News Details
Ricciardo and former manager settle $12M commission dispute
Daniel Ricciardo and former advisor Glenn Beavis have reached a settlement in their $12 million dispute over unpaid commissions which was brought to the High Court of London. Last summer, Beavis filed documents in the United Kingdom alleging the nonpayment by Ricciardo of the advisor's 20% commission on the driver's contract with current employer Renault. Beavis claimed he had helped negotiate and secure the Aussie's two-year deal - estimated to be worth a whopping $55 million - during Ricciardo's final season with Red Bull. Renault prepping for fierce Ricciardo/Ocon rivalry in 2020 The two parties have amicably settled their differences for an undisclosed sum according to a statement....
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