Formula 1 Racing

Haas rejects Uralkali request to repay F1 sponsorship money

Haas rejects Uralkali request to repay F1 sponsorship money

In the immediate aftermath of Russia’s invasion of Ukraine in March, the Haas team unilaterally terminated its Uralkali sponsorship deal because of the links the company’s owner Dmitry Mazepin had with the country’s president Vladimir Putin.

It also ended the deal it had with race driver Nikita Mazepin, who has since been replaced by Kevin Magnussen.

At the time, Uralkali said it was considering legal action over the matter as it sought repayment of sponsorship money it had paid in advance of the season.

In a statement issued last month, the company said: “As most 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 thus failed to perform its obligations to Uralkali for this year’s season.

“Uralkali shall request the immediate reimbursement of the amounts received by Haas.”

Uralkali subsequently wrote to Haas to dispute the…

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