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

Trackhouse boss reveals steps MotoGP must take to...

Trackhouse owner Justin Marks has revealed how he plans to promote his...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Thierry Neuville crashes out of Croatia lead in final...

A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...

Popular On GunnersToday.com

'Lack basic footballing IQ', 'Should feel so...

Arsenal fans are furious with Noni Madueke and Gabriel Martinelli despite...
3h ago from SportsKeeda.com

'Who cares what people think' – Arsenal star...

Arsenal secured their place in the Champions League semi-finals for the...
5h ago from CaughtOffside.com

‘Shattered’ Rice wows Arteta by getting off...

t;li>Captain’s brave display helps Arsenal reach semi-final‘We are...
4h ago from TheGuardian.com

Player ratings: Arsenal 0-0 Sporting (1-0 agg)

Arsenal reached the Champions League semi-final for consecutive seasons...
4h ago from FreshArsenal.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.