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

CFMoto ‘fully committed’ to supporting potential...

CFMoto Aspar team boss Jorge Martinez says the Chinese manufacturer is...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...
15h ago from MotorsportWeek.c...

Rookie Caio Collet fastest in two-day Indy 500 open...

The NTT IndyCar Series held its traditional two-day open test for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Ambitious PL club eyeing Arsenal, Chelsea & Man...

It could be a big summer transfer window for Everton this year as they're...
30m ago from CaughtOffside.com

From Italy: Arsenal star becomes top AC Milan transfer...

Arsenal striker Gabriel Jesus is reportedly set to be a top transfer...
1h ago from CaughtOffside.com

'Arsenal have got a fantastic player, really...

Liverpool legend Steven Gerrard has claimed he's upset about his former...
11h ago from SportsKeeda.com

Arsenal target two game-changers in huge 250 million...

Arsenal are preparing for a busy transfer window, and they have identified...
12h ago from CaughtOffside.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.