Haas is working with its lawyers to complete outstanding payment to former title sponsor Uralkali
Former Haas sponsor Uralkali has made a bid in the Dutch courts to seize the Formula 1 team's assets – including cars and other equipment - over an outstanding payment. Following a Swiss arbitration court hearing in June, it was ruled that Haas should refund Uralkali part of its sponsorship payment made for 2022, prior to its title deal being cancelled in the wake of Russia’s invasion of Ukraine.
The statement said: “Haas fully intends to pay to Uralkali all amounts due pursuant to the arbitration award, and there is no dispute over the amounts owed. “Haas has been working with its lawyers to ensure payment will comply with all relevant US, EU, UK and Swiss sanctions and regulations. “We will continue working with Uralkali in the coming days to resolve this matter definitively.
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