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Old 10-02-2006, 02:54 PM   #1
Kdgjhytiy

Join Date
Oct 2005
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441
Senior Member
Default DaimlerChrysler wins in lawsuit
Davis loses Dodge lawsuit UPDATE: hearing the breach of contract lawsuit between DaimlerChrysler and Bill Davis Racing has been won by DaimlerChrysler/Dodge.(2-9-2006)
UPDATE: DaimlerChrysler won a $6.5 million judgment Thursday against Bill Davis Racing in a breach of contract dispute in U.S. District Court in Detroit. A 7-member jury deliberated 4 hours after a 17-day trial before awarding the judgment to the Auburn Hills carmaker, which alleged that the North Carolina-based race team violated a six-year contract in 2003 by passing confidential Dodge Motorsports technology, parts and information to Toyota. The automaker said Bill Davis Racing helped Toyota develop a prototype Tundra racing truck for NASCAR.s Craftsman Truck series at the same time Davis was under contract to prepare DaimlerChrysler stock cars for the Winston Cup Series, now the Nextel Cup Series. After terminating its contract and suing Davis in federal court, DaimlerChrysler said it learned that Davis had signed a contract in February 2003 to provide a car to General Motors for the Winston Cup Series. DaimlerChrysler said both competitors used the information to develop engines for the Craftsman, Nextel Cup and Busch racing series. Bill Davis Racing denied the charges, countersued and sought $8.5 million to $9.8 million from DaimlerChrysler for breach of contract. The jury gave DaimlerChrysler what it asked for, $6.5 million. U.S. District Judge George Steeh gave Bill Davis Racing three weeks to file post-trial legal briefs, which could include a request to set aside the verdict. The company.s lawyer declined to comment on the verdict.(Detroit Free Press)(2-9-2006)
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