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Sponsor Sues De Vries for Coming to Formula 1 a Year Late

Nyck De Vries is facing legal action in the Netherlands over a $270,000 loan that would have been wiped if he didn’t make it to Formula 1 by 2022.

Biggest needs, realistic signings for Europe's top clubs in January

Atletico were all too happy to terminate Costa s contract in December. The 32-year-old struggled to stay fit during his second spell with the club, scoring just 12 league goals in three-and-a-half seasons. Now, Atletico have to ask themselves if they can sustain a title challenge without a backup for Luis Suarez. Marcos Llorente has done an admirable job in a makeshift supporting role, and Joao Felix remains an attacking threat, but Real Sociedad s Willian Jose would offer a neat solution off the bench. The only problem is his €70-million release clause. Barcelona Realistic targets: None Barcelona lack the funds to make a significant move in January s transfer window. They lost €300 million due to the pandemic and needed the players to defer a large chunk of their salaries. Barcelona s presidential elections also take place on Jan. 24, and the results could drastically alter the team s future. Carles Tusquets, the club s interim president, doesn t have the authority to make ex

Ferrari CEO Louis Camilleri retires 'with immediate effect'

Ferrari CEO Louis Camilleri retires with immediate effect CNN 12/11/2020 By Peter Valdes-Dapena and Valentina Di Donato for CNN Business © Marco Canoniero/LightRocket/Getty Images Louis Camilleri in the Ferrari paddock during the Formula One Grand Prix of Italy. Ferrari chief executive Louis Camilleri has retired with immediate effect, the company announced late Thursday. Popular Searches Camillieri, who is stepping down as both CEO and a member of the board of directors, cited personal reasons for the decision. Camillieri had been hospitalized with coronavirus, but has since recovered and returned home, according to people familiar with the situation. Ferrari s executive chairman John Elkann will take over as acting CEO while the board of directors begins a search for a successor, the company said in a statement.

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