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Williams being sued over ‘fraudulent statements'
Williams is facing legal action in a Florida court after its former sponsor ROKiT accused the team of causing damage to its reputation, seeking $149 million in compensation. According to the legal action, ROKiT claims “fraudulent statements” were made when it agreed its sponsorship deal with the team. ROKiT is arguing that Williams promised its car would be competitive in 2019, knowing that it didn’t have the funding to achieve that. “The arbitrator was not aware of the fraudulent concealment of statements of material facts by defendants that were not discovered until after the arbitration had concluded,” ROKiT claims in a court submission. Want to work in Formula 1? Browse the...
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1y ago from Formula1News.co.uk
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