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McLaren and WilliamsF1 to sue lawyers

NEWS STORY
06/12/2004

It's understood that McLaren and WilliamsF1 are taking action against law firms Linklaters and Baker & McKenzie (B&M), claiming negligence.

It's believed that the two teams are claiming that they were badly advised when Bernie Ecclestone was looking to sell a large slice of Formula One in the late-90s.

The claim form states: "In negotiating with Mr Ecclestone and/or the (Ecclestone Family) Trusts, and in preparing the relevant agreement dated 22 May 1998, the defendants acted negligently and in breach of their contractual and/or tortious duties, with the result that when the Trusts disposed of the commercial rights in 1999-2001 the teams were not entitled to and/or did not receive any share in the relevant proceeds."

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