The F1 Fiasco: De Vries faces a crushing blow as lawsuit defeat adds financial strain

The F1 Fiasco: De Vries faces a crushing blow as lawsuit defeat adds financial strain

P1racenews AI automatic summary:


Even before Nyck de Vries was on the grid for his first full-time Formula 1 season in Bahrain in 2023, there was some commotion about a lawsuit that one of his investors had filed against him. The judge has now delivered a verdict.

Nyck de Vries has lost a lawsuit against his former investors, Investrand, and will now have to pay them 50% of his F1 earnings after 2022. The disagreement arose over de Vries’ status as a substitute driver for Williams at the 2022 Italian Grand Prix. The agreement stated that if de Vries became an active F1 driver before the end of 2022, he would share 50% of his earnings with Investrand. De Vries argued that his participation in the race did not warrant becoming an active F1 driver and triggering the payback clause. However, the Amsterdam District Court ruled in favor of Investrand.

Tovább a cikkhez

Related posts