Williams F1 receives a whopping 26 million euros in Court case against former title sponsor

Williams F1 receives a whopping 26 million euros in Court case against former title sponsor

Jost Capito

The Williams F1 Team has been awarded a massive 26 million euros, after winning their case against a former title sponsor.

It has come to light that, the Wantage-based team’s former sponsor, ROKiT has been ordered by a judge in the US to pay the team a whopping sum of over 26 million euros.

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ROKiT became the team’s title sponsor in the year 2019 and saw its name on the liveries of Nicholas Latifi and George Russell during the 2020 pre-season testing.

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However, when the Covid pandemic came out of the blue, the hierarchy at ROKiT decided to go back on its promise, and its name was not run on the Wiliams’s livery when the 2020 season got underway in July.

williams f1
Williams F1

This meant that the deal that was supposed to last for three years, only was only able to run for one year, as ROKiT withheld the money that was due to Williams.

As a consequence of this, Williams F1 decided to bang on the door of a Court in the US to resolve the matter.

Williams F1 won the case against ROKiT on 1st December

Jost Capito
Jost Capito (GER) Williams Racing F1 Chief Executive Officer. Williams Racing FW43B – 2021 Car Launch, Friday 5th March 2021, Grove, UK

In today’s World, court proceedings can take an eternity to get resolved, however, Williams has been lucky as they have got a resolution in a relatively quick time.

In the United States District Court for the Central District of California, Judge Christina A Synder ruled on December 1st that ROKiT is liable to pay a huge sum of £26,220,094.25 GBP to Williams. This equates to over 32.2 million USD.

Moreover, ROKiT has also been asked to pay 1 million towards the legal cost that was borne by the Wantage-based F1 team.

Williams F1
Williams F1

After seeing the whole picture, it seems Jost Capito and Co. have got some additional funds that they can use toward developing their car for the 2023 F1 season.

Willaims is a team that has been doing its trade in the bottom half of the F1 grid for quite some time.

Considering how much they struggled this year, the 26 million euros would certainly help the team in coming up with a better livery compared to this year.