Uralkali was the team’s title sponsor, and the company owner’s son Nikita Mazepin drove for Haas in Formula 1. However, after the events of February 2022, Haas terminated the contract with Mazepin and ended the sponsorship. In June 2024, the Swiss arbitration court ordered the team to return the money and the car.
In this regard, Uralkali has informed Dutch government agencies about the possibility of lifting the seizure of Haas assets, which would allow the team to take them out of the country. Uralkali plans to use the funds received to expand production capacities.
Source: Sport

I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.