Connect with us

F1 top news

Magnussen-manager dispute heads to court

Published

on

A broken relationship between Kevin Magnussen and his former manager is heading to court.

After his McLaren seat fell through after a single year, Magnussen reportedly split with his long-time manager Dorte Riis Madsen.

We reported last year that the 24-year-old Dane had negotiated his own 2016 Renault seat, and was also assisted by his billionaire sponsor Anders Holch Povlsen as he put together his new multi-year Haas deal.

Now, Ekstra Bladet newspaper says a court battle with Riis Madsen will begin on June 1.

The case will be heard in Copenhagen, with Magnussen’s former manager claiming damages for the driver’s current and future income over breach of contract.

“Attempts at an out of court settlement have failed,” the Danish newspaper claimed.

Former Danish racing driver Jason Watt said disputes over long-term contracts in motor racing are nothing new.

“Contract lengths of 10-15 years are not unusual,” he said. “A manager puts in money to build a career and it may take years before there is a return.”

Riis Madsen would not comment, and Magnussen said only: “I have nothing to say at this time.”

Advertisement
ThisisF1.com does not accept abusive behavior or harassing language in comments.
Please respect other users.
Click to comment

2018 F1 Launch







Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment. All Rights Reserved © 2017 Prime Sport Media