Williams-Waltrip settle Coughlan dispute
13 October, 2011
Oct.13 (GMM) Williams has amicably settled a legal dispute with NASCAR team Michael Waltrip Racing.
In July, the NASCAR team alleged breach of contract when Oxfordshire based Williams signed Mike Coughlan as its new chief engineer.
Michael Waltrip Racing claimed Coughlan’s deal was set to run through 2012.
Williams announced on Thursday that the parties have “reached an amicable solution”.
“Waltrip is a super team competing in a fantastic sport — the best thing for me is that as part of the deal I will get to see my first NASCAR race,” said team boss Sir Frank Williams.
Michael Waltrip Racing, Mike Coughlan and Williams F1 have today confirmed that they have reached an amicable solution to the dispute arising out of Mike Coughlan joining Williams.
Co-owner of Michael Waltrip Racing, Rob Kauffmann, stated: “I have always been an admirer of Frank Williams and his team and am delighted that we have found a good way forward. I wish the team well with its move back to the front of the F1 grid and am sure that Mike Coughlan can make a big contribution with that.”
Founder and Team Principal of AT&T Williams Frank Williams said, “We are grateful to Rob for working this problem out with us. Waltrip is a super team competing in a fantastic sport – the best thing for me is that as part of the deal I will get to see my first Nascar race.”