News Details

More twists in the Rich Energy drama

Whyte Bikes have threatened to 'wind up' Rich Energy and 'petition for the bankruptcy' of CEO William Storey over unpaid legal costs. Earlier this year Rich Energy, the Haas F1 team's title sponsor, was taken to court by Whyte Bikes regarding copyright of their stag logo. Rich Energy lost the case and were ordered by the judge to cover Whyte Bikes' legal costs with more financial damages to follow. As yet, though, Rich Energy, together with Storey and logo designer Staxoweb, haven't paid that bill. A statement from Whyte Bikes read: 'On June 27 2019 the High Court in London made various orders against the defendants, Rich Energy, William Storey and Staxoweb. One of the orders was that they...
Full Story »
6y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Whyte Bikes set to petition for the bankruptcy of...

Whyte Bikes are set to apply to the court to wind up both Rich Energy and...
6y ago from GrandPrix247.com

Haas F1 sponsor Rich Energy yet to pay Whyte Bike...

Haas Formula 1 title sponsor Rich Energy has failed to pay any of the...
6y ago from Crash.net

Rich Energy CEO: The palace coup has failed

The Rich Energy/Haas sponsor story has taken a rather strange twist with...
6y ago from PlanetF1.com

Rich Energy blames ‘rogue individual’ as CEO...

Kevin Magnussen's Haas car in Austria Rich Energy has issued a statement...
6y ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP legend shares how ‘different level’ Marc...

Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
18h ago from MotorsportWeek.c...

Trackhouse boss reveals steps MotoGP must take to...

Trackhouse owner Justin Marks has revealed how he plans to promote his...

Popular On IndyCarToday.com

Experienced engineer Mike O’Gara joins IndyCar as...

IndyCar has announced that Mike O’Gara has joined the series as Vice...

Popular On TotalWRC.com

Thierry Neuville crashes out of Croatia lead in final...

A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...

Popular On GunnersToday.com

“Biggest game of the season” - Alan Shearer...

Premier League legend Alan Shearer has shared his prediction for the...
54m ago from SportsKeeda.com

On Alex Manninger

Morning. Hope you're all well this Friday. I don't really know where to...
54m ago from Arseblog.com

The next Martin Odegaard is on Arsenal's radar but...

Arsenal reportedly have an eye on a player who's been compared with club...
1h ago from CaughtOffside.com

Attacker pushes to join boyhood club Liverpool despite...

Ever since his blockbuster switch to Newcastle United, the electric winger...
1h 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.