News Details
Haas settles payment with Uralkali, but cars blocked in Zandvoort
©Haas Phillip van Osten
25/08/2024 at 16:2425/08/2024 at 17:36 Haas narrowly averted disaster at the Dutch Grand Prix after a tense standoff with former sponsor Uralkali. The American team faced the very real possibility of having its cars and equipment seized by Dutch authorities due to an unpaid financial obligation. The dispute arose after Haas terminated its sponsorship agreement with Uralkali in 2022, following Russia's invasion of Ukraine. The fertilizer giant, owned by Dimitry Mazepin, had sought to recover a portion of the sponsorship payments made for the 2022 season. A Swiss arbitration Court upheld Haas’s right to terminate the sponsorship agreement but ruled that the US...
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