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in /formula1 3 days ago

Álex Palou must pay McLaren $12M in breach of contract case - ESPN

Álex Palou must pay McLaren $12M in breach of contract case - ESPN - Featured Image

Álex Palou must pay McLaren $12M in breach of contract case - ESPN

www.espn.co.uk - faviconespn.co.uk
TLDR

Four-time IndyCar champion Álex Palou was ordered by London's High Court to pay McLaren Racing over $12 million for breach of contract. McLaren initially sought almost $30 million, but the damages were reduced to $20.7 million. The court dismissed McLaren's Formula 1 claims against Palou, finding them overblown. The awarded damages were primarily tied to losses in IndyCar sponsorship and performance-based revenue.

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