Sharp and RLR settle out of court
Scott Sharp and Rahal Letterman Racing have resolved their legal dispute with an out of court settlement
Rahal Letterman accused Sharp and his sponsor Patron of breaking a multi-year contract after the American chose to leave the IndyCar Series team to join Highcroft Racing in the American Le Mans Series this season.
But the two parties have now reached an agreement out of court.
"We are pleased to put this mutually unpleasant matter behind us. We now can look forward to the start of what promises to be a successful 2008 season." said Rahal Letterman Racing co-owner Bobby Rahal.
"I appreciate Scott's and Patron's commitment to creating a fair and equitable settlement in this matter and I wish both (Patron president and CEO) Ed Brown and Scott the best of luck in their racing endeavours this season."
Brown said Patron and Sharp were also pleased to have resolved the matter.
"We're glad that Rahal Letterman Racing and Scott Sharp were able to mutually agree upon a settlement and move forward," he said Ed Brown.
"Bobby Rahal, not to mention the entire Rahal Letterman organisation, is one of the premier names in motorsports - we have a tremendous amount of respect for their professionalism and talent, and we wish them a successful 2008 IndyCar season."
After losing Sharp and his backers, Rahal have scaled down to a one-car IndyCar operation for Ryan Hunter-Reay this year.
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