News Details

Whyte Bikes could seek winding up order against Rich Energy

Whyte Bikes, the company which won a court order against Haas F1 Team title sponsor Rich Energy over the use of its logo, has threatened to pursue a winding up order against the company to recover legal costs it's owed. It's just the latest development in an ongoing saga which earlier this week took another unusual twist when Rich Energy terminated its agreement with Haas via a Twitter statement. That was then denied by the company and it became apparent that a 'rogue employee' had sent the tweet, but had no prior clearance to do so. That employee is believed to be Rich Energy CEO William Storey, who is now battling shareholders for control of the company. But further to that,...
Full Story »
Share

You May Also Be Interested In...

Whyte Bikes set to petition for the bankruptcy of...

Whyte Bikes are set to apply to the court to wind up both Rich Energy and...
6y ago from GrandPrix247.com

Haas F1 sponsor Rich Energy yet to pay Whyte Bike...

Haas Formula 1 title sponsor Rich Energy has failed to pay any of the...
6y ago from Crash.net

More twists in the Rich Energy drama

Whyte Bikes have threatened to 'wind up' Rich Energy and 'petition for...
6y ago from PlanetF1.com

Rich Energy CEO: The palace coup has failed

The Rich Energy/Haas sponsor story has taken a rather strange twist with...
6y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Roger Penske adds voice to discussion on US sports...

Roger Penske, owner of the NTT IndyCar Series and the Indianapolis Motor...
12h ago from MotorsportWeek.c...

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

'They didn't have an answer' - Thierry Henry explains...

Arsenal legend Thierry Henry reckons Sporting CP could get the better of...
29m ago from SportsKeeda.com

‘No fear. Pure fire’: Mikel Arteta rallies wounded...

ager calls on players and fans to embrace the chance of Champions League...
1h ago from TheGuardian.com

We have a big game on Wednesday, not just Sunday

Morning. This feels like such a strange week because at the forefront of...
1h ago from Arseblog.com

Sources: Arsenal willing to sell Jesus and Havertz to...

Arsenal are intensifying their efforts to secure the signing of Julián...
2h ago from CaughtOffside.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.