Henkel settles its dispute with Brawn GP
The German company Henkel and Brawn GP have settled their dispute. All claims will be dropped. Henkel earlier this month said that the 90 million euros contract, set by a former employee of the 2009 world champion team, was invalid. The case has been the subject of a legal dispute. However, the team, which has […]
The German company Henkel and Brawn GP have settled their dispute. All claims will be dropped. Henkel earlier this month said that the 90 million euros contract, set by a former employee of the 2009 world champion team, was invalid. The case has been the subject of a legal dispute.
However, the team, which has been acquired by Mercedes-Benz, announced on Tuesday that the dispute had been settled on the basis of a mutual agreement: « Brawn GP announced today that the disputes between Henkel and the Brawn GP team itself, regarding a sponsorship deal, had been resolved with a mutual agreement, » the team announced in a statement.
« All requests will be removed. As a result, all legal proceedings will be withdrawn. The new Formula 1 team Mercedes GP Petronas, in collaboration with their colleagues from the former Formula 1 team Brawn GP, will continue to cooperate with the Prosecutor’s Office to help clarify the matter. »
