Tracy sues Forsythe

UPDATE #2 The lawsuit, filed last week in U.S. District Court in Chicago, claims Tracy is owed more than $2.3-million as per his contract at the time Forsythe Racing ceased operation in the former Champ Car series.

In the complaint, Tracy's attorney claims the racer's contract called for a $1-million buyout to be paid in the event the team ceased operation in Champ Car. Terms of Tracy's contract also show that he was to have been paid $2.25-million for the 2008 Champ Car season, plus any bonuses. However, Tracy says he's been paid for February, March and April and nothing since.

Tracy's lawsuit did not specify any specific monetary damage, calling instead for compensatory as well as other damages.

No date has been set for the lawsuit and Forsythe has yet to respond to allegations.

"Forsythe has, since at least late 2007, engaged in a pattern of conduct to injure .. the career of Paul Tracy in the sport of automobile racing", claims the lawsuit.

The lawsuit claims a Termination Fee would be "payable in the event that Champ Car dissolved and Forsythe Racing chose to cease operations rather than race in an equivalent series".

10/03/08 AutoRacing1.com has obtained a copy of the lawsuit (PDF) for your reading pleasure. The lawsuit is for much more than the $75K we originally thought, and in the millions.

10/03/08 Paul Tracy has filed a major lawsuit in Illinois Northern District Court against his former Champ Car boss Gerald Forsythe. The exact details of the lawsuit are unknown but it is believed to be based on Forsythe terminating Tracy's contract early.