News Details

Ricciardo and former manager settle $12 million dispute

Daniel Ricciardo and former manager Glenn Beavis have settled a $12million dispute after fees racked up from unpaid commissions. The dispute was taken to the High Court of London last summer.  After making a move to Renault, his manager claimed that Ricciardo had unpaid the 20% commission of his contract with the French manufacturer. The two parties have settled their dispute with an undisclosed fee. The statement said: "Daniel Ricciardo and Glenn Beavis are pleased to confirm that they have reached an amicable settlement over the amounts due to Glenn and thus bringing to an end the proceedings in the High Court in London. Daniel and Glenn wish each other well in their...
Full Story »
4y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Ricciardo and former manager settle $12M commission...

Daniel Ricciardo and former advisor Glenn Beavis have reached a...
4y ago from F1i.com

Mercedes pays Wolff 8 million euros per year

Oct.9 Toto Wolff is paid 8 million euros a year to be Mercedes' team...
4y ago from OneStopStrategy.com

Daniel Ricciardo: 'Renault have the resources to join...

Daniel Ricciardo announced last year to make the switch...
4y ago from GPBlog.com

Ricciardo: Suzuka lap like a rollercoaster

Daniel Ricciardo is looking forward to tackling the Suzuka track at this...
4y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Vinales: Aprilia COTA MotoGP win has ‘different...

Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Neuville and Evans tied to a tenth!

Thierry Neuville and Elfyn Evans fought a mighty duel across eight stages...

Popular On GunnersToday.com

Mikel Arteta says it is 'too soon' for £38m defender...

Arsenal manager Mikel Arteta has provided an injury update on summer...
2h ago from CaughtOffside.com

Aston Villa line up summer move for £60m Chelsea flop

Aston Villa are targeting a new left-back this summer and Chelsea's Marc...
2h ago from CaughtOffside.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.