More Trouble for Haas as Uralkali Demands Refund for F1 Contract Annulment
Follow Us
Haas got into another bit of trouble as Uralkali demands reimbursement. The American team has been under a contract with the Russian company for a year now. Uralkali has been Haas’ principal sponsor in the 2021 F1 season.
The agreement between the two outfits got terminated last week after the Russian-Ukraine conflict. Haas called off their agreement with Uralkali and their Russian driver, Nikita Mazepin.
ADVERTISEMENT
Article continues below this ad
Uralkali stated that they’ve paid off most of their money to Haas and now want their money back from the F1 team. The official statement of Uralkali as published by TheRace.com reads that it “intends to protect its interests in line with applicable legal procedures and reserves its rights to initiate judicial proceedings, claim damages and seek repayment of the significant amounts.”
Haas’ Run of Bad Luck Continues as the Team Faces Technical Difficulties Ahead of Bahrain F1 Testing
What’s next for Haas and Uralkali and Nikita Mazepin?
Uralkali further stated that the termination was unjust and unreasonable. The company went on to assert that it “believes that sports should always be free of politics and pressure from external factors.”
TEAM STATEMENT #HaasF1 pic.twitter.com/5aEXLzYtmV
— Haas F1 Team (@HaasF1Team) March 5, 2022
The company also conveyed that they want to make use of the money in a good way nevertheless. They added, “The refund from Haas and the remaining part of Uralkali’s sponsor financing for 2022 will be used to establish the We Compete As One athlete support foundation.”
ADVERTISEMENT
Article continues below this ad
Trending
Daniel Ricciardo To Be Replaced by Liam Lawson After Miami, F1 Pundit Dishes Out Harsh Verdict After Australian’s “Amateur Mistake”
April 17, 2024 11:14 AM EDT
Adrian Newey Hits Out at Climate Activist Lewis Hamilton’s Fuel Protest, Desperate to See V10 Engines Again
April 15, 2024 12:35 PM EDT
Who are Zhou Guanyu’s Parents? Everything We Know About The Chinese Driver’s Family
April 16, 2024 02:07 PM EDT
“I Was Quite Depressed”: Adrian Newey Makes Brutal Revelation as He Reveals Red Bull Heavily “Struggling”
April 15, 2024 02:38 PM EDT
F1 Rumor: Carlos Sainz Offered 2-Year Deal for Mercedes by Toto Wolff
April 12, 2024 12:16 PM EDT
Get instantly notified of the hottest F1 stories via Google! Click on Follow Us and Tap the Blue Star.
Follow Us
The reason for the contract termination between the two parties is Nikita Mazepin. Dmitry Mazepin is a shareholder in Uralkali. It is believed that the sponsorship got his son a seat in Haas. As the P10 team, last season decided to call off their agreement with Nikita, that means Uralkali will also take away their sponsorship.
Haas driver Nikita Mazepin however, seemed upset about the way everything was handled. The driver wanted more support from the team as he grieved about having his entire hard work go down.
ADVERTISEMENT
Article continues below this ad
Watch this Story: Most Glamorous Formula 1 Wags
Moreover, Mazepin expressed that he got to know about his conclusion with Haas through the press. The 23-year-old driver also stated that he was not in contact with the team boss Guenther Steiner post-Barcelona testing. All in all, the situation inside Haas and Uralkali is pretty tense.