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Perez wins £2m payout from former sponsor

Sergio Perez has been successful in court against one of his former sponsors, with the reward being a £2million windfall. Perez has always enjoyed strong support in his native Mexico, not only from the fans, but also sponsors. One of those sponsorship deals met a sticky end, though, a few years ago. Mexican state-owned oil firm Pemex were set to sponsor Perez for his 2019 campaign at Racing Point, but that deal was cancelled late in 2018 before it even began following a change of government. Perez's management team therefore took legal action against MGI Asistencia Integral, a subsidiary of Pemex, and that case has now been settled with a court ruling demanding that MGI pay Perez 56m...
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