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 »
4y 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...
4y ago from F1i.com
Williams wins $35m lawsuit against former title...
The Williams Formula 1 team has won $35.7 million in arbitration after...
4y 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...
4y ago from GPBlog.com
Williams win $35m case against former title sponsor
Williams were awarded $35.7 million in arbitration after their dispute...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'It's not that the others are going...
No description available...
5h ago from Motorsport.com
Pedro Acosta ‘barely makes it through’ to Q2 after...
No description available...
5h ago from Motorsport.com
Guenther Steiner: 'Maverick Vinales must stay away...
No description available...
6h ago from Motorsport.com
Johann Zarco tops second MotoGP practice at Le Mans,...
Johann Zarco continued Honda's Friday dominance to top the second MotoGP...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar postpones IMS qualifying due to rain
The NTT IndyCar Series has postponed qualifying due to continuing...
47m ago from MotorsportWeek.c...
Enzo Fittipaldi snags first Indy NXT win in Race 1 of...
No description available...
1h ago from Motorsport.com
Rain washes out IndyCar qualifying at Indianapolis...
No description available...
37m ago from Motorsport.com
Second IndyCar practice at IMS headed up by Alex Palou
IndyCar took to the Indianapolis Motor Speedway road course for the...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Portugal: Organisers investigate major stage...
No description available...
3h ago from Motorsport.com
WRC Portugal: Adrien Fourmaux off gives Sebastien...
No description available...
6h ago from Motorsport.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
10h ago from Motorsport.com
WRC Portugal: Hyundai on top as overnight leader...
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
The seven games that will decide whether Arsenal or...
enal have the advantage in the Premier League title race but will they...
1h ago from TheGuardian.com
Mikel Arteta urges Arsenal to ‘channel energy’ in...
ager dismisses criticism from the ‘celebration police’ and is focused...
1h ago from TheGuardian.com
Andrea Berta a huge admirer of 26-year-old Liverpool...
Arsenal are interested in signing the Atalanta midfielder Ederson Dos...
2h ago from CaughtOffside.com
Arsenal and Man City battle for 55m Spanish attacker...
Matias Fernandez-Pardo has been linked with a move away from LOSC Lille at...
2h ago from CaughtOffside.com
Comments
Hottest News
Thought F1 was bad? INDYCAR drivers rage over crazy rules:...
An IndyCar rule change has confused all involved,... Read More »
2h ago from GPFans.com
Aston Martin 2026 flop ‘the biggest blunder in F1...
Aston Martin is experiencing a true F1 disaster... Read More »
3h ago from GPFans.com
Charles Leclerc splashes the cash as FIA confirm huge 2027...
The news never stops here at RacingNews365 so... Read More »
2h ago from RacingNews365.com
