US EditionAlex Palou and His Boss Dismiss Red Bull F1 Rumors as ‘Clickbait’
McLaren Racing claims $30 million in losses from Alex Palou breaching a three-year IndyCar contract, citing reduced sponsorships and costly driver replacements as key damages.
- McLaren Racing is suing Alex Palou, four‑time IndyCar champion, for nearly $30 million over an alleged breach of contract, with a September trial scheduled in London.
- Back in 2022, Alex Palou signed a three-year contract with McLaren Racing covering the 2024–2026 IndyCar seasons, but a mediator ruled he must drive for Chip Ganassi Racing in 2023; Palou stayed with Ganassi and admits breaching the McLaren deal.
- McLaren's filings detail a $7,266,902 reduction in NTT fees, a $15,564,970 hit to sponsor benefits, $1,512,500 in salary-related lost profit, and payouts to Pato O'Ward, Christian Lundgaard, and Nolan Siegel.
- McLaren says it had to promote Pato O'Ward to an F1 reserve role with a deal over $10 million, arguing Palou's U-turn forced a scramble in its IndyCar roster and sponsorship agreements.
- Earlier this week, reports linked Red Bull Racing to Alex Palou, but Monday claims suggest his agent seeded the story and Chip Ganassi dismissed the rumours, reflecting Palou's strong IndyCar record.
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The RecordAlex Palou and his boss dismiss Red Bull F1 rumors as ‘clickbait’
Four-time IndyCar champion Alex Palou and his boss both strongly denied a report that Red Bull is interested in signing the Spaniard to its Formula 1 team. Palou said there has been zero outreach from Red Bull to him or anyone within his management group, and even wondered if the rumor was a deliberate attempt to cloud his dominating IndyCar season. Palou has won eight of 16 races, including the Indianapolis 500, and wrapped up his fourth title …
McLaren’s $30M Palou lawsuit dives into the details
McLaren’s $30 million case against Alex Palou just got a lot more granular. Newly public court filings lay out, line by line, what the team says it lost when the Spaniard walked away from a signed IndyCar deal and returned to Chip Ganassi Racing — right down to driver payouts, sponsor renegotiations and an eye‑catching tally of “what might have been.” The backdrop is familiar. In 2022, Palou inked a three‑year McLaren agreement covering the 2024…
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