Brazilian Antonio Pizzonia intends to sue the Jaguar Racing team and sponsors HSBC, sources told Atlas F1 today.
The Ford-owned squad replaced 22-year old Pizzonia before the end of his contract after the rookie had a torrid time in the first 11 races of the season.
Jaguar had already tried to replace him as far back as April with McLaren's Austrian test driver Alexander Wurz, but Briton Justin Wilson ended up taking Pizzonia's seat in July, before the German Grand Prix.
Sources told Atlas F1 at the Monza circuit today that Pizzonia is now looking for compensation from Jaguar for breaking his contract, but also from HSBC for misuse of his property rights.
Property rights allow a team or sponsor to use a driver's image during a certain period of time. According to the sources, Pizzonia claims that HSBC used his property rights before the start date that was stipulated in his contract with Jaguar.
Pizzonia's management was willing to overlook the infringement while he continued driving for Jaguar, but since he was fired, the Brazilian wants compensation for that as well.
The sources said Jaguar made Pizzonia an offer for a settlement but the driver's management turned it down claiming it was "not good enough". Therefore, Pizzonia now plans to file a lawsuit to the High Court in London in the next coming weeks if he fails to reach an agreement with Jaguar and HSBC.
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