News Details
Uralkali wants its money back, Haas wants compensation!
Haas has formally rejected a claim by former sponsor Uralkali that it must refund $13 million of sponsorship money, with the US outfit seeking a compensation for "loss of profits" of $8.6 million. Ahead of the start of the F1 season, Haas severed ties with its driver Nikita Mazepin and with its Russian title sponsor, chemical giant Uralkali - majority owned by Mazepin's father Dmitry - in the wake of Russia's invasion of Ukraine. But Uralkali disputed the termination of the contract and said at the time that it intended "to protect its interests in line with applicable legal procedures" while it also reserved its rights "to initiate judicial proceedings, claim...
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