News Details
Williams handed $32 million windfall by US Court!
Williams Racing was handed an early Christmas present on Thursday when a US Court ordered former sponsor ROKiT to pay the Formula 1 team over $32 million for reneging on a commercial deal between the two parties. Williams brought telecommunications company ROKiT onboard ahead of the start of the 2019 F1 season. Mid-way through that year's campaign, the two partners agreed on an extension of their deal to the end of 2023. Mid-way through that year's campaign, the two partners agreed on an extension of their deal to the end of 2023. But in May 2020, just a month before the start of F1's Covid-impacted season, Williams suddenly terminated its sponsorship deal with ROKiT. ©Williams It...
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