News Details

Magnussen wins multi-million pound legal battle with former manager

Former Haas driver Kevin Magnussen can finally "concentrate on creating a new life" according to father Jan after winning a four-year, multi-million-pound legal battle with his former manager. Denmark's Eastern High Court has ruled Magnussen will not have to pay 20 per cent of his gross income from 2015 to the present day to Dorte Riis Madsen, who has been ordered to pay costs of DKK 540,000 [£65,000]. Article continues under video The judgment, which cannot be appealed against, overturns a prior verdict from the Copenhagen City Court that in 2018 ruled in favour of Madsen The High Court, however, has determined that Madsen does own 20 per cent of a company formed by Magnussen...
Full Story »
5y ago from GPFans.com 0
Share

You May Also Be Interested In...

Tost: Teams would not have been open to cost cap...

AlphaTauri team principal Franz Tost believes that the COVID-19 pandemic...
5y ago from GrandPrix247.com

Kevin Magnussen: ‘This Thing With Hulkenberg Haunts...

Kevin Magnussen attracted his fair share of criticism over the course of...
5y ago from Formula1News.co.uk

Dutch Grand Prix Needs ‘an Audience’ to Happen in...

The Dutch Grand Prix will only go ahead as planned in September if fans...

Report: Cancelled 2020 Australian GP cost government...

According to RaceFans, the cancellation of last year's Australian Grand...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

David Malukas’ Penske poise earns accolades from...

After just two races with Team Penske under his belt, David Malukas is...

Popular On TotalWRC.com

Popular On GunnersToday.com

'He's out' – Arteta confirms key Arsenal star...

Arsenal’s quest for a maiden European crown faces a significant hurdle...
1h ago from CaughtOffside.com

U-turn: Report reveals surprise outcome of recent...

Arsenal may reportedly have cooled their interest in the potential...
5h ago from CaughtOffside.com

The big boys are back for Leverkusen trip

Morning all. We're in Champions League action this evening, taking on...
4h ago from Arseblog.com

Thierry Henry believes Arsenal and one other team are...

Arsenal legend Thierry Henry has ruled out Barcelona as top favourites for...
6h ago from SportsKeeda.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.