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F1: Haas misses court deadline for Uralkali refund
Haas' former title sponsor, Uralkali has revealed that the American F1 team has missed the deadline to repay the balance of sponsorship money as ordered by a Swiss arbitral tribunal. According to the June 12 ruling of the Swiss arbitral tribunal, the team was obligated to pay the balance of sponsorship money from its terminated contract with Uralkali plus interest plus arbitration costs effective immediately. Likewise, Haas was given one month by the tribunal to deliver a team race car from the 2021 season to Uralkali as provided by the sponsorship contract that was unilaterally terminated by Haas in March 2022 in the aftermath of Russia's invasion of Ukraine. According to Uralkali,...
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3mo ago from Pitpass.com
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