Haas responds after Uralkali takes legal action

Haas responds after Uralkali takes legal action

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Haas team principal Ayao Komatsu has provided further insight into the legal action being taken against the American squad by former sponsor, Russian company Uralkali.

Haas team principal Ayao Komatsu has provided an update on the American team’s ongoing legal battle with former sponsor Uralkali. Uralkali has requested Dutch authorities seize Haas assets due to the team failing to repay sponsorship fees of €12 million after terminating their agreement early in 2022. The dispute arose after Russia’s invasion of Ukraine, leading to economic sanctions preventing Haas from making the payment. Komatsu confirmed the team is working with lawyers to find a solution and is confident a resolution will be reached soon.

Komatsu insists the legal issue will not disturb Haas’ weekend at the Dutch Grand Prix, despite bailiffs visiting the paddock to ensure a payment will be made. The team is not negotiating with Uralkali, fully accepting the court ruling and focusing on completing the transaction by the end of the week. Komatsu emphasized the complexity of the payment process from the US to Russia, attributing the delay to this complication. Ultimately, the Haas team remains committed to resolving the situation promptly.

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