Daniel Ricciardo is facing a claim of more than £10m in alleged unpaid representation commissions from his former manager, Glenn Beavis.
Mr Beavis has filed a claim in the High Court in London alleging Ricciardo has not paid him commissions owed since his move to Renault from Red Bull at the end of last season. The move saw Ricciardo's salary rise to more than £20m.
Mr Beavis' claim is that he had a representation agreement with Ricciardo that entitled him to earn 20% commission on the value of all new deals (he) introduced and which were subsequently concluded. Mr Beavis claims he started negotiations on Ricciardo's behalf with Renault Sport in mid-2017, which continued into 2018 before heads of agreement were agreed on 2 August 2018.
Beavis' lawsuit says Ricciardo told him on 15 December 2018 that he wanted to terminate their agreement but it was agreed that Beavis continue because "there were various outstanding matters to be dealt with first, including negotiating the long form of the Renault driver contracts". Beavis' claim says he continued working with Ricciardo until 31 March and that the long-form contract was concluded on 7 March, a week before the first race of this season.
Ricciardo's lawyer has not yet filed his defence and says he has until the end of July to do so.
Ricciardo's lawyer, Jeremy Courtenay-Stamp of Ebury Partnership, said there was "no merit" in the claim and added: "We are going to defend it fully."