After being let go by Red Bull, Scott Speed filed a lawsuit for wrongful termination. As part of that suit, Speed has obtained a lien against Red Bull's race shop.
Why? According to Speed's lawyer William Bray, it's because of the news of Red Bull's departure from the Sprint Cup Series.
"It certainly appears to us, looking at the many options Red Bull has discussed, that one of them may well entail the sale of its assets," Bray said. "We're simply trying to ensure Scott is able to collect should his lawsuit prevail."
Red Bull can contest the order, but as of Friday had not done so.
Through a spokesperson, the team declined to comment.
Speed's lawsuit against the team is for $6.5 million; the property the shop sits on was purchased for over $3 million.
Red Bull brought Speed over from Formula 1 in 2008. But the experiment never quite worked. Speed won just one race — in the Camping World Truck Series. When Kasey Kahne, on loan from Hendrick Motorsports, joined Red Bull for the 2011 season, Speed was left as the odd man out.
Upon termination, Speed filed a lawsuit citing breach of contract. Red Bull sought to have the case dismissed, but in March a North Carolina judge denied the request.
- Red Bull
- Scott Speed