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Van der Garde, Sauber set to reach financial settlement

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Van der Garde, Sauber set to reach financial settlement
By:
Mar 17, 2015, 11:45 AM

Giedo van der Garde's case against the Sauber Formula One team looks set to come to a conclusion in the next couple of days after the parties finalised a settlement.

Giedo van der Garde, in the Sauber Motorhome
Marcus Ericsson, Sauber C34
Giedo van der Garde, waits to come into the paddock

The Dutchman and the Swiss squad were embroiled in a legal battle during the Australian Grand Prix weekend, as he claimed he was unfairly ditched by the team when he had a contract to race in 2015.

An Australian court ruled in favour of the driver, but the case was dropped as both parties agreed to talk and Sauber stuck to its original plan of running Felipe Nasr and Marcus Ericsson.

Now the case is set to come to an end, with Sauber agreeing to pay van der Gard a big sum of money.

Motorsport.com understands that the figure involved is €15m, a substantial sum given the obvious financial predicament of the team.

Despite the legal problems, Sauber enjoyed a very positive grand prix in Melbourne, with Nasr finishing in fifth and Ericsson in eighth.

The team is currently third in the constructors' championship, just one point behind Ferrari.

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About this article

Series Formula 1
Drivers Giedo van der Garde , Marcus Ericsson , Felipe Nasr
Teams Sauber
Author Adam Cooper