Rich Energy cancel Haas deal, cite ‘poor performances’

Michelle Foster 11 Jul 2019 7:08 AM

Rich Energy, Haas’ controversial title sponsor, has terminated their contract with the Formula 1 team, citing “poor performance”.

Haas and Rich Energy joined forces at the start of this season with the team unveiling a black-and-gold liveried VF19.

The partnership, though, has been anything but successful.

While Haas have struggled out on track, Rich Energy have spent their days in the court rooms arguing against a copyright claim over the stag logo.

The team lost the case and had to remove the stag while further court hearings will be set out to decide the full costs of the copyright.

But whether that has any role to play in Rich Energy shocks announcement, Haas no longer have a title sponsor of this weekend’s British Grand Prix.

Rich Energy took to twitter to make the announcement.

“Today Rich Energy terminated our contract with Haas F1 Team for poor performance,” said the energy drink company.

“We aim to beat Red Bull Racing and being behind Williams Racing in Austria is unacceptable.

“The politics and PC attitude in F1 is also inhibiting our business.

“We wish the team well.”

Today @rich_energy terminated our contract with @HaasF1Team for poor performance. We aim to beat @redbullracing & being behind @WilliamsRacing in Austria is unacceptable. The politics and PC attitude in @F1 is also inhibiting our business. We wish the team well #F1 #richenergy pic.twitter.com/9mAt2dOnYu

— Rich Energy (@rich_energy) July 10, 2019