Welcome at RacingNews365

Become part of the largest racing community in the United Kingdom. Create your free account now!

  • Share your thoughts and opinions about F1
  • Win fantastic prizes
  • Get access to our premium content
  • Take advantage of more exclusive benefits
Sign in
Williams

Williams awarded £26 million in court case against former sponsor

A judge in the United States has confirmed that former title sponsor Rokit must pay Williams the substantial amount.

XPB 1038039 Hi Res
Article
To news overview © XPBimages

The former title sponsor of Williams, ROKiT, has been ordered by a US judge to pay more than £26 million to the Formula 1 team.

ROKiT joined Williams as title sponsor ahead of the 2019 season and appeared on the cars of George Russell and Nicholas Latifi during pre-season testing in 2020.

However, COVID-19 then hit, with the sponsor reneging on the deal and Williams not running the ROKiT livery once the season got underway in July 2020.

This meant a planned three-year deal ended after only one, with ROKiT withholding scheduled money to the team.

As a result, Williams took the case to court believing their contract had been breached.

Williams awarded legal victory

In the United States District Court for the Central District of California, Judge Christina A Synder ruled on December 1st that ROKiT is liable to pay £26,220,094.25 GBP to Williams.

That equates to $32.2 million USD.

ROKiT must also pay £1 million to cover Williams' legal costs.

Williams remain without a title sponsor, but has since been sold to US firm Dorilton Capital, while the telecommunications company remain active in motorsport sponsorship, mainly in Formula E and British Touring Cars, sponsoring Nicholas Hamilton - the brother of Lewis.

			© XPBimages
	© XPBimages

Also interesting:

F1 Podcast: Binotto leaves Ferrari - what now for the Scuderia?

RacingNews365.com F1 journalists Dieter Rencken and Michael Butterworth discuss Mattia Binotto's resignation from Ferrari, and where he and the team go from here.

Don't miss out on any of the F1 action thanks to this handy 2023 F1 calendar that can be easily loaded into your smartphone or PC.

Download our F1 calendar

0 comments

x
LATEST How Williams' Gulf deal is papering over the sponsor cracks