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Uralkali seeks reimbursement of Haas F1 team sponsorship

During Barcelona’s F1 pre-season testing, Haas suspended his sponsorship with Russian company Uralkali following the invasion of Ukraine and after a review announced he had cut ties with the company completely. brand and driver. Nikita Mazepinson of entrepreneur Dmitry Mazepin.

Uralkali has released a statement in reaction to the termination of his contract with Haas and will aim to recoup all of his 2022 sponsorship funding from the team. If successful, Uralkali says he will use the sponsorship money to create a “We Compete As One” athlete support foundation.

“Uralkali intends to protect its interests in accordance with applicable legal procedures and reserves the right to take legal action, claim damages and seek reimbursement of the significant sums that Uralkali had paid for the season of Formula 1 2022,” Uralkali’s statement read.

“As the major part of the sponsorship funding for the 2022 season has already been transferred to Haas and given that the team terminated the sponsorship agreement before the first race of the 2022 season, Haas has therefore failed in its obligations towards Uralkali for this year’s season.

“Uralkali will demand the immediate reimbursement of the sums collected by Haas.”

Haas F1 Team Motorhome

Photo by: Carl Bingham / Motorsport pictures

Uralkali’s statement also said Haas’ call to end his sponsorship deal in light of Russia’s invasion of Ukraine was “unreasonable” and that F1 “should always be free to politics and the pressure of external factors”.

Haas is set to miss the start of the Bahrain F1 test, which begins tomorrow, after its team cargo arrived late when a transport plane that was due to ship it was delayed at Istanbul airport.

Earlier this week, the Hitech Grand Prix also terminated his sponsorship deal with Uralkali covering its FIA Formula 2 and Formula 3 teams.

Uralkali has not announced whether he will also follow similar processes to reclaim his sponsorship funding from the Silverstone-based team.

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