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Statement: Daniel and Glenn wish each other well

Renault driver Daniel Ricciardo has settled a $12-million lawsuit with his former manager who was involved in the Australian's mega-bucks move away from Red Bull to the French team. In July, we reported that Glenn Beavis was suing Ricciardo for a slice of the deal to move from his alma mater to Renault. It subsequently emerged that Ricciardo's 2019 and 2020 contract with Renault is worth a staggering $60 million, and that Beavis was claiming 20 per cent for his efforts. In a statement released by both parties, they confirmed: 'Daniel Ricciardo and Glenn Beavis are pleased to confirm that they have reached an amicable settlement over the amounts due to Glenn and thus bringing to an end the...
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