News Details
Haas-Uralkali legal dispute settled: Partial refund ordered
© XPB Michael Delaney
23/06/2024 at 13:18 A verdict has been reached by the Swiss arbitration court in the ongoing dispute between the Haas F1 Team and former sponsor Uralkali. The legal dispute between the two parties was rooted in Haas' decision to terminate its sponsorship agreement with Uralkali following Russia's invasion of Ukraine in 2022. The ruling brings closure to a disagreement over the $13 million Formula 1 sponsorship deal and a compensation claim made by Uralkali after the departure of Nikita Mazepin from the Haas team. The conflict began in March 2022, during pre-season testing when Haas announced the dismissal of Mazepin, who had raced for the US outfit along...
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