Etihad Airways and Aldar Properties have to pay Force India $4.683million in damages after breaking their sponsorship agreements.
The companies signed as sponsors when the team was known as Spyker in 2007, although when the team was bought by Vijay Mallya who renamed it Force India and brought in his Kingfisher airline’s sponsorship, they pulled out of their deal.
The matter was taken to court this week. Etihad now sponsor the Ferrari F1 team.
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