P1racenews AI automatic summary:
A former Haas sponsor is trying to seize its cars and equipment after sponsor money was not returned by the team following a court ruling in Switzerland.
Uralkali, a former Haas F1 sponsor, has requested a Dutch court to seize the F1 cars and spare parts prior to the upcoming grand prix, following the termination of their title sponsorship deal due to the Russian invasion of Ukraine, with unpaid sponsorship money in question. Haas was unable to return the €12 million to Uralkali due to global sanctions against Russian companies, leading Uralkali to win a case in a Swiss arbitration agency’s favor. Appraisers were seen in the paddock valuating Haas’s assets as Uralkali seeks a full seizure post the Dutch GP, potentially impacting their participation in the Italian GP at Monza. While Haas aims to pay Uralkali what is due and comply with sanctions laws, the situation awaits the decision of the North Holland District Court. The deadline for resolution looms with the Italian GP on the horizon, presenting logistical challenges for the Haas team amidst the current sanctions environment.
