"We wholeheartedly believe in the Haas F1 Team , its performance, and the organisation as a whole and we are fully committed to the current sponsorship agreement in place. We also completely believe in the product of Formula One and the platform it offers our brand
"Clearly the rogue actions of one individual have caused great embarrassment. We are in the process of legally removing the individual from all executive responsibilities. They may speak for themselves but their views are not those of the company. The incident is very regrettable; we will not be making further comment on this commercially sensitive matter and will be concluding it behind closed doors.
"We wish to confirm our commitment to the Haas F1 Team, Formula One and to thank the Haas F1 Team for their support and patience whilst this matter is dealt with internally."
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