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Rich Energy splits with Haas

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

  1. TheMayor

    TheMayor Six Time F1 World Champ
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  2. pilotoCS

    pilotoCS Karting
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    I wonder what the deal was worth and how much they actually have paid to Haas?
     
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  3. GuyIncognito

    GuyIncognito Six Time F1 World Champ
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  4. RWatters

    RWatters Formula Junior

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    I have a feeling this deals more with court rulings than it does with Haas's performance.
     
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  5. william

    william F1 World Champ

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    I always suspected something fishy about that sponsorship.
    First Rich Energy Financial and industrial claims couldn't be substanciated.
    William Storey, the CEO, looked somehow a bit ... dodgy.
    Then there was the logo infringement and the litigation they lost.
    Now they blame F1, but it seems they got the publicity they wanted.
     
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  6. pilotoCS

    pilotoCS Karting
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  7. cmos

    cmos Karting

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    Still can't buy in the US. Has anyone actually seen/tasted this stuff?
     
  8. cmos

    cmos Karting

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    I also wonder if they would have walked away so eagerly had their bid for Force India succeeded and operated as a team versus sponsor. We should be grateful their bid failed.
    Something ain't right.
     
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  9. zygomatic

    zygomatic Formula 3
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  10. stever

    stever Formula 3
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    I was given a can by a guy who lives in Monza; it's in the fridge.
     
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  11. DF1

    DF1 F1 World Champ
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    Drink coffee. It’s a touch less expensive. No loss lol
     
  12. PinoAl

    PinoAl Rookie

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    Yes, during race week ends. I’ve to say it’s not that bad, especially in comparison with Red Bull and others.

    Their leaving has nothing to do with Haas performance. In fact, because of the recent ruling against them, they should open their books for the Court...
     
  13. crinoid

    crinoid F1 Veteran
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    I hope Haas sues them. The unknown Red Bull wanna be D-bags.
     
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  14. greyboxer

    greyboxer F1 World Champ

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    There's probably nothing worth suing

    Mind you I did think the Williams sponsor would depart first
     
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  15. Nembo1777

    Nembo1777 F1 Rookie

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    Good riddance, that Rich Energy guy had the biggest conman aura around him since JP van Rossem...
     
  16. DF1

    DF1 F1 World Champ
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    https://www.autosport.com/f1/news/144709/rich-energy-investors-trying-to-salvage-haas-deal

    Rich Energy's shareholders are understood to be attempting to save the company's relationship with Haas after a Tweet on Wednesday said the Formula 1 team's sponsorship deal had been terminated.

    Sources have told Autosport that the Tweet was either written or authorised by CEO William Storey, without the knowledge of the drinks firm's investors after an apparent difference of opinion.

    The shareholders are keen to protect their investment in the brand, and that includes saving the relationship with Haas, as Wednedsday's Twitter statement has already damaged Rich's reputation.

    One source told Autosport: "The deal is not terminated and William has no authority to do so.

    "The investors are trying to clear up the PR mess, but it's business as usual."
     
  17. Bas Jaski

    Bas Jaski Two Time F1 World Champ

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  18. cmos

    cmos Karting

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    Amateur hour. Sad and embarrassing for all involved
     
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  19. Igor Ound

    Igor Ound F1 Veteran

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  20. BartonWorkman

    BartonWorkman F1 Veteran
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    Me thinks there's more to this story than we're being told.

    Gene Haas can't be stupid enough to think that a company that has a total of £500 in the
    bank can seriously fulfill its obligations can he?

    BHW
     
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  21. DF1

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    Future earnings???
     
  22. DF1

    DF1 F1 World Champ
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    Haas should dump this silly company given how this is negative for Haas. They have a bad season already. They do not need this type of press!!
     
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  23. william

    william F1 World Champ

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    William Storey show all the signs of a con artist to me, but surely Hass must have done his homework before being involved with the guy.
     
  24. DF1

    DF1 F1 World Champ
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    His action or those of his 'company' have not looked well in image for Haas. Id say he is in breach. They certainly did not enhance Haas as a team.
     

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