Uralkali Demands Refund As Haas F1 Sponsor

Posted under News On By Jaya

In response to Russia invasion of Ukraine on February 24, the Haas F1 team from the United States terminated the sponsorship contract with Uralkali and its driver Nikita Mazepin.

Uralkali is a chemical fertilizer or potash company owned by Mazepin father, Dmitry Mazepin.

Today, through their official statement, they claim to demand a refund or refund of the funds that have been deposited as team sponsors for the 2022 season.

They said the funds would be used to fund a Mazepin-owned foundation that would help Russian athletes who were barred from competing abroad due to access from the invasion.

Uralkali said he had paid almost all of his obligations to Haas as the team main sponsor for this year.

The company (Uralkali) saw that the team decision was unreasonable. We believe that sport should always be separated from politics and pressure from external factors, the statement said.

Dmitry is known to be close to Russian President Vladimir Putin. Both seemed to have a meeting last January.

Uralkali will protect its interests through legal procedures and exercise its right to pursue lawsuits,

Claiming losses (for Haas’ decision) and demanding the refund of the large sums already paid for the 2022 Formula 1 season,

Because most of the funding for 2022 has been transferred to Haas. Meanwhile, the team suddenly stopped sponsoring cooperation before the first race of the 2022 season was held.

Haas failed to fulfill its obligations to Uralkali this year,

Uralkali will ask for an immediate refund of all the money that Haas has received,

Refunds from Haas will be used to finance the foundation to support athletes We Compete As One

Pietro Fitipaldi, Haas’ test driver, will take over for Mazepin in the pre-season test in Bahrain tomorrow.

While rumors are circulating, Haas is negotiating with a number of names such as Kevin Magnussen, Antonio Giovinazzi, and Nico Hulkenberg.