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...
Full Story »
3mo ago from F1i.com 0
Share

You May Also Be Interested In...

Uralkali attempt to seize Haas F1 assets amid missing...

Haas' former title sponsor, Uralkali, has made a bid to Dutch courts in an...
3mo ago from MotorsportWeek.com

Haas-Uralkali saga drags on: Komatsu weighs in

Former sponsor of Haas, Uralkali, has made a bid to seize the assets of...
3mo ago from GPBlog.com

Haas facing threat of seizure of assets at Zandvoort...

©Haas Phillip van Osten 23/08/2024 at 13:33 Former Haas sponsor Uralkali...
3mo ago from F1i.com

Haas settles financial dispute with Uralkali, avoids...

©Haas Phillip van Osten 25/08/2024 at 16:2425/08/2024 at 17:15 Haas has...
3mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Maverick Vinales has a ‘good feeling' about...

Maverick Vinales says he has “a good feeling” about his relationship...
14h ago from MotorsportWeek.c...

Ducati trials two-way radio communication in Barcelona...

Ducati has reportedly trialled a two-way radio at the end of the recent...

Popular On IndyCarToday.com

NFL Hall of Famer announced as Indy 500 pace car driver

Michael Strahan, an American football Hall of Fame athlete and television...
12h ago from MotorsportWeek.c...

MSR believes Logan Sargeant deserves a chance in...

Earlier in the week, Logan Sargeant joined a few other drivers in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Almost a perfect weekend for Arsenal, plus what next...

Almost a perfect weekend for Arsenal, so what’s the state of the title...
8h ago from CaughtOffside.com

Mikel Arteta challenges Arsenal to be more ruthless on...

t;li>Arsenal have won one in eight continental away gamesArteta’s...
5h ago from TheGuardian.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.