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Etihad and Aldar to pay Force India damages

Thursday 5th November 2009

Etihad Airways and Aldar Properties have been ordered to pay Force India US$4.6m in damages after their sponsorship agreement.

Etihad and Aldar signed a three-year sponsorship agreement with Force India in 2007 when the team was formerly known as Spyker.

However, with new owner Vijay Mallya bringing in his Kingfisher Airline sponsorship, Etihad and Aldar pulled out of their deal with the team.

The matter was taken to court with a ruling handed down earlier this week stating that Etihad and Aldar had to pay Force India US$4.683 million in damages.

Your Comments

domformula1

"Any news on Force India being sued by Aerolab for breach of contract?"

Parashar

"Good for Force India this will help them to develop their 2010 car more wisely n detailed."

Drew

"And would you believe it Ferrari caused the Economic crisis too,as well as 3rd world country poverty! Surely if Ferrari were running F1 then they would have won the last 2 DWC....hmmm, seems to me BCNurse, that indeed you did miss something..."

daytona81

"you signed a contract with the team so pay up"

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