De Vries in legal dispute ahead of full F1 debut.
Ahead of his first full Formula 1 season, Dutch rookie Nyck de Vries has found himself at the centre of a legal dispute.
19 Jan 2023, 06:13
Grandpx.news

The supposed terms of the deal involved payment of 3 percent interest per year, plus 50 percent of de Vries’ earnings once he got to Formula 1. Reportedly, the loan would be waived if de Vries did not make it to Formula 1 by the end of 2022, prompting the dispute.

In reality, the Dutch driver made his one-off grand prix debut at Monza last year, in the ill Alex Albon’s place. That performance attracted the attention of Dr Helmut Marko, who decided to sign de Vries for the full season at Red Bull-owned Alpha Tauri this year. According to de Vries’ lawyers, he reportedly repaid about EUR 190,000 to Schothorst while test driver at Mercedes.

The Alpha Tauri driver’s lawyer, meanwhile, said de Vries made a proposal to repay the full loan in addition to the EUR 190,000 already paid, which was rejected by Schothorst. The Amsterdam court is set to issue the judge’s ruling in writing on 3 February, with Schothorst having demanded the full disclosure of de Vries’ contracts between 2018 and 2022.

‘50 percent of de Vries’ earnings’;

https://grandpx.news/de-vries-in-leg...full-f1-debut/


De Vries sued by former investor who helped fund F1 career
Thursday 19 January 2023 09:03
Sam Hall
GPFans

Dutch newspaper De Telegraaf has now reported that this outing has caused De Vries legal problems, with real estate millionaire Jeroen Schothorst demanding considerable remuneration for investments in the 27-year-old's junior career.

It is reported that Schothorst lent EUR 250,000 to De Vries through his Investrand investment company in 2018 to fund an F2 campaign. In the summons issued after Schothorst initiated proceedings, it is indicated that the loan to De Vries would accumulate three percent interest per year with a payment of fifty percent of income from his F1 activities.

If De Vries had not made it to F1 by the end of 2022, it is reported that this loan would have been waived. So far, De Vries has repaid almost EUR 190,000 due to his activities as a test and reserve driver.

‘De Vries sued’;

https://www.gpfans.com/en/f1-news/99...legal-dispute/


Nyck de Vries reveals huge family sacrifice as he finally gets to live his F1 dream
After a longer wait that he would have hoped for and many years of hard work and sacrifice, de Vries will finally race regularly in Formula 1 this season with AlphaTauri
21:41, 16 Jan 2023
By Daniel Moxon F1 Writer
The Mirror

It has been a long time coming for Nyck de Vries, but this year will be the first in which he is finally a regular fixture on the Formula 1 grid.

The first race of the season in Bahrain won't be his debut – that came unexpectedly at Monza last year, and gave him the opportunity to shine that he grasped with both hands. That cameo for Williams in Italy went a long way in helping the Dutchman to finally live out his F1 dream.

After all, De Vries has been waiting a long time. He went through the same rigorous process every young driver experiences as he worked his way up the junior formulae, but even after winning the 2019 Formula 2 championship there was still no place in the top category for him.

‘Huge family sacrifice’;

https://www.mirror.co.uk/sport/formu...tauri-28970839


'Max is my big brother in the F1 paddock', says de Vries
15/01/2023 at 15:11
Andrew Lewin
F1i.com

Ahead of his first full season in Formula 1, Nyck de Vries has been talking about his close relationship with Dutch compatriot and fellow world champion Max Verstappen.

"Max and I have known each other since a very young age as we grew up karting at a similar time, although we’ve never actually raced against each other," de Vries said in an AlphaTauri website Q&A session.

"We have a great relationship, the way we grew up in racing, with our fathers being very involved and karting through Europe has been very similar and we have a great respect for each other.”

'Max is my big brother’;

https://f1i.com/news/464202-max-is-m...-de-vries.html


Nyck de Vries opens up on ‘big brother’ Max Verstappen
Nyck de Vries will replace Pierre Gasly at AlphaTauri this season, with the Frenchman moving further up the grid to join Alpine.
14 January 2023
by Jack Devonport
Formula1News

“Max and I have known each other since a very young ages, as we grew up karting at a similar time, although we’ve never actually raced against each other,” he said.

“The first time we actually raced together was in Monza last year, and we happened to be next to each other on the grid, so that was amazing.”

“We have a great relationship, the way we grew up in racing, with our fathers being very involved and karting through Europe has been very similar and we have a great respect for each other. We’re obviously from the same country, speak the same language and we just get along.”

‘Big brother’ Max Verstappen’;

https://formula1news.co.uk/nyck-de-v...ax-verstappen/