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F1 News: Haas Contradicts Uralkali Dispute Claims As Swiss Court Delivers Verdict

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The Haas team statement contradicts that of Uralkali after an Arbitration Tribunal came to a conclusion on the ongoing dispute.

The Swiss Arbitration Tribunal has reached a decision on the contentious dispute between the Haas F1 Team and its former title sponsor, Uralkali, a Russian company. The conflict arose after Haas terminated its sponsorship contract with Uralkali following Russia's military invasion of Ukraine in early 2022, citing reputational concerns."Haas Formula LLC, the owner of the Haas F1 Team, announced the completion of its arbitration proceeding with PJSC Uralkali, its former title sponsor.

"The panel emphasized that multiple other sports organizations severed their ties with Russian companies immediately after the invasion of Ukraine, and thus there was a risk 'that Haas could rapidly be the last non-Russian sport team continuing with a Russian name sponsor.'

 

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