Money dispute resolved
Green light! Haas team allowed to travel to Monza
After the Dutch Grand Prix, the Haas Formula 1 team has started its journey to Monza one day late. The dispute with the former Russian sponsor Uralkali has been settled.
Those responsible at the US racing team announced that Uralkali had confirmed receipt of a financial transfer initiated on Friday. As a result, the team's employees in Zandvoort were able to start transporting materials to the Italian GP in Monza.
Separation due to the Ukraine war
Uralkali had called in the Dutch courts because the payment had not yet been received. The court involved ensured that the Haas team's racing cars and equipment were not allowed to leave the country until the payment had been made. Team Haas had parted ways with its main sponsor at the time, Uralkali, in March 2022 following the invasion of Ukraine by Russian troops.
A Swiss court of arbitration later ruled that the termination of the contract was legal, but that the racing team should refund the majority of a sponsor payment made in advance. This is allegedly the equivalent of around 10 million dollars.
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