Giedo Van Der Garde Wins Case! | Page 3 | FerrariChat

Giedo Van Der Garde Wins Case!

Discussion in 'F1' started by trumpet77, Mar 10, 2015.

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  1. Kiwi Nick

    Kiwi Nick Formula 3

    Jun 13, 2014
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    Jeff
    At its root, this problem is caused by the VERY high cost of F1. The small teams cannot survive without pay-drivers and if one offers more than the next they almost have to switch to the highest paying driver. This has also destroyed the quality of drivers in F1. That said, did Monisha really think that it was OK to contract with three drivers for two seats? Sauber should take a whack for doing this, although it could put them under. As for vdG, let him go and try to buy another seat...good luck, I just think the price went up, way up!
     
  2. ginge82

    ginge82 Formula 3

    Jul 23, 2012
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    Art Corvelay
    Sauber are not getting out of this mess without writing a large cheque to somebody and every time they go to court that sum will only grow larger. They just need to find a way to make sure it doesn't bounce.

    What a mess they made but it goes to show the level of interest in F1. This story probably has more press interest than Toyota had for winning the WEC championship.
     
  3. Bas

    Bas Four Time F1 World Champ

    Mar 24, 2008
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    Bas
    At it's root, blame the EU hippies for banning tobacco sponsorship in the first place. F1 teams had no real issues as every cigarette company wanted a car. It was amazing.
     
  4. BMWairhead

    BMWairhead Formula 3

    Sep 11, 2009
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    Ted
    A few things missing from this thread...

    First...did you know that Kaltenborn is a contract lawyer?

    Next...the Australian courts are tasked with enforcing a legal decision made in Swiss courts months ago. That is, they are not evaluating the contract or lack thereof. They are simply evaluating the right-here-right-now situation and how it relates to the Swiss court ruling (the Swiss court ruled that vd garde was legally contracted and should be driving the car).

    IOW, Swiss courts ruled that vd garde should be driving...vd garde is using the Australian courts to attempt to enforce the Swiss ruling.
     
  5. WCH

    WCH F1 Veteran
    Owner Rossa Subscribed

    Mar 16, 2003
    5,186
    #55 WCH, Mar 13, 2015
    Last edited: Mar 13, 2015
    Another reason I think Sauber has acted out of desperation, to stay in the game. MK may well have thought she could negotiate with Geido.

    As a lawyer, Kaltenborn knows it's a huge step from contract to enforcement. Perhaps not as huge a step as she'd hoped. My bet is that Sauber knew and took the risk of litigation with Giedo, because they had no other option.

    I think a seat fitting is as close as Giedo will get to driving a Sauber.

    My first reaction to this situation was to wonder how Sauber could be so stupid. But they are not stupid. They intentionally ignored Giedo's contract to raise capital. They hoped they could clean up their mess later. They misjudged Giedo, it seems.

    Just my guess, fwiw.
     
  6. JWeiss

    JWeiss F1 World Champ
    Owner Silver Subscribed

    Nov 18, 2010
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    JWeiss
    If this is pretty much correct (and I suspect it is), then great job by Giedo's team in timing their move to put Sauber in the weakest possible position.
     
  7. tervuren

    tervuren Formula 3

    Apr 30, 2006
    2,469
    As an outsider, I just honesty, and integrity wins out here.

    Uphold your contract, work it out to the parties satisfaction to bail out, or get out of the business.
     
  8. william

    william Two Time F1 World Champ

    Jun 3, 2006
    27,890


    I think Van de Garde's career is finished anyway, and that's why he tries to make some mileage with his contract with Sauber. Apart from a tentative test contract last year, the guy hasn't be seen in a race car for some time now.

    Van de garde is acting on behalf of his father-in-law and backer, who hinted that he was interested in buying a F1 team.

    VdG's alleged contract gives his backer enough leverage to put Sauber on the ropes financially, and maybe bid for the team if it goes down. Sauber's finances are not really healthy.
     
  9. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
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    Enzo Gorlomi
    From GvdG Facebook page:

    With respect to the interest of motorsport, and F1 in particular, I have decided to give up my legal rights to race this weekend at the Melbourne Grand Prix.

    As I am a passionate race driver this decision has been very difficult for me.

    However I also wish to respect the interest of the FIA, Sauber Motorsport, as well as Nasr and Ericsson.

    My management will continue talks with Sauber early next week to find a mutually acceptable solution for the current situation that has now arisen.

    I am confident such solution will be found and I will inform the media once done.
     
  10. Kiwi Nick

    Kiwi Nick Formula 3

    Jun 13, 2014
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    Jeff
    Distraught, dubious Dutch dilettante.
     
  11. Bob Baldwin

    Bob Baldwin Rookie

    Mar 13, 2015
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    Bob Baldwin
    In the whole picture of things in F-1 8 Million $$$ is Pocket change LOL

    "BUYER BE WARE " VERY SAD REALLY
     
  12. NJB13

    NJB13 Formula 3

    Jan 5, 2013
    1,317
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    Norm

    Ahh, so he couldn't get his super license in time
     
  13. trumpet77

    trumpet77 Formula 3

    Jun 13, 2011
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    Robert Nixon
    I don't know all the details, but if someone wanted to buy a team, they had their chance with Caterham, Manor, or submitting a new team entry a la Haas. Any of those would probably be easier to accomplish than somehow bankrupting Sauber and then buying them.
     
