LASKER, District Judge.
Frederic B. Opert ("Opert"), a resident of New York, is in the business of managing racing car teams and entering racing cars in various competitions throughout the world. In early January, 1979, Opert was contacted by Gunter Schmid, who inquired on behalf of his company, ATS Engineering Ltd. ("ATS") whether Opert would be interested in managing the ATS Formula One racing team. The two met at the Bicested, England ATS factory and Opert agreed...
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