taking place in the UK and the aim of the majority shareholders there - the Bahraini sovereign wealth fund and the Saudi businessman Mansour Ojjeh - is to have the group chairman Ron Dennis suspended on gardening leave until his contract runs out in mid-January. Mr Dennis had again tried to buy out those majority shareholders in partnership with a Chinese consortium. However, they do not want to sell and they want Mr Dennis out.No one at McLaren is available for comment.Dennis and Ojjeh each own 25 per cent of the McLaren Technology Group, with Bahrains sovereign wealth fund the remaining 50 per cent.McLarens F1 team are in Brazil preparing for this weekends Grand Prix and are yet to comment on the reports. With Dennis back in the UK, and new chief executive Jost Capito also not present, racing director Eric Boullier is currently the most senior representative on site at Interlagos. Dennis, 69, is the architect of the modern McLaren and during his tenure as team principal, between 1981 and 2009 won 10 Drivers and seven Constructors Championships.After handing over the reins to Martin Whitmarsh following Lewis Hamiltons 2008 title win, Dennis returned as CEO in 2014 and oversaw a management restructure which resulted in the departure of his successor.He has also overseen the successful launch of a sportscar arm and the diversification of McLaren into a wider technology company.However, reports of tension between Dennis and his fellow shareholders have lingered for several years. The Englishman, however, insisted in an interview with Sky F1s Martin Brundle last month he had no intention of retiring yet.Can Nico Rosberg clinch the title at Interlagos? Watch the Brazilian GP live on Sky Sports F1 on Sunday, the race begins at 4pm; Watch the whole race weekend with a NOW TV week pass - £10.99, no contract Also See: Sky News: Dennis in McLaren row The F1 gossip column WATCH: Alonsos Brazil adventures The Brazilian GP on Sky F1 NMD Fake . Amare Stoudemire had 22 points and 10 rebounds, Carmelo Anthony scored 21 and the New York Knicks won their eighth straight game, 93-92 over Philadelphia on Friday night, sending the Sixers to their 23rd straight loss. NMD Online . The Missouri Tigers Defensive End and SEC Defensive player of the year is eligible for the upcoming NFL draft in May. https://www.cheapnmdoutlet.com/. - Pete Rose didnt want it to be about him, not on a day when four new members were elected to baseballs most exclusive club. NMD On Sale . Off-Season Game Plan examines a team facing some challenging times as GM Bryan Murray tries to put together a roster for next season. Perhaps the first challenge facing Murray is that its expected he will be moving out Jason Spezza, a premier point producer who is about to enter the final year of his contract. NMD China . The team let Keaton Ellerby, James Wright and Matt Halischuk become unrestricted free agents after declining to make them qualifying offers. Ellerby, 25, appeared in 51 games for the Jets last season and had two goals and four assists.Miss the Friday action from the two practice sessions at the Chinese Grand Prix? Fear not, as Sky Sports F1s David Croft and Paul di Resta are at hand with a fast-paced video wrap of the opening days highlights - including the tyre dramas of Practice One.Theres also a brake fire for Haas in P2, and even off-track excursions for Nico Rosberg and Lewis Hamilton. We also hear from a number of drivers, including Ferraris pacesetting pair Kimi Raikkonen and Sebastian Vettel.Hit play on the video above to watch the best of the action.Watch the Chinese GP weekend - LIVE ONLY on Sky Sports F1. The race starts at 7am oon Sunday, with build-up underway from 5.dddddddddddd.30am. Or watch without a contract for £6.99 on NOW TV. Every race live in 2016 Sky Sports F1 brings you every race live in 2016. Fast and easy online upgrade - click here. Also See: WATCH: Tyre drama in P1 Ferrari lead the way in Practice Two ' ' '