AlphaTauri F1 driver de Vries is facing a lawsuit by a Dutch real estate magnate for a loan of €250,000 during his junior career. Full story:
But de Vries is now being sued through the Dutch courts by Jeroen Schothorst, who claims the AlphaTauri driver withheld information and breached agreements relating to a loan agreement in 2018., de Vries took out a €250,000 loan from Schothorst's investment company, Investrand, to help secure an F2 seat with Prema in 2018.
This agreement allegedly came charging 3% interest per year as well as a cut of future income from F1 activities. It also stated the loan would be waived if de Vries was not an F1 driver in 2022. De Vries paid €190,000 in interest to Schothorst, but because he did not have an F1 deal in place for 2022, he was under the assumption that the loan would be written off as per the agreement.
But Schothorst claimed in court this week that de Vries had failed to provide the required information about his earnings and contracts during the term of the loan, and is now requesting those details, including those relating to his AlphaTauri F1 deal.
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