  14. DF1

    DF1 Three Time F1 World Champ

    Giedo van der Garde reaches Sauber contract settlement

    Giedo van der Garde has reached a settlement with Sauber following a legal dispute over his contract with the Formula 1 team.

    The 29-year-old issued a statement saying his contract has been "ended by mutual consent".

    A court in Australia backed the Dutch driver's claim he had a valid contract before his dismissal last season.

    "This dream has been taken away from me and I know that my future in Formula 1 is probably over," he said.

    Van der Garde dropped his legal action last week to allow Sauber to race at the season-opening Australian Grand Prix with drivers Marcus Ericsson and Felipe Nasr.

    More to follow. BBC Sport - Giedo van der Garde reaches Sauber contract settlement
     
  15. ginge82

    ginge82 Formula 3

    Jul 23, 2012
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    Art Corvelay
    They took his money, tried to screw him over and now have a 15 million euro bill to show for it.

    There isn't much justice in F1, but this one instance is pretty sweet.
     
  16. toil

    toil F1 Rookie
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    Apr 23, 2014
    3,534
    anyone know how much the points they hauled in australia would be worth money wise? wonder if they will stay afloat...

    VDG's sponsors paid them 8m euro so guess its 7m profit there ;) wonder how much of it VDG gets. He wouldve only been salaried for maybe 200k euro but may have a few million. Nice way to retire because he probably isnt all that wealthy
     
  17. trumpet77

    trumpet77 Formula 3

    Jun 13, 2011
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    Robert Nixon
    If nothing else, maybe now he has enough millions of dollars/euros to buy a seat at LeMans or elsewhere

    Here is the statement released by Giedo on his Facebook page!

    Giedo van der Garde statement:

    ‘We have reached a settlement with Sauber and my driver contract with the team has been ended by mutual consent. As a passionate race driver, I feel sad and am very disappointed. I have worked very hard my entire career, ever since starting with go-karts at the age of eight, to live my dream and become a successful Formula One driver. I had hoped at last to be able to show what I am capable of, driving a car for a respected midfield team in the 2015 season. This dream has been taken away from me and I know that my future in Formula One is probably over.

    I had a valid driver contract for the entire 2015 season and enforceable rights to it. I pushed very hard until last Saturday in Melbourne to get the drive that I was entitled to. This legal process started in 2014 and has taken a great deal of effort. It was never a last minute thing, but it only became public in the last week when we tried to force the team to accept the rulings of a succession of legal authorities and courts.

    I am a race driver and all I want is to race. However, the team principal was adamant not to let me drive, notwithstanding my legal rights to do so and a series of rulings and court orders in my favour and despite my race driving abilities. I will never understand this. I could have persisted, but the team principal had taken a decision contrary to my contract that she would not work with me and this became painfully clear in the paddock in Melbourne. To push on against this determination might have brought down the team, it would most certainly have wrecked the opening Grand Prix in Melbourne because the team´s cars would have been seized by the court, it may have ruined the careers of two young drivers Marcus Ericsson and Felipe Nasr. Possibly the team´s directors would even be taken into custody. I decided I did not want to live with that idea, even though it was only the team’s management that was responsible for the bizarre situation I found myself in.

    I am very grateful to my fans and many friends in Formula One who have given me a lot of support during the last couple of months. This period has been very difficult for me especially since I could not talk to anybody about the pending proceedings. Last week, many drivers on the grid gave me their support and several of them did so openly in the media as well. The same goes for several leading figures in the paddock who include team bosses and reputable former Formula One drivers. I thank them as well.

    My future in motorsport has not finished: on the contrary, I see this as a new beginning. I will sit down with my management in the coming weeks to discuss my future plans. I would love to take part in the WEC and the Le Mans 24 Hours in an LMP1 car. Former Formula One drivers do very well in this series. We also have our eye on other series such as the DTM in 2016 and beyond.

    There has been a lot of speculation in the media over the past week, so I want to set out clearly that my sponsors paid the sponsorship fee related to the 2015 season in its entirety to Sauber in the first half of 2014. This was simply in good faith and to help the team deal with its cash problems at the time. Effectively, it was my sponsor’s advanced payments that helped the team survive in 2014.

    Sauber’s financial decision-making in this case is bizarre and makes no sense to me. I am not at liberty to discuss details, but Sauber paid significant compensation to avoid honouring the contract they had with me. Only in that respect can I be satisfied that my rights have finally been recognised and that at least some justice has been done.

    I want to thank McGregor for sponsoring me from the time I won the Formula Renault 3.5 Ltr. Series in 2008. I hope we can continue to build on this as my motorsport career goes forward in other series.

