F1: Uralkali suing Haas team to refund their 2022 money

Uralkali has released a statement in reaction to the termination of its contract with Haas and will aim to claim back its full 2022 sponsorship funding from the team. If successful, Uralkali states it will use sponsorship money to establish a “We Compete As One athlete support foundation”.

“Uralkali intends to protect its interests in line with applicable legal procedures and reserves its rights to initiate judicial proceedings, claim damages and seek repayment of the significant amounts Uralkali had paid for the 2022 Formula 1 season,” the Uralkali statement read.

“As most of the sponsorship funding for the 2022 season has already been transferred to Haas and given that the team terminated the sponsorship agreement before the first race of the 2022 season, Haas has thus failed to perform its obligations to Uralkali for this year’s season.

“Uralkali shall request the immediate reimbursement of the amounts received by Haas.”