Alex Palou has been ordered to pay McLaren Racing over $12 million following a decision by the UK courts on Friday.
Claims of harm to the team’s IndyCar business were found to be substantiated even as further claims of harm to the Formula 1 side of operations were not.
Palou released an official statement on the ruling, which highlights his partial victory and vows to explore all options regarding the damages he has been ordered to pay.
“The court has dismissed in their entirety McLaren’s Formula One claims against me which once stood at almost $15m,” said Palou. “I’d like to thank Otmar Szafnauer for his expert assistance.
“The court’s decision shows the claims against me were completely overblown. It’s disappointing that so much time and cost was spent fighting these claims, some of which the Court found had no value, simply because I chose not to drive for McLaren after I learned they wouldn’t be able to give me an F1 drive.
“I’m disappointed that any damages have been awarded to McLaren. They have not suffered any loss because of what they have gained from the driver who replaced me.
“I am considering my options with my advisors and have no further comments to make at this stage.
“I look forward to the upcoming season with Chip Ganassi Racing.”
Chip Ganassi support
Once at odds with Chip Ganassi Racing owner Chip Ganassi, Palou has had his full support throughout the lawsuit.
Ganassi’s high opinion of the Spaniard, potentially influenced by the extraordinary successes they have achieved together in recent years, has continued throughout the lengthy trial period.
The team owner released a statement in wake of the ruling reiterating his support of his star driver into the future.
“Alex has our full support, now and always,” said Ganassi. “We know the character of our driver and the strength of our team, and nothing changes that.
“While we respect the legal process, our focus is exactly where it should be: on racing, on winning, and on doing what this organization has always done best, competing at the highest level.”
Palou will begin his sixth IndyCar season with Chip Ganassi Racing next month, and will seek to earn a fifth title to add to his already impressive resume.
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