SM
Juventus vs. Cagliari: 8 hrs 27 mins
Upcoming predictions and previews
Collect News Data

Sacked de Vries ordered to give up half of F1 pay

:Headline: Sacked de Vries ordered to give up half of F1 pay:
Nyck de Vries must pay back half of all the money he earned during his ill-fated season with Alpha Tauri last year.
Sports Mole

Nyck de Vries must pay back half of all the money he earned during his ill-fated season with Alpha Tauri last year.

The Dutchman, who was ousted by team owner Red Bull mid-season for poor performance, was sued by his former backer Jeroen Schothorst a year ago. The real estate million alleged a EUR 250,000 loan deal to de Vries involved de Vries paying him half of all his F1 contracts.

Last February, we reported that the judge actually ruled against Schothorst, ordering him to pay all of de Vries legal costs for defending the case.

"Hopefully the wind will die down now," 28-year-old de Vries, who has now returned to Formula E, said at the time.

However, Dutch publications now report that de Vries has actually lost the follow-up case in an Amsterdam court - and must now pay back the loan with 3 percent annual interest and give Schothorst half of his 2023 pay.

"It was a matter of principle for me," Schothorst tells Het Financieele Dagblad newspaper.

"As a child, my mother taught me that you have to keep to what you agree. I did what I did out of love for this sport and out of sympathy for the athlete in question. We supported Nyck at a crucial moment in his career when nobody else wanted to.

"We would have preferred to reach a settlement, but unfortunately our attempt to do so were repeatedly rejected by Nyck and his lawyer. This does not alter the fact that I still have a lot of respect for Nyck as a driver," he added.

According to De Telegraaf newspaper, de Vries' lawyer Jeroen Bedaux said the terms of the deal was that the loan would be forgiven if the driver failed to make it to F1 by 2022.

De Vries, of course, made a one-off debut as a substitute driver at Williams at Monza in 2022, before securing his first full-time race seat at Alpha Tauri the following year.

"This is a very creative interpretation of the agreement and is not consistent with Nyck's intention when taking out the loan and what he agreed."

De Vries is now considering an appeal.

"De Vries fully and to the best of his knowledge fulfilled his obligations up to and including 2022, which has also been confirmed in court," Bedaux explained.

"The fact that he has nevertheless been ordered to repay the loan and to pay fixed and variable interest for the first months of 2023 is therefore at odds with what the parties have agreed, which is why de Vries is still considering an appeal," the lawyer added. body check tags ::

amp_article__536032 : Collect and Make Data not in DataBase  : 
last updated article - 2024-02-06 21:44:48:
html db last update - 2024-02-06 21:44:48 :

ex - 7200 : read : write cache and make html

Click here for more stories about Nyck de Vries

Click here for more stories about RB

Share this article now:
ND
Read Next:
De Vries didn't get 'fair chance' in F1
>


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!
Read more about Nyck de Vries Formula 1
Follow @SportsMole for the latest breaking news stories, and follow @sm_headlines to get every headline from Sports Mole
Recommended Next on SM
De Vries didn't get 'fair chance' in F1
Chelsea shock! Mudryk 'tests positive for banned substance', club responds
Man City vs. Man Utd confirmed XIs: Foden decision made, Amorim makes four changes

Page options

Premier League Table
TeamPWDLFAGDPTS
1Liverpool15113131131836
2Chelsea16104237191834
3Arsenal1686229151430
4Nottingham ForestNott'm Forest168442119228
5Manchester CityMan City168352823527
6Bournemouth167452421325
7Aston Villa167452425-125
8Fulham166642422224
9Brighton & Hove AlbionBrighton166642625124
10Tottenham HotspurSpurs1672736191723
11Brentford167273230223
12Newcastle UnitedNewcastle166552321223
13Manchester UnitedMan Utd166462119222
14West Ham UnitedWest Ham165472129-819
15Crystal Palace163761721-416
16Everton153661421-715
17Leicester CityLeicester163582134-1314
18Ipswich TownIpswich162681628-1212
19Wolverhampton WanderersWolves1623112440-169
20Southampton1612131136-255
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.

history www

Preview: Oklahoma City Thunder vs. Milwaukee Bucks - prediction, team news, form guide

1

PO

Milos Kerkez makes 'big-club admission' amid Liverpool, Man United transfer rumours

2

MK

Perez's struggles 'weren't always his fault' - Verstappen

NEW

3

PS

Chelsea shock! Mudryk 'tests positive for banned substance', club responds

NEW

4

CS

Man United 'approach' top target amid doubts over Rashford, Zirkzee

5

MU

Diallo, Isak and who else? Sports Mole's Premier League Team of the Week

6

DI

Preview: Real Madrid vs. Pachuca - prediction, team news, lineups

7

PR

Mount, Shaw updates: Man United injury, suspension news vs. Tottenham

8

MS

Badiashile, Felix, Mudryk latest: Chelsea injury, suspension list vs. Shamrock

9

BF

Preview: Barcelona vs. Man City - prediction, team news, lineups

10

PB


. . . . . . . . . . . . . . .