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2015-03-18 09:47

CAUGHT AT COURT: Dutch Formula 1 driver Giedo van der Garde (centre) and his lawyers arrive at court in Melbourne on March 11 2015 where a judge gave him the right to a drive. Image: AFP / Mal Fairclough

AMSTERDAM, The Netherlands - The Giedo van der Garde camp could be about to issue details of a compensation package agreed with the Sauber Formula 1 team for the driver's lost drive in Melbourne.

The battle between the Dutch driver and his backers and the struggling Swiss team was fought in a Melbourne court but suddenly ended before qualifying for the 2015 season-opener.

Some sensed the intervening hand of Bernie Ecclestone, others looked to the deep pockets of Peter Sauber, or Felipe Nasr and Marcus Ericsson's concerned backers.


Another rumour was that Van der Garde's main backer, billionaire father-in-law Marcel Boekhoorn, would end up owning a stake in the 22-year-old F1 team.

Dutch media reports on Tuesday suggested the financial compensation package amounted to the equivalent of about R185-million - the full cost of Van der Garde's 2014-2015 contract, plus legal costs.

The driver's manager, Jan-Paul ten Hoopen, told De Telegraaf newspaper: "Wednesday (March 18) or the day after,"  "we will publish information."

A spokesman for Sauber, meanwhile, told a Swiss broadcaster, Schweizer Radio und Fernsehen, on Tuesday: "We are pleased that the matter is settled. As to the details, we cannot comment for reasons of confidentiality - and we will not engage in speculation."

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