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 »
5y 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...
5y 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...
5y 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...
5y ago from TheParcFerme.com

Haas reacts to Rich Energy tweet

Haas team boss, Guenther Steiner has issued a brief 'no comment' in...
5y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin provides injury update after Qatar MotoGP...

World Champion Jorge Martin says he is still experiencing “intense...
11h ago from MotorsportWeek.c...

Francesco Bagnaia explains ‘weak point' that...

Factory Ducati rider Francesco Bagania explained his "weak...

Popular On IndyCarToday.com

IndyCar outlines replacement driver rules for Indy 500

The NTT IndyCar Series has released updated guidelines that will be...

NFL star Rob Gronkowski named Grand Marshal of Indy...

Indianapolis Motor Speedway announced a unique appointment on Wednesday,...

Popular On TotalWRC.com

Outback diplomacy: Finnish ambassador braves...

o Haapea hopes to raise $30,000 for cancer research as he navigates the...
1w ago from TheGuardian.com

Popular On GunnersToday.com

'Spoken to players…' – Mikel Arteta makes...

Arsenal manager Mikel Arteta has made the exciting claim that players...
1h ago from CaughtOffside.com

Mikel Arteta drops mysterious Thomas Partey contract...

Arsenal manager Mikel Arteta provides the latest on Thomas Partey's...
5h ago from SportsMole.co.uk

Arsenal and Liverpool keeping tabs on 23-year-old...

Arsenal and Liverpool are keeping a close eye on Juventus midfielder...
6h ago from SportsKeeda.com

Arsenal's 'coming of age moment' against Real Madrid...

Arsenal's astounding 5-1 aggregate win over Real Madrid in the...
6h ago from SportsMole.co.uk

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.