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Williams reacts to lawsuit over alleged ‘fraudulent' remarks
Williams is being sued by its former title sponsor ROKiT in the Southern District of Florida over claims it made “fraudulent” remarks about its ability to perform during the 2019 season despite knowing it didn't have the necessary funding. The two sides had initially agreed a three-year sponsorship deal, which was later extended to five years. After a dispute emerged between the two sides, the deal between the pair was terminated in May 2020, prior to the team being put up for sale. According to a court submission, Williams “intentionally and fraudulently concealed the fact that Williams Engineering simply did not have enough money to develop the F1 car which would be subject to...
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3y ago from Formula1News.co.uk
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