Schumacher Might Appear In Court for Willi Weber
20 Jul 2010, 07:16 UTC · By: Ovidiu Panzariu / Michael Schumacher could be called as a witness in a Stuttgart court in the next few weeks. And it's not because of something he did, but because of something his former manager Willi Weber mig...
HRT F1 Owner's Assets Frozen by Spanish Court
7 Jul 2010, 10:08 UTC · By: Ovidiu Panzariu / Not scoring a single point in this year's Formula One championship and not having at least the prospect of scoring it until the season end – unless 12 cars fail to finish the race and a H...
Schumacher's Former Manager Faces Jail on Embezzlement Charges
6 Jul 2010, 06:09 UTC · By: Ovidiu Panzariu / Prior to the start of the 2010 season, when Michael Schumacher decided to part ways with his long-time manager Willi Weber, a lot of people were wondering what was on the 41-year old's mind at ...
Visteon Gets More Time to Seek Reorganization Plan
14 May 2010, 12:57 UTC · By: Daniel Patrascu / After late last week bankrupt American supplier filed an amended reorganization plan, the US Bankruptcy Court for the District of Delaware granted the company more time to win support for the strong...
Schumacher's Manager Risks Jail Time in German Court
15 Apr 2010, 08:58 UTC · By: Ovidiu Panzariu / Willi Weber may be a successful racing manager – as his collaboration with Michael Schumacher is sole proof of that – but the German is certainly experiencing some tough times outside th...
Mercedes-Benz to Pay $482,000 to US Customer
8 Mar 2010, 09:20 UTC · By: Alex Vasile / A court from Madison, Wisconsin, has just decided that Mercedes-Benz USA LLC has to pay $482,000 in damages and legal fees to a Wisconsin customer who bought a defective car and did not get a refund...
Hyundai Chairman Ordered to Pay $60M for Bad Management
9 Feb 2010, 11:34 UTC · By: Daniel Patrascu / Being chairman of a big automaker is not the safest, most lucrative job in the world, as Chung Mong-koo found out today, after the Seoul Central District court decided to make him pay $60 million in...
Federal Court Clears NASCAR of Antitrust Violation Claims
14 Dec 2009, 08:18 UTC · By: Daniel Patrascu / Following a complaint filed by the Kentucky Speedway in which NASCAR and the International Speedway Corporation (ISC) were accused of violating federal antitrust laws, by keeping the Kentucky off t...
Briatore, FIA to Learn Fate on January 5
25 Nov 2009, 11:52 UTC · By: Ovidiu Panzariu / Flavio Briatore attended the proceedings of the Paris' Tribune de Grande Instance on Tuesday, alongside former colleague Pat Symonds, in an effort to restore his image after his involvement in ...
SsangYong Still on Track to Survive
9 Nov 2009, 10:57 UTC · By: Bogdan Popa / The South Korean carmaker SsangYong still has chances to survive in spite of the local court's decision to delay the verdict on the recovery plan until December 11. Curiously, Paul Williams, ma...
30,000 People Sign Petition to Save Spa-Francorchamps
4 Nov 2009, 10:57 UTC · By: Ovidiu Panzariu / The Belgian fans of Formula One have taken a strong stand regarding the safeguarding of the Spa-Francorchamps circuit. According to recent reports from Belgium and France, a local court “recen...
Official: Briatore Fights FIA Ban in Paris Court
19 Oct 2009, 16:48 UTC · By: Ovidiu Panzariu / It is now official that former Renault manager Flavio Briatore will fight the lifetime ban imposed by the FIA following the crash-gate. The International Automobile Federation (FIA) suspended the 59...
Fiat Faces Lawsuit from Great Wall Motor Co.
11 Oct 2009, 09:26 UTC · By: Alexandru Radu Chis / Chinese car maker Great Wall Motor Co. Ltd. officially stated on Friday it is preparing to fill a complaint to Fiat Auto S.p.A.'s headquarters in Italy. Great Wall Motor accuses Fiat of ste...
Renault Drop Criminal Proceedings Against the Piquets
23 Sep 2009, 13:12 UTC · By: Ovidiu Panzariu / After being proven guilty of race fixing by the World Motor Sport Council (WMSC) on Monday, French manufacturer Renault today confirmed that it has withdrawn all criminal procedures against triple F...
Cooper-Standard Gets Interim DIP Approval
7 Aug 2009, 10:46 UTC · By: Daniel Patrascu / After it announced at the beginning of the week its filing for bankruptcy protection, American automotive supplier Cooer-Standard Automotive received yesterday, together with its US and Canada subsi...
Bourdais and Toro Rosso Reach Amicable Settlement
7 Aug 2009, 06:59 UTC · By: Ovidiu Panzariu / Sebastien Bourdais will no longer issue a legal procedure against his former team Scuderia Toro Rosso, following his ousting from Faenza prior to the Hungarian Grand Prix. After initially finding ou...
GM Awaits Its Fate
3 Jul 2009, 10:44 UTC · By: Daniel Patrascu / All that could be done has been done... The three day long hearing of GM's case in bankruptcy court ended and now the American manufacturer is awaiting the approval of assets sale over to the n...
D-Day for Chrysler
5 Jun 2009, 07:17 UTC · By: Daniel Patrascu / As we told you in our previous reports, a US federal appeal court will hear today the case of a group of Indiana pension funds against the projected sale of Chrysler's assets over to the new co...
Chrysler Sale Challenged, Delay Possible
3 Jun 2009, 14:06 UTC · By: Daniel Patrascu / As was to be expected, the sale of Chrysler's assets to the new company will be anthing but smooth. The sale process, already approved, has been challenged by a group of Indiana pension funds t...
Court Approves Sale of Chrysler's Assets to Fiat - Nardelli's Reaction
1 Jun 2009, 13:52 UTC · By: Bogdan Popa / As we told you earlier this day, the United States Bankruptcy Court Southern District of New York okayed the sale of Chrysler's assets to a new entity formed with Fiat, which means the American...