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

Nolan Siegel predicts new Arrow McLaren shop will...

Arrow McLaren recently announced details for its new IndyCar race shop,...

How Palou can clinch his fourth IndyCar championship...

Alex Palou is the man of the moment in IndyCar, and currently holds a 121...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Official: Important Arsenal deal confirmed –...

Arsenal's new contract for young attacking midfielder Ethan Nwaneri has...
40m ago from CaughtOffside.com

Nwaneri signs new Arsenal deal

Ethan Nwaneri has signed a new long-term contract with Arsenal.
30m ago from SkySports.com

Al-Nassr open talks to sign Arsenal target as they...

Al-Nassr have reportedly initiated talks to sign Arsenal target Kingsley...
2h ago from SportsKeeda.com

“I don’t think you’d want to lose him” - Alan...

Ex-Arsenal striker Alan Smith has urged manager Mikel Arteta to retain...
6h ago from SportsKeeda.com

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.