Button pays $29m for release
Byron Young
21sep05
JENSON Button has paid rival Williams a staggering $29 million to remain at BAR-Honda next season.
The 25-year-old, who was set to partner Mark Webber next season, has forked out the biggest fee paid by a racing driver to chase his dream of becoming world champion and end a long-running contract dispute with his former bosses.
He has agreed to pay Williams nearly $10 million-a-season for the next three years not to drive for them and is surrendering a massive chunk of his future income in one of the biggest financial gambles taken by a grand prix racer.
The news broke only hours after he landed in Sao Paulo where he is preparing for Sunday's Brazilian GP.
The agreement was signed on Friday and is expected to be announced officially today.
Team boss Frank Williams initially insisted no amount of money would persuade him to release the man he brought into Formula One five years ago.
A public confrontation followed after Button was equally adamant he would not switch camps to a team without a works engine.
After a legal wrangle in a bid to leave BAR last season, Button had put his name to the dotted line with Williams in the belief that Honda was deserting BAR and Williams was set to go from strength to strength with German car giant BMW.
But in a remarkable reversal of fortunes, BMW split with Williams and Honda bought a controlling share in BAR, prompting Button's change of heart.
Button's driving partner in 2006 will be nine-time winner Rubens Barrichello, who has split from Ferrari a year early.
"The only reason I am doing all this is to become world champion," Button said recently.
His driving ambition to remain at BAR-Honda, where he says Honda-power can make him a world beater, has threatened to cloud his future.
A string of pit lane figures, including former champions Jacques Villeneuve and Jackie Stewart, warned he risked ruining his reputation and derailing his entire career by not living up to his word.
But F1 ringmaster Bernie Ecclestone advised team boss Frank Williams to release Button and sign rising star Nico Rosberg, son of former champion Keke Rosberg.
Rosberg, who is already a Williams test driver, could make his F1 debut for the team in the final two races of the season next month in Japan and China.
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