Ron Dennis is a happy man right now. Vodafone is safely on board, a significant chunk of equity has been sold to Bahrain, the financial picture is bright - and the new car looks pretty good.
But most of all he's excited about the new McLaren driver line-up.
Perhaps not since he did the impossible and squeezed Ayrton Senna and Alain Prost into the same team has he been so convinced that he's got the best possible combination available - and the fact that he has personally supervised the schooling of one of these drivers gives him extra satisfaction. We've seen teams bring on young drivers before, but nobody has started as early as Ron did with Lewis Hamilton.