News Details

Williams handed $32 million windfall by US Court!

Williams Racing was handed an early Christmas present on Thursday when a US Court ordered former sponsor ROKiT to pay the Formula 1 team over $32 million for reneging on a commercial deal between the two parties. Williams brought telecommunications company ROKiT onboard ahead of the start of the 2019 F1 season. Mid-way through that year's campaign, the two partners agreed on an extension of their deal to the end of 2023. Mid-way through that year's campaign, the two partners agreed on an extension of their deal to the end of 2023. But in May 2020, just a month before the start of F1's Covid-impacted season, Williams suddenly terminated its sponsorship deal with ROKiT. ©Williams It...
Full Story »
3y ago from F1i.com 0
Share

You May Also Be Interested In...

Williams wins lawsuit from former sponsor and gets 27...

Williams has won a landmark court case. A California court has ruled in...
3y ago from GPBlog.com

Judge rules in favour of Williams: sponsor must pay...

Williams has won a landmark court case. A California court has ruled in...
3y ago from GPBlog.com

Williams awarded £26 million in court case against...

Article To news overview © XPBimages The former title sponsor of...
3y ago from RacingNews365.com

Fernando Alonso handed boost via £200m Aston Martin...

Aston Martin are edging ever closer to having the facilities in place to...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...
22h ago from MotorsportWeek.c...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal, Man United and Chelsea lock horns for...

Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
43m ago from CaughtOffside.com

Gabriel refusing to shake Maguire's hand sparks aggro...

Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
3h ago from SkySports.com

Arteta feeling bullish after Arsenal ‘take...

t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
4h ago from TheGuardian.com

Arteta encouraged by 'beautiful' meeting with players...

Mikel Arteta has revealed he called his players for a meeting to...
5h ago from SkySports.com

Comments

Hottest News

F1: Barcelona Day 2 Recap: Ferrari

It was a productive day for us. Despite the rain,... Read More »
2h ago from Pitpass.com

LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2

The second day of on-track action for F1 in 2026... Read More »
13h ago from RacingNews365.com

2026 F1 Barcelona Pre-Season Test - Day 2 results

See the results from the second day of pre-season... Read More »
4h ago from RacingNews365.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.