Today the news finally became official, the ongoing and high profile dispute between the Sauber team and Dutch driver Giedo van der Garde came to a close with a statement from van der Garde announcing a settlement had been reached with the team. If you don’t follow F1 and don’t know the backstory to this dispute let me give you the key details.

Giedo van der Garde was the Sauber teams reserve driver last year, and in the middle of last year the team signed him to a race deal for this year. Van der Garde confirmed the rumors in his statement today, that his personal sponsors paid their fees for this year up front on the signing of his deal last year, in an effort to help the financially struggling team through the season.

van der Garde in action for the Sauber team in a free practice session for the Spanish Grand Prix last year. Photo credit goes to http://www.f1fanatic.co.uk and http://www.Sauberf1team.com

Therefore I expect van der Garde was suitably angry and confused when it was announced late last year in quick succession that the team had also signed Swede Marcus Ericsson and Brazilian rookie Felipe Nasr. It doesn’t take a math expert to know three F1 drivers can’t drive two cars, with van der Garde becoming the fall man for the team. This is where things turned ugly as van der Garde brought his case before the courts, first in Switzerland and then in Australia last week.

In both courts he won the case, with both courts ordering Sauber to give him a race seat for this season. When understandably Sauber began to baulk at this order in the build up to last weekend’s opening Australian Grand Prix, van der Garde went back to court to get a contempt of court order, effectively forcing Sauber to give him a drive or the teams assets would be seized by bailiffs and key team members could be arrested.

This sorry saga was fast becoming a soap opera, although thankfully before qualifying last Saturday common sense prevailed, with van der Garde announcing that both he and the team entered talks on a settlement, with van der Garde giving up his right to drive last weekend. Talks between the two parties quickly developed to the stage were at today, with van der Garde announcing that a settlement had been reached.

Whilst he did not disclose the specific details today, it’s believed he has been paid 15 million Euro’s to cancel his contract and allow the team to continue with Ericsson and Nasr. For the cash strapped team this is a huge sum to pay out, although is only fair considering the sponsor money paid to the team last year and compensation for canceling his contract.

The tone of van der Garde’s statement this morning was understandably downcast, as he stated “As a passionate race driver, I feel sad and am very disappointed. I have worked very hard my entire career, ever since starting with go-karts at the age of eight, to live my dream and become a successful Formula 1 driver. I had hoped at last to be able to show what I am capable of, driving a car for a respected midfield team in the 2015 season. This dream has been taken away from me and I know that my future in Formula 1 is probably over.”

It was remarkably refreshing this morning to read his statement, where for once in modern day Formula One a driver was honest about the situation to the media, a far cry from many modern drivers PR driven stance which would have yielded a statement with plenty “no comment” mantra’s, and frankly would have been more useful to the specialist media as toilet paper.

Van der Garde went on to add “There has been a lot of speculation in the media over the past week, so I want to set out clearly that my sponsors paid the sponsorship fee related to the 2015 season in its entirety to Sauber in the first half of 2014.This was simply in good faith and to help the team deal with its cash problems at the time. Effectively, it was my sponsor’s advanced payments that helped the team survive in 2014.”

He also added his thoughts on Sauber’s decision making on the matter “Sauber’s financial decision-making in this case is bizarre and makes no sense to me.I am not at liberty to discuss details, but Sauber paid significant compensation to avoid honouring the contract they had with me. Only in that respect can I be satisfied that my rights have finally been recognised and that at least some justice has been done.”

Whilst the move clearly rankles with van der Garde, it appears a part of him is glad this ordeal is over. Van der Garde suggests his chances of rebuilding an F1 career is over for him, a shame if true considering he impressed during his rookie season with Caterham in 2013. Despite van der Garde appearing not to pursue any F1 opportunities now, he also named some series he would like to compete in the future.”I would love to take part in the WEC and the Le Mans 24 Hours in an LMP1 car. Former Formula 1 drivers do very well in this series, We also have our eye on other series such as the DTM in 2016 and beyond.”

Whilst the future remains unclear for van der Garde in motorsport, he can at least take solace that he has gained a lot of respect amongst the motorsport community for his class and dignity throughout this whole sorry saga with Sauber. Van der Garde can hold his head high that he did nothing wrong in this matter, it’s Sauber who have come out of this matter with their reputation severely diminished. This also is a shame for what was previously one of F1’s highest teams in terms of class and dignity amongst the F1 paddock.

What are your thoughts on this matter? Please feel free to comment below all comments will be appreciated both good and bad.