F2: Hitech GP terminates Uralkali sponsor contract

FIA Formula 2 and Formula 3 team Hitech Grand Prix has terminated its sponsorship deal with Russian chemical company Uralkali due to the ongoing Russian invasion of Ukraine.

In a statement, the team said: “Hitech Grand Prix has elected to terminate, with immediate effect, the sponsorship agreement of Uralkali.

“As with the rest of the motorsport community, the team are shocked and saddened by the invasion of Ukraine and wish for a swift and peaceful end to the ongoing conflict.”

Juri Vips of Estonia and Hitech Grand Prix (8) drives during practice ahead of Round 2:Monte Carlo of the Formula 2 Championship at Circuit de Monaco on May 20, 2021 in Monte-Carlo, Monaco. (Photo by Dan Istitene – Formula 1/Formula Motorsport Limited via Getty Images)


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