News Details

Williams reacts to lawsuit over alleged ‘fraudulent' remarks

Williams is being sued by its former title sponsor ROKiT in the Southern District of Florida over claims it made “fraudulent” remarks about its ability to perform during the 2019 season despite knowing it didn't have the necessary funding. The two sides had initially agreed a three-year sponsorship deal, which was later extended to five years.  After a dispute emerged between the two sides, the deal between the pair was terminated in May 2020, prior to the team being put up for sale. According to a court submission, Williams “intentionally and fraudulently concealed the fact that Williams Engineering simply did not have enough money to develop the F1 car which would be subject to...
Full Story »
Share

You May Also Be Interested In...

Williams criticise as ‘spurious' former...

  Williams is facing a lawsuit from former team sponsor Rokit...
2y ago from SpeedCafe.com

Ex-title sponsor ROKiT launches $149m claim against...

ROKiT, the former title partner of the Williams Formula 1 team, has...
2y ago from MotorsportWeek.com

Lewis Hamilton reacts to Max Verstappen calling for...

Mercedes had an impressive start to the Australian Grand Prix, as both...
2y ago from Formula1News.co.uk

Mercedes promise to fight back in 2023 title race...

Mercedes has been open about its disappointing start to the 2023 season,...
2y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez wins Brno MotoGP Sprint race

Marc Marquez continued his Saturday afternoon dominance with another...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar Toronto – Qualifying Results

A knockout qualifying session for the NTT IndyCar Series took place on...

Colton Herta hauls in IndyCar pole in Toronto

IndyCar completed a busy qualifying session on the streets of Toronto...

Andretti tops Team Penske in IndyCar’s second...

IndyCar took to the streets of Toronto on Saturday morning, turning...

Popular On TotalWRC.com

SuperSwede Solberg in command on Rally Estonia

Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...

Popular On GunnersToday.com

'Protect your ankles, we are enemies now' - Chelsea...

Chelsea defender Wesley Fofana has sent a message to former teammate Noni...
7h ago from SportsKeeda.com

£20m asking price set: Chelsea star put up for sale...

Chelsea winger Raheem Sterling is reportedly up for sale for just £20m...
12h ago from CaughtOffside.com

“It’s been good. It’s got to be better!” -...

Arsenal legend Thierry Henry has delivered his verdict on the performance...
8h ago from SportsKeeda.com

Report: Five players Chelsea could use in a deal to...

Chelsea remain interested in signing Morgan Rogers from Aston Villa, and...
12h ago from CaughtOffside.com

Comments

Hottest News

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.