News Details

Steiner: Of course we lost money with Rich Energy saga

Haas F1 team principal Gunther Steiner has admitted that the headline-grabbing Rich Energy debacle will have an impact on his team's bottom line. For the 2019 Formula 1 season, the American team partnered with the dodgy British energy drink start-up to be its title sponsor, but after a drawn-out saga involving Rich Energy's controversial boss William Storey, Haas is now without a title sponsor. During an interview, Steiner told Championat, 'Of course we have lost money, but fortunately we are sponsored by Haas Automation. Yes, it will be necessary to save money somewhere to compensate for the loss, but it's not a matter of survival. The situation will not have a huge impact on our 2020...
Full Story »
6y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Venturi to run Mercedes powertrain for season 6

Venturi Racing have partnered with Mercedes-Benz to receive powertains...
6y ago from FormulaSpy.com

Is Gene Haas disenchanted with Formula 1?

Formula 1 team Haas has no immediate plans to pull out of the sport amid...
6y ago from GrandPrix247.com

Binotto: Next year's car will be an evolution

Ferrari team boss Mattia Binotto revealed that the team's 2020 Formula 1...
6y ago from GrandPrix247.com

Seidl: McLaren-built F1 engine never seriously...

McLaren team boss Andreas Seidl says the woking outfit 'never considered'...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Quartararo reveals Yamaha is still “missing...

Fabio Quartararo revealed Yamaha was still “missing quite a lot” from...

Maverick Vinales announces partnership with former...

Maverick Vinales has announced that he will be working with five-time...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Alex Palou’s Indy 500 win immortalized on...

Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal told to pay £44 million for 15-G/A...

Arsenal have joined the race to sign the Bundesliga striker Serhou...
3h ago from CaughtOffside.com

Real Madrid could offer between 120-150 million for...

Arsenal attacker Bukayo Saka has been linked with Real Madrid in recent...
4h ago from CaughtOffside.com

'It’s always tough to predict a derby' - Alan...

Alan Shearer has backed Arsenal to beat arch-rivals Tottenham Hotspur in...
8h ago from SportsKeeda.com

Elba meets Eze! Pair discuss joining Arsenal, NLD,...

Actor Idris Elba sits down with Arsenal's Eberechi Eze to discuss his move...
6h ago from SkySports.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.