News Details

Van der Garde saga ends with 15 million settlement

Dutch media reports on Tuesday said Formula 1 boss Bernie Ecclestone was involved in negotiations that have ended the Giedo van der Garde versus Sauber saga. De Volkskrant refers to compensation for the Dutch driver in the order of 15 million, with other reports saying the money will flow from a Credit Suisse account in the coming hours. Another daily, Algemeen Dagblad, reported that van der Garde's manager Jan-Paul ten Hoopen will have something to say on the matter later this week. It seems the financial compensation, calculated on the basis of van der Garde's two contracted years at Sauber (2014 and 2015) as well as legal fees, will result in the 29-year-old dropping the case in full....
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

15 million ends van der Garde saga?

Dutch media reports on Tuesday said Bernie Ecclestone was involved in...
10y ago from GrandPrix.com

Saubes loses van der Garde appeal

An Australian court has upheld the decision to allow Giedo van der Garde...
10y ago from Motorsport.com

Sauber, Van der Garde agree financial settlement

Giedo van der Garde is likely to drop his legal case against the Sauber...
10y ago from GrandPrixTimes.com

Sauber loses Van der Garde appeal

Sergio Perez has sided with Giedo van der Garde over his legal dispute...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Popular On TotalWRC.com

Popular On GunnersToday.com

Ian Wright claims Liverpool failing to replace...

Ian Wright believes Liverpool missed Luis Diaz during their draw against...
1h ago from SportsKeeda.com

Bukayo Saka agrees new five-year Arsenal contract with...

t;li>Deal understood to lift pay to about £300,000 a weekArsenal keen...
55m ago from TheGuardian.com

Report: Arsenal to battle Man United & City for...

Arsenal are reportedly looking set for a summer transfer window battle...
2h ago from CaughtOffside.com

Saka agrees new deal at Arsenal

Bukayo Saka has agreed to a new long-term contract at Arsenal.
1h ago from SkySports.com

Comments

Hottest News

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.