Motorsport News

Haas rejects Uralkali’s $12 million refund demand, want compensation

Haas rejects Uralkali's $12 million refund demand, want compensation

The Haas Formula One team has rejected former title sponsor Uralkali’s demand for a refund of $13 million and asked for compensation from the Russian company, according to a report by Motorsport.com.

Haas split from Dmitry Mazepin’s company Uralkali and dropped his son Nikita as driver several weeks after Russian’s military invasion of Ukraine.

The Mazepins have both since been placed on a list of sanctioned Russians. Dmitry Mazepin is a close ally of Russian President Vladimir Putin.

Following the end of its partnership with Haas, the Mazepins demanded a full refund to the money it had paid after signing a deal at the start of the 2021 season.

In a March statement, Uralkali 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.”

According to Motorsport.com,…

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