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McLaren awarded $12 million in lawsuit against IndyCar champ Alex Palou

McLaren Racing has been awarded over $12 million in damages in a breach of contract lawsuit against IndyCar driver Alex Palou. The UK Commercial Court's ruling follows a lengthy legal battle stemming from Palou's decision to back out of agreements with McLaren, resulting in significant financial losses for the team.

McLaren awarded $12 million in lawsuit against IndyCar champ Alex Palou

Credit: Yahoo

Key Highlights

  • McLaren Racing awarded $12 million for breach of contract by Alex Palou.
  • The ruling came from the UK Commercial Court after a two-and-a-half-year case.
  • Damages included $1.3 million in driver salary and over $6.3 million related to sponsorship losses.
  • McLaren originally sought nearly $30 million in damages, reduced to $20.7 million during the trial.
  • Palou was not held liable for losses stemming from McLaren's Formula 1 dealings.
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Sources

  1. McLaren awarded $12 million in lawsuit against IndyCar champ Alex Palou
  2. McLaren awarded $12 million in lawsuit against IndyCar champ Alex Palou
  3. Alex Palou ordered to pay McLaren Racing $12M in breach of contract suit

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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