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Nyck de Vries wins legal battle
New AlphaTauri driver Nyck de Vries has found himself embroiled in legal drama in recent weeks, with a huge supporter of his career believing that he is entitled to a large percentage of the Dutchman’s income. Back in 2018, Dutch financier Jeroen Schothorst provided De Vries with a loan of $250,000 through his company Investrand, in order to help the driver secure a seat in Formula 2 with Prema. The loan contract had a three percent annual interest rate but also reportedly featured a much more unusual clause. According to reports, the contract obligated De Vries to to give half of his F1 related earnings to Schothorst, a clause which would expire should the Dutchman have failed to secure...
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1y ago from Formula1News.co.uk
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