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 »
1y 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...
1y 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...
1y 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...
1y 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...
1y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Race for Guehi wide open with Man City, Liverpool and...

The race to sign Marc Guehi is wide open and there is not a favourite or a...
8h ago from SkySports.com

FA Cup fourth round draw – live

️ Draw for the last 32 to begin at 6.35pm GMT at Anfield<br>⚽️...
10h ago from TheGuardian.com

Liam Rosenior provides fitness update on Cole Palmer...

Chelsea's head coach, Liam Rosenior, has disclosed that Cole Palmer and...
11h ago from SportsKeeda.com

Robert Pires claims 26-year-old Arsenal star is now in...

Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
11h ago from SportsKeeda.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.