News Details
Williams win $35m legal case against former title sponsor
Article To news overview © Williams Williams have won $35.7 million in arbitration after the team's former title sponsor, ROKiT, pulled out of a pair of multi-year sponsorship deals. Williams and ROKiT joined forces ahead of the 2019 season on an initial three-year contract, which was soon extended by a further two years – meaning the partnership should have lasted until at least the end of 2023. But prior to the 2020 season, which was delayed by the COVID-19 pandemic, ROKiT reneged on the deals and left Williams without a title sponsor. As per a report by Law360.com, ROKiT had agreed to pay varying instalments at prescribed times. Arbitrator Klaus Reichert SC found that while ROKiT...
Full Story »
Full Story »
2y ago from RacingNews365.com
0
You May Also Be Interested In...
Red Bull takes legal action to delay Fallows move to...
Red Bull Racing has taken legal action against its former head of...
2y ago from F1i.com
Williams wins $35m lawsuit against former title...
The Williams Formula 1 team has won $35.7 million in arbitration after...
2y ago from MotorsportWeek.com
Red Bull in court after all: legal battle with head of...
There was no lawsuit filed by Mercedes to challenge Max Verstappen 's...
2y ago from GPBlog.com
Williams win $35m case against former title sponsor
Williams were awarded $35.7 million in arbitration after their dispute...
2y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
What Marquez would have to give up to sign for the...
No description available...
13h ago from Motorsport.com
Espargaro unimpressed by MotoGP stewards' approach...
No description available...
11h ago from Motorsport.com
Acosta feels KTM was at its ‘most competitive'...
Pedro Acosta felt as though his MotoGP GasGas KTM bike was 'the most...
13h ago from MotorsportWeek.c...
Miller admits ‘really struggling to run the...
Jack Miller admitted that he was 'really struggling to run the pace' on...
15h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Indy 500: McLaughlin tops second day of practice at...
No description available...
4h ago from Motorsport.com
McLaughlin tops interrupted second day of Indy 500...
The second day of practice for the Indianapolis 500 took place on...
4h ago from MotorsportWeek.c...
Abel ends Indy 500 entry hopes, cites funding as cause
Abel Motorsports will not be fielding a car in this year’s Indianapolis...
1w ago from MotorsportWeek.c...
Kanaan only an option for Indy 500 if Larson is forced...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Has the WRC finally turned a corner in its promotion...
No description available...
11h ago from Motorsport.com
Evans feels “new ideas” are required after WRC...
No description available...
1d ago from Motorsport.com
Neuville stunned by almost “impossible” result in...
No description available...
3d ago from Motorsport.com
Tanak not far from “being in the fight” after...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 'leading race for 20-year-old Bundesliga...
Arsenal are reportedly leading the race to sign RB Leipzig forward...
3h ago from SportsMole.co.uk
'They were actually dancing in celebration' - Arsenal...
No description available...
5h ago from SportsKeeda.com
Manchester City eyeing up move for former player amid...
No description available...
6h ago from SportsKeeda.com
Arsenal Transfer News Roundup: Gunners eyeing Takefusa...
No description available...
6h ago from SportsKeeda.com
Comments
Hottest News
Ricciardo suffers BIZARRE F1 injury as RB star's pain...
The Miami Grand Prix weekend was eventful in more... Read More »
7h ago from GPFans.com
Major F1 engine change considered following 'FIA talks'
A key concept of the regulation changes set to be... Read More »
11h ago from GPFans.com
Verstappen Rejects Mercedes Advances, Commits to Red Bull...
As rumors about his future escalate, Max... Read More »
3h ago from Formula1News.co.uk
