McLaren wins $12m-plus damages in Palou contract case

1 min read
Source: The New York Times
McLaren wins $12m-plus damages in Palou contract case
Photo: The New York Times
TL;DR Summary

London’s High Court ruled in McLaren’s favour in the breach-of-contract case against Alex Palou, awarding more than $12 million (about $10.2m plus another $2m–$2.5m) after Palou refused to join Arrow McLaren for IndyCar and potential Formula 1 duties. The judgment also found partial success on some related claims (sponsorship and performance-related aspects), while Palou’s team argued damages were inflated. Palou indicated he is considering his options and will continue with Chip Ganassi Racing; further interest and legal costs will be decided at a later hearing.

Share this article

Reading Insights

Total Reads

0

Unique Readers

11

Time Saved

5 min

vs 5 min read

Condensed

91%

99185 words

Want the full story? Read the original article

Read on The New York Times