Haas' Rich Energy fears revealed in leaked letter
Haas' Rich Energy fears revealed in leaked letter
The ongoing bedlam surrounding Haas and the team's title sponsor Rich Energy deepened as a letter leaked by the drinks company revealed the F1 team's concerns about the viability of their main sponsor.
Rich Energy have been plunged into an apparent civil war ahead of the British GP, with CEO William Storey publicly quarrelling with the company's shareholders.
A post from Rich Energy's Twitter account on Wednesday claimed that its sponsorship of Haas had been cancelled due to poor performance – Kevin Magnussen finishing behind Williams' George Russell in Austria given as an example.
A subsequent Rich Energy statement distanced the company from those claims, only for Storey to be quoted on social media accusing the shareholders of attempting a "palace coup".
The company claimed in its statement that it is attempting to remove an individual, presumably Storey, from his role.
And Rich Energy's Twitter account once again moved the story along as it published a letter from Haas' lawyers which stated numerous concerns about the situation.
The letter says Haas "will need to see clear and unambiguous evidence that Mr Storey has been removed as a director of the company and that a new CEO has been validly appointed in his place."
It continues: "We are somewhat at a loss as to how you will be able to wrestle control of the company from Mr Storey."
The letter also outlines Haas concerns over the impact on Rich Energy having lost a copyright case to Whyte Bikes over allegedly copying its stag logo.
Related
Change your timezone:
Latest News
Hamilton car camera captures Verstappen's TRUE feelings toward F1 rival
- 8 minutes ago
F1 star hits back at Sky pundit with 'boring old man' jibe
- 1 hour ago
F1 champion DOUBTS passion of new fans
- 3 hours ago
F1 News Today: Horner and Red Bull saga to reignite as F1 legend OFFENDED by official statement
- Today 15:05
EXCLUSIVE: Norris and Piastri 'just like what you see on social media'
- Today 13:57
Hamilton form raises Ferrari F1 move fears
- Today 12:57
Related news
Drive to Survive Season Two launch date revealed
How F1's drivers have transformed over the 2010s
VIDEO: What F1 drivers got each other for Christmas
VIDEO: F1's 10 best overtakes in 2019
F1 Standings
Drivers
- Oliver Bearman
- Charles Leclerc
- Carlos Sainz
- Lando Norris
- Oscar Piastri
- Pierre Gasly
- Esteban Ocon
- Sergio Pérez
- Max Verstappen
- Alexander Albon
- Logan Sargeant
- Lewis Hamilton
- George Russell
- Nico Hülkenberg
- Kevin Magnussen
- Fernando Alonso
- Lance Stroll
- Valtteri Bottas
- Zhou Guanyu
- Daniel Ricciardo
- Yuki Tsunoda
Races
- Gulf Air Grand Prix of Bahrain 2024
- Saudi Arabian Grand Prix 2024
- Grand Prix of Australia 2024
- MSC Cruises Grand Prix of Japan 2024
- Grand Prix of China 2024
- Miami Grand Prix 2024
- Gran Premio dell'Emilia Romagna 2024
- Grand Prix of Monaco 2024
- Grand Prix du Canada 2024
- Gran Premio de España 2024
- Grand Prix of Austria 2024
- Grand Prix of Great Britain 2024
- Grand Prix of Hungary 2024
- Grand Prix of Belgium 2024
- Heineken Dutch Grand Prix 2024
- Grand Prix of Italy 2024
- Grand Prix of Azerbaijan 2024
- Grand Prix of Singapore 2024
- Grand Prix of the United States 2024
- Gran Premio de la Ciudad de Mexico 2024
- Grande Prêmio de São Paulo 2024
- Heineken Silver Las Vegas Grand Prix 2024
- Qatar Grand Prix 2024
- Grand Prix of Abu Dhabi 2024
About GPFans
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.
Follow us on your favorite social media channel
Corporate & Media
Innovatieweg 20C7007 CD, Doetinchem, Netherlands
+31645516860