Scott Speed has settled his lawsuit with Red Bull Racing over his firing that followed the 2010 season according to Scene Daily.com
Speed had field a lawsuit in North Carolina Superior Court in Statesville, N.C., in December 2010. He asked that Red Bull Racing pay him $6.5 million for the salary he would have received from 2011-2013 in addition to a $500,000 reduction of his 2010 salary that he accepted in January 2010. According to court documents, the two sides met Nov. 30 in a settlement conference where they came to an agreement on all issues. Speed filed the dismissal documents Dec. 19. No terms of the settlement were disclosed.
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