News Details

Rich Energy blames ‘rogue individual’ as CEO accuses shareholders of ‘coup’

Kevin Magnussen's Haas car in Austria Rich Energy has issued a statement blaming its Haas sponsorship termination tweet on the actions of a ‘rogue individual’ but CEO William Storey has doubled down on the initial communication. The energy drink company tweeted on Wednesday night (local time) that it was terminating its contract with Haas F1 Team due to the team’s “poor performance” and a “PC attitude” in Formula 1. In a double twist, a statement subsequently issued by Rich Energy affirmed that it is “fully committed” to Haas before Storey himself, apparently in response to that statement, was quoted on the same Twitter account claiming that he was the target of a...
Full Story »
6y ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

Rich Energy blasts 'rogue actions of one individual'

Shareholders and board members of sports drinks company Rich Energy have...
6y ago from F1i.com

Rich Energy shareholders blame 'rogue' individual for...

An already bizarre tale, involving the ever mysterious, and elusive,...
6y ago from Pitpass.com

Rich Energy blames 'rogue individual' as it confirms...

The owners of Rich Energy have emphasised their commitment to the Haas F1...
6y ago from MotorsportWeek.com

Rich Energy investors don't want to end contract with...

On Wednesday, Rich Energy posted a blunt tweet which suggested they had...
6y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

How Marco Bezzecchi dominated the Brazilian MotoGP to...

New MotoGP championship leader Marco Bezzecchi overcame a "really...
21h ago from MotorsportWeek.c...

Gresini Racing exploring potential Honda MotoGP...

Gresini Racing are exploring a potential reunion with Honda as a...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

The fish must be fried

Morning. Just woke up. Checking dust levels: settling, but not settled....
1h ago from Arseblog.com

Watch: Ben White’s reaction goes viral after...

Manchester City’s Rayan Cherki found himself at the center of a heated...
10h ago from CaughtOffside.com

Gabriel Magalhaes injury latest concern as four...

Arsenal’s hopes of a historic treble have been dealt a significant blow...
12h ago from CaughtOffside.com

“It felt like a charity sub” - Wayne Rooney shares...

Wayne Rooney revealed that he felt sad for Manchester City star Phil Foden...
14h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.