News Details

Magnussen wins multi-million pound legal battle with former manager

Former Haas driver Kevin Magnussen can finally "concentrate on creating a new life" according to father Jan after winning a four-year, multi-million-pound legal battle with his former manager. Denmark's Eastern High Court has ruled Magnussen will not have to pay 20 per cent of his gross income from 2015 to the present day to Dorte Riis Madsen, who has been ordered to pay costs of DKK 540,000 [£65,000]. Article continues under video The judgment, which cannot be appealed against, overturns a prior verdict from the Copenhagen City Court that in 2018 ruled in favour of Madsen The High Court, however, has determined that Madsen does own 20 per cent of a company formed by Magnussen...
Full Story »
4y ago from GPFans.com 0
Share

You May Also Be Interested In...

Tost: Teams would not have been open to cost cap...

AlphaTauri team principal Franz Tost believes that the COVID-19 pandemic...
4y ago from GrandPrix247.com

Kevin Magnussen: ‘This Thing With Hulkenberg Haunts...

Kevin Magnussen attracted his fair share of criticism over the course of...
4y ago from Formula1News.co.uk

Dutch Grand Prix Needs ‘an Audience’ to Happen in...

The Dutch Grand Prix will only go ahead as planned in September if fans...

Report: Cancelled 2020 Australian GP cost government...

According to RaceFans, the cancellation of last year's Australian Grand...
4y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Popular On GunnersToday.com

‘A quick learner’: how Declan Rice went from...

fielder will be part of the conversation for a Ballon d’Or if he...
3h ago from TheGuardian.com

Manchester United and Arsenal step up interest in...

Manchester United and Arsenal have stepped up their pursuit of Belgian...
4h ago from SportsKeeda.com

Years after snubbing transfer to Liverpool and...

German footballer Julian Draxler has opened up on his failed move to...
4h ago from SportsKeeda.com

Sources: Man United & Arsenal enter race for...

Genk’s teenage sensation Konstantinos Karetsas has rapidly emerged as...
6h ago from CaughtOffside.com

Comments

Hottest News

The Big 2025 RacingNews365 F1 Quiz of the Year

Test your knowledge about the 2025 Formula 1... Read More »
1h ago from RacingNews365.com

What was the best F1 grand prix of 2025?

It was a memorable 2025 of grand prix racing but... Read More »
41m ago from RacingNews365.com

F1 Christmas True or False - Play along with Max Verstappen

Here at GPFans, we're trying to spread a bit of... Read More »
51m ago from GPFans.com

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.