McLaren’s CEO Zak Brown has issued a statement following a settlement being reached.
McLaren and Chip Ganassi Racing have reached a final settlement following a multi-million dollar court case against Alex Palou.
The dispute arose when Palou broke a contract with McLaren to join Chip Ganassi Racing in IndyCar in 2023, believing he would have an F1 seat with McLaren.
The court ruled in January that Palou owed McLaren over $10 million for breaching the contract, with a potential total of $12.6 million.
Since the verdict, McLaren and Ganassi have been in discussions, culminating in a final settlement whose total sum remains undisclosed.
McLaren Racing CEO Zak Brown expressed satisfaction with the resolution and looks forward to focusing on the upcoming IndyCar season, as did Chip Ganassi in his statement.
