News Details

Haas reject $13m Uralkali sponsorship refund claim

Haas have reportedly rejected a claim from former sponsor Uralkali that they are owed $13million [£9.95million] for money already paid to them this season. The team have gone further still and reportedly demanded $8.6million [£6.55million] in compensation from Uralkali for ‘loss of profit' as part of their unilateral termination of their contract. Haas cut ties with both Nikita Mazepin and his and Haas' title sponsor Uralkali back in March, doing so following Russia's invasion of Ukraine. Uralkali responded by threatening to sue Haas as a result of their early termination, and demanded the American F1 team return the sponsorship money paid this year. Uralkali said in a statement in...
Full Story »
3y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Mazepin doesn't get his pennies: Haas demands...

Because of the war in Ukraine Haas tore up the contract with sponsor...
3y ago from GPBlog.com

Uralkali wants its money back, Haas wants compensation!

Haas has formally rejected a claim by former sponsor Uralkali that it...
3y ago from F1i.com

Mazepin refuses to comment on Russia's invasion of...

Nikita Mazepin intends to fight against the sanctions placed upon him by...
3y ago from Formula1News.co.uk

Palmer: Sainz needs 'to hit back soon' or risk...

Jolyon Palmer says Ferrari's Carlos Sainz needs to "hit back...
3y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

PREMA confirmed to miss opening IndyCar round

PREMA will not be present for this weekend’s season-opening round of...
12h ago from MotorsportWeek.c...

Ticket design for 110th Indianapolis 500 unveiled

The ticket design for this upcoming May’s 110th running of the...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Liverpool, Arsenal, Man Utd scouts busy as 18-year-old...

Liverpool, Arsenal and Manchester United are interested in signing the...
7h ago from CaughtOffside.com

Arsenal could renew interest in 250k-a-week 'machine',...

Leon Goretzka continues to be linked with a move away from Bayern Munich...
11h ago from CaughtOffside.com

Pitch Points: Bodø/Glimt give us hope for the future;...

world of soccer throws up no shortage of questions. Today, Graham Ruthven...
10h ago from TheGuardian.com

Sources: Man City and Arsenal lead race for English...

Jack Hinshelwood’s rise at Brighton & Hove Albion has been one of the...
21h ago from CaughtOffside.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.