Rich Energy investors trying to save Haas F1 deal
Motorsport.com - Thu 11 Jul 10:53 GMT

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

  Rich Energy investors trying to save Haas F1 deal Rich Energy's shareholders are understood to be attempting to save the company's relationship with the Haas Formula 1 team after the company tweeted on Wednesday that the sponsorship deal had been terminated.

  Sources have told Motorsport.com that the tweet was either written by or authorised by CEO William Storey without the knowledge of Rich's investors after an apparent difference of opinion.

  The shareholders listed alongside Storey for Rich Energy UK are Brandsellers Holdings Ltd, Robert Lee, Charlie Simpson, Neville Weston and Lloyd Tunicliffe.

  Former Sainsbury's boss Justin King, appointed as advisor to Storey and Rich's board of directors in April, is believed to be involved in sorting out the situation.

  King's son Jordan, an IndyCar and F2 racer, had announced a sponsorship tie-in with Rich back in April.

  On Thursday, Haas issued a statement quoting team boss Gunther Steiner as saying: "Rich Energy is currently the title partner of Haas F1 Team.

  There was no change in the Haas camp at Silverstone on Thursday, with the Rich Energy logos still on display.