News Details

Ricciardo and former manager settle $12M commission dispute

Daniel Ricciardo and former advisor Glenn Beavis have reached a settlement in their $12 million dispute over unpaid commissions which was brought to the High Court of London. Last summer, Beavis filed documents in the United Kingdom alleging the nonpayment by Ricciardo of the advisor's 20% commission on the driver's contract with current employer Renault. Beavis claimed he had helped negotiate and secure the Aussie's two-year deal - estimated to be worth a whopping $55 million - during Ricciardo's final season with Red Bull. Renault prepping for fierce Ricciardo/Ocon rivalry in 2020 The two parties have amicably settled their differences for an undisclosed sum according to a statement....
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

When Lauda and Ferrari reached their bitter end

©WRI On this day in 1977, Jody Scheckter won the Canadian Grand Prix but...
5y ago from F1i.com

Watch | Daniel Ricciardo gets the giggles: 'This is...

Daniel Ricciardo is one of the most loved characters in Formula 1 and in...
5y ago from GPBlog.com

Daniel Ricciardo 'won’t give up' on battle with...

Daniel Ricciardo is hoping to come away from the Japanese Grand Prix with...
5y ago from GPBlog.com

Daniel Ricciardo: 'Renault have the resources to join...

Daniel Ricciardo announced last year to make the switch...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Penske purchases Grand Prix Association of Long Beach

Penske Entertainment announced Thursday that it has acquired the Grand...

AJ Foyt technical director Michael Cannon leaves team

Michael Cannon, AJ Foyt Racing’s revered engineer and technical...

Popular On TotalWRC.com

Popular On GunnersToday.com

Exclusive: Dynamic La Liga duo could force Arsenal's...

Mikel Arteta's Arsenal side have slipped off the pace in the Premier...
16m ago from CaughtOffside.com

Arsenal and Liverpool eye £85m release clause in...

Arsenal and Liverpool are believed to be considering a move for West Ham...
11h ago from CaughtOffside.com

Arsenal, Liverpool 'learn £85m valuation' for...

Arsenal and Liverpool reportedly learn what fee it will take to prise...
11h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.