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McLarenPalou Damages Trial Opens in London

The judge will set a financial remedy after Palou admitted breaching a 2022 agreement to join McLaren.

Overview

  • McLaren is seeking about $19.7–$20 million in losses according to Reuters, while other filings reported by media place possible damages closer to $30–33 million.
  • Palou’s lawyers accept a breach but argue McLaren overstated and mitigated its losses, asserting he owes nothing.
  • Court filings say the claims center on sponsorship impacts, including nearly $23 million tied to NTT and almost $7 million in other prospects, plus driver salary adjustments and testing costs.
  • Palou and McLaren CEO Zak Brown are slated to give evidence, with the judge-led proceeding expected to run into November.
  • McLaren says Chip Ganassi Racing has agreed to cover any judgment, as Palou has continued to win titles with Ganassi after opting to stay with the team.