Montreal Has To Pay $3,000,000 In A Settlement After It Was Sued About Formula E

Formula E sued the city and Mayor Plante after the race was cancelled.
Montreal Has To Pay $3,000,000 Following A Formula E Lawsuit
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Staff Writer

The City of Montreal and Formula E organizers have finally reached a settlement after five long years of deliberations and arguments. The saga, which involved a lawsuit against the city and Mayor Valérie Plante following a cancelled 2018 race, is finally over thanks to the out-of-court agreement. 

In a press release, Benoit Dorais, chairman of the executive committee responsible for finance and legal affairs, said that the city "authorized an out-of-court settlement in the amount of capital, interest and costs of $3 million payable by the City to Formula E Opérations Limitée (FEO) in full and final settlement of the case."

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In addition, the agreement includes dropping the lawsuit against the mayor.

In 2018, after the mayor cancelled the race that she called a "financial fiasco," FEO initially sued the city and the mayor for $33.1 million before reducing it to $16.1 million. 

"This $3 million settlement in relation to a $16.1 million lawsuit is made for the benefit of Montrealers," said Dorais.

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MontrealNewsNews
  • Teddy Elliot
  • Teddy Elliot
    Teddy Elliot was a Staff Writer for MTL Blog. He was born and raised in Montreal, Quebec and has a B.A. in Literature. Teddy has been a journalist for three years and was once an English teacher. His creative work has appeared in The Blasted Tree and Parenthetical Magazine. When he's not chasing scoops, Teddy can be found cheering on Aston Villa and listening to 80s power ballads. He was shortlisted for a Digital Publishing Award in 2021.

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