Williams settles dispute over Coughlan signing

Williams has settled a legal dispute with NASCAR team Michael Waltrip Racing.

In July, the NASCAR team alleged breach of contract when Oxfordshire based Williams signed Mike Coughlan as its new chief engineer.

Michael Waltrip Racing claimed Briton Coughlan’s deal was set to run through 2012.

Williams announced on Thursday that the parties have "reached an amicable solution".

"Waltrip is a super team competing in a fantastic sport - the best thing for me is that as part of the deal I will get to see my first NASCAR race," said team boss Sir Frank Williams.