Rich Energy splits with Haas | Page 3 | FerrariChat

Rich Energy splits with Haas

Discussion in 'F1' started by TheMayor, Jul 10, 2019.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. cmos

    cmos Formula Junior

    Sep 13, 2004
    407
    USA
    Full Name:
    Johny English
    The Rich Energy Twitter account is a train wreck. They have now posted a letter allegedly from HAAS lawyers, who are asking Rich Energy to pay sponsorship dues owed out to 2022 within the next 14 days due to breach of contract. Total due £35M
     
    Bas likes this.
  2. 05011994

    05011994 Formula 3
    Owner Silver Subscribed

    May 1, 2004
    1,859
    Golden, Colorado
    Rich Energy, when you hit rock bottom keep digging. This Storey guy is one for the record books, he may actually be the biggest ***** in the history of F1 and that is saying something. Does not seem that he has an original creative bone in his body and just rips off everyone. Get some popcorn this could be fun to watch him go down on flames. Good riddance.
     
    Nembo1777 and william like this.
  3. Casino Square

    Casino Square Formula 3
    Rossa Subscribed

    Apr 21, 2004
    1,718
    Hong Kong / USA
    Full Name:
    Andrew
    Well, the fact that Haas took him on as sponsor without any obvious due diligence is pretty contemptible as well. Gene needs to start cleaning house, or his F1 days will soon be over.
     
  4. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    25,447

    Actually conmen are very adept in going through checks and investigations undetected, and they regularly scam banks and multi-nationals, so I am not surprised that a racing team like Haas, which first activity is to race cars and not to dig into business references, has been taken for a ride.
     
  5. Casino Square

    Casino Square Formula 3
    Rossa Subscribed

    Apr 21, 2004
    1,718
    Hong Kong / USA
    Full Name:
    Andrew
    Steiner meets the CEO of Rich Energy. You mean to tell me that the visual alone wouldn't have put a single doubt in his mind? Ok....
     
  6. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    25,447

    You cannot judge a business simply by the apperance of its CEO.
     
  7. Casino Square

    Casino Square Formula 3
    Rossa Subscribed

    Apr 21, 2004
    1,718
    Hong Kong / USA
    Full Name:
    Andrew
    In this case, I'd be remiss to my board to not at least ask a few quiet questions. When something is unusual, it deserves a bit more scrutiny.
     
  8. P.Singhof

    P.Singhof F1 Rookie

    Apr 19, 2006
    4,810
    Stuttgart, Germany
    Full Name:
    Peter Singhof
    Lol....
     
    stavura, chrixxx and VPX like this.
  9. Igor Ound

    Igor Ound F1 Veteran

    Sep 30, 2012
    8,102
    The Horn
    Full Name:
    Igor Ound
    Brexit Britain...
     
  10. pilotoCS

    pilotoCS F1 World Champ
    Silver Subscribed

    May 19, 2019
    12,530
    The Capital of The United States of America
    Full Name:
    Willis
    Cleaning house or quit F1. Those really are the only viable options.
     
  11. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    25,447

    When you are Gene Haas, you don't quit F1 because a sponsor default on you.
    Haas has been bankrolling his team in previous years without too much trouble.
    Having a sponsor is just the icing on the cake for him.

    Mind you, he can't be very happy with his team after the shenanigans of this afternoon, and Steiner is spitting feathers !!!
     
    fer312t likes this.
  12. pilotoCS

    pilotoCS F1 World Champ
    Silver Subscribed

    May 19, 2019
    12,530
    The Capital of The United States of America
    Full Name:
    Willis
    My comment had nothing to do with the sponsorship schlamazole. It's the state of the team.
     
    Gator likes this.
  13. Igor Ound

    Igor Ound F1 Veteran

    Sep 30, 2012
    8,102
    The Horn
    Full Name:
    Igor Ound
    Might get flamed for this but think I found the perfect partnership: rich energy + glickenhanus...

    At least @miurasv will appreciate. :D
     
    BMWairhead and slm like this.
  14. Etcetera

    Etcetera Two Time F1 World Champ
    Silver Subscribed

    Dec 7, 2003
    22,179
    Full Name:
    C9H8O4
    That would be fine so long as they don't go racing in China.
     
  15. Igor Ound

    Igor Ound F1 Veteran

    Sep 30, 2012
    8,102
    The Horn
    Full Name:
    Igor Ound
    I thought China of all places valued plagiarism and false claims...
     
    daytona355 and Sunracer like this.
  16. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    25,447

    Well, even Ferrari, Mercedes and Red Bull suffered afternoons like Haas just had; team mates eliminating each other..
     
  17. Igor Ound

    Igor Ound F1 Veteran

    Sep 30, 2012
    8,102
    The Horn
    Full Name:
    Igor Ound
     
  18. Igor Ound

    Igor Ound F1 Veteran

    Sep 30, 2012
    8,102
    The Horn
    Full Name:
    Igor Ound
    Williams have really dodged the fatal bullet with this missed sponsorship
     
    william likes this.
  19. GordonC

    GordonC F1 Rookie
    Owner Rossa Subscribed

    Aug 28, 2005
    4,119
    Calgary, AB, Canada
    Full Name:
    Gordon
    Steiner? I doubt he was even asked for his opinion of Rich Energy or Storey... he might be Team Principal, but I'd guess that Gene Haas himself keeps control of total budget and sponsorship matters.

    Yup, my guess is that Haas was responsible for the Rich Energy deal, and that Steiner was never a big fan of it (he just seems like the sort of person who would be rubbed the wrong way by the whole Rich Energy package)
     
    william likes this.
  20. DF1

    DF1 Two Time F1 World Champ

  21. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
    45,906
    Full Name:
    Toe Knee
    #74 SPEEDCORE, Jul 17, 2019
    Last edited: Jul 17, 2019
    william likes this.
  22. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
    45,906
    Full Name:
    Toe Knee
     

Share This Page