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Force India get Etihad payout - Old sponsors finally pay, but keep an eye on future teams

Published by Christine

Force India get Etihad payout
Force India get Etihad payout audio waveform

Today is the 5th November 2009, and this is F1Minute.

Force India are dominating the news today, with some good and bad feeling amongst the paddock. Firstly, Etihad Airways have been court ordered to pay the team some compensation after ditching them as a sponsor and moving to Ferrari last year. I say some compensation, I’m talking $4.6 million for Etihad not terminating the contract properly.

Elsewhere, Autosport is reporting that the new Lotus team released some design pictures that members of the Force India team looked at very closely. With Mike Gascoyne at the helm of Lotus, having previously worked for FIF1, the similarities in the designs have been noted. There is nothing official or formally wrong at the moment, and Autosport does say that if Lotus sign the Concorde Agreement, the problem will go away thanks to some clauses in there about who gets to design what parts.

That’s it for now, please join me tomorrow for another F1Minute.