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 »
3y 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...
3y ago from F1i.com
Williams wins $35m lawsuit against former title...
The Williams Formula 1 team has won $35.7 million in arbitration after...
3y 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...
3y ago from GPBlog.com
Williams win $35m case against former title sponsor
Williams were awarded $35.7 million in arbitration after their dispute...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
15h ago from MotorsportWeek.c...
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
18h ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
22h ago from Motorsport.com
The CRB is the F1 ‘court’ that could unlock Jorge...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood runs to the top in opening IndyCar...
The NTT IndyCar Series returned to action on Friday, completing a...
9h ago from MotorsportWeek.c...
Christian Rasmussen handed six-place IndyCar grid...
IndyCar officials have handed Christian Rasmussen a six-place grid...
13h ago from MotorsportWeek.c...
Feature: Evaluating IndyCar’s hybrid power system...
The NTT IndyCar Series introduced its long-developed hybrid system in the...
1d ago from MotorsportWeek.c...
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
23h ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
1d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
A sad day for Tomiyasu : A dark day for Arsenal...
Good morning, this is going to be a tough blog to write today. I recognise...
54m ago from Arseblog.com
Thomas Partey's lawyer responds to rape charges as...
Former Arsenal defensive midfielder Thomas Partey has been charged with...
2h ago from CaughtOffside.com
Arsenal set for battle with PSG and Real Madrid after...
Arsenal are reportedly set to face competition from Paris Saint-Germain...
2h ago from SportsKeeda.com
Noni Madueke's stance on joining Arsenal amid links...
Chelsea star Noni Madueke is reportedly open to joining Arsenal this...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Max Verstappen makes EXIT decision as...
Max Verstappen has confirmed his plans for 2026... Read More »
2h ago from GPFans.com
Christian Horner hands Max Verstappen major warning about...
Christian Horner believes a major unknown coming... Read More »
53m ago from RacingNews365.com
Why Kimi Antonelli's Monza F1 crash differed to Max...
Andrea Kimi Antonelli has explained how he will... Read More »
54m ago from MotorsportWeek.com