    I want to thank my family, my father Gerrit and my wife Denise in particular, for their tireless support throughout the years that I have been chasing my Formula One dream. The last couple of months have been especially hard for me but they have always stood by me. Of course, I also want to thank my father-in-law, Marcel Boekhoorn, who has been a great supporter during my entire career through the motorsport ranks. Without him, I would not have got this far.

    I also thank Jeroen Schothorst and Jan Paul ten Hoopen for managing my career and business affairs since 2008 and in particular for their unconditional support during these last four and a half months. I also extend thanks to my legal advisor Gijs Rooijens and the law firms, Druces, Blackstone Chambers and King & Wood Mallesons (Australia), that worked very hard and enthusiastically – sometimes literally day and night and during weekends – to fight for my rights.

    Finally, I would like to direct a few words to the teams, drivers, future drivers, their managers and the Formula One governing bodies. I sincerely hope that what has happened to me will start a movement aimed at setting new standards and bringing about new regulations to help protect the rights of drivers. I would like to think that the values and business ethics that apply in any other business should be equally applicable in Formula One. I am lucky to have had Marcel and Jeroen on my side. Both of them have extensive backgrounds in business and bring a lot of expertise to the table when it comes to resolving complicated business affairs. Without them, I would have remained empty-handed in the wake of this extraordinary affair. There are numerous examples of talented drivers with good intentions but without the sort of professional support that I have had, who have been broken by Formula One and who have seen their careers destroyed. I therefore hope that my unprecedented case which was heard last week by the Supreme Court of Victoria at Melbourne will serve as an example to illustrate what should change, and that new regulations will be implemented to help protect driver rights.’

    For more information and questions, please send an e-mail to: [email protected]
     
  18. Kiwi Nick

    Kiwi Nick Formula 3

    Jun 13, 2014
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    Jeff
    The nice part is having a father-in-law who is worth almost $2,000,000,000 and has been willing to "support" your dream of racing cars, either directly or through companies he controls. So, all things considered (like his driving ability), Giedo has been very, very lucky.
     
  19. trumpet77

    trumpet77 Formula 3

    Jun 13, 2011
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    Robert Nixon
    and Sauber responds by not wanting to have a discussion on Facebook:

    Dear Sauber F1 Team fans,

    Many of you read today’s statement on Giedo van der Garde’s Facebook page. So have we and we were, indeed, rather surprised. We don’t know about Giedo’s intentions. He may try to present himself as a winner, while we had actually hoped to come to rest after our agreement. Giedo decided to take a different approach – the reasoning behind we cannot understand.

    We’d have very good answers to the many statements and accusations in Giedo’s post. But to expand on this wouldn’t help our race team nor our fans and partners. It would only encourage a mud fight via the media and we will not lend ourselves to that. The next race in Malaysia is where our focus is and that’s where we will build up on last weekend’s success together with our drivers Marcus Ericsson and Felipe Nasr. All our efforts are drawn to this objective.

    With this in mind we’d like to encourage you to form your own opinion about what happened, however critical it may be. From our side we herewith close the matter and look already forward to celebrating future achievements at the race track together with you.

    Yours sincerely,
    Sauber F1 Team

    ‪#‎LetsRaceNotFight‬
     
  20. nsxrebel

    nsxrebel Formula 3

    Jan 8, 2004
    1,907
    It all depends on where they end up when the season is over.

    If they don't score any more points for the rest of the season, and the other teams outscore them, then the points are worth nothing, especially if they were to come in last. I forget what the constructor money breakdown is.
     
  21. Fast_ian

    Fast_ian Two Time F1 World Champ

    Sep 25, 2006
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    Ian Anderson
    +1

    As I inderstand it, Bernie money is paid *way* in arrears after the season. That he's paid a couple of them their 2014 money already is 'unusual'.

    They'll get something. Bernie pays down to 10th place in the WCC. Given we only have 10 teams, assuming Manor can get their S/W running, they'll all get paid for 2015 sometime in 2016.

    The exact breakdown isn't public knowledge, but theres been some pretty good estimates over the years. I'll see if I can find the table Scarbs (?) did a while back - it's been posted here before, but search sucks......

    Cheers,
    Ian
     
  22. nsxrebel

    nsxrebel Formula 3

    Jan 8, 2004
    1,907

    I meant the points would be worth nothing if they didn't score anymore points the rest of the season and they came in last and there were more than 10 teams.

    You're right about 10th place still getting paid in the WCC.
     
  23. TifosiUSA

    TifosiUSA F1 Veteran

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    DJ
    Does Sauber really think anyone takes them seriously after this mess?
     
  24. Craigy

    Craigy Formula 3

    Mar 19, 2006
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    Craigy
    They seem to think that if they act like we all take them seriously, then we somehow will. :D
     
  25. Kiwi Nick

    Kiwi Nick Formula 3

    Jun 13, 2014
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    Jeff
    As is always true in cases like this, Sauber would have been well served to keep their mouths shut. They did themselves no favors, while only pointing up the fact that this was a really, really bitter episode.
     

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