P1racenews AI automatic summary:
Alex Palou and Chip Ganassi have reached a settlement with McLaren over the Spanish driver’s contract breach in 2023. The fight between the parties was drawn out and resulted in a legal battle in the UK courts system. In January, the verdict was handed down that Palou was at fault and owed McLaren nearly $12 […]
Alex Palou and Chip Ganassi reached a settlement with McLaren over Palou’s contract breach in 2023, following a lengthy legal battle in the UK courts.
In January, a UK judge ruled Palou at fault, ordering him to pay McLaren nearly $12 million for breaking the contract.
Ahead of the 2026 IndyCar season opener, Palou issued a statement accepting responsibility for the situation and confirming its resolution.
Expressing regret over the past events, Palou acknowledged the support of Zak Brown and Chip Ganassi during the ordeal.
Chip Ganassi, in a separate statement, expressed relief that the matter was settled and hoped Palou had learned from the experience to avoid similar situations in the future.
Now, Palou is focused on defending his fourth IndyCar championship, starting this weekend at St. Petersburg.
