News Details

Haas seeking 35 million from Rich Energy for contract breach

British Grand Prix – The Rich Energy Twitter account has released a letter, purportedly from Haas' lawyers, that show the team are seeking 35 million pounds in damages. Rich Energy has released a letter that appears to have been sent from Ebury Partnership, on behalf of Haas, to the company. This has been done in order to verify the claim from the same Twitter account earlier this week that they had cancelled their sponsorship agreement with Haas. In the letter, dated 11th of July, the agents say that Haas has agreed to the decision to end Rich Energy's sponsorship of the team with immediate effect. However, this would result in the team being entitled to damages for breach of...
Full Story »
6y ago from FormulaSpy.com 0
Share

You May Also Be Interested In...

Rich Energy dump Haas F1 over…'poor...

Photo by: www.kymilman.com/f1 When Haas F1 announced its new sponsorship...
6y ago from TheParcFerme.com

Rich Energy: Rogue actions of one individual

The Rich Energy saga took a Monty Python-esque turn as the company are...
6y ago from GrandPrix247.com

Haas F1, Rich Energy story gets even more bizarre

The Haas F1 team is now fully cast in a leading role in a soap opera over...
6y ago from TheParcFerme.com

Haas reacts to Rich Energy tweet

Haas team boss, Guenther Steiner has issued a brief 'no comment' in...
6y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez expects ‘even faster’ times from 2027...

Marc Marquez has cast doubt over claims that the new 850cc MotoGP engines...

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

WRC Rally Scotland brings top tier rallying back to...

The 2027 WRC calendar should have an exciting new event on the calendar:...

Popular On GunnersToday.com

Paul Merson predicts winner of Arsenal vs Manchester...

The Carabao Cup final between Arsenal and Manchester City at Wembley is...
2h ago from SportsKeeda.com

Arsenal and the League Cup- a complex history

Maybe I shouldn’t be typing these words ahead of Sunday but Arsenal and...
2h ago from Arseblog.com

Champions League review: more trauma for the Premier...

y two of the Premier League’s last-16 teams made it to the...
2h ago from TheGuardian.com

Agent confirms Arsenal interest in attacker with 70...

Pio Esposito’s agent has confirmed that Arsenal are interested in...
3h 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.