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 »
5y 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...
5y 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...
5y 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...
5y ago from PlanetF1.com

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

Kevin Magnussen's Haas car in Austria Rich Energy has issued a statement...
5y ago from SpeedCafe.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Di Giannantonio sets lap record to top second...

Fabio Di Giannantonio set a stunning lap to break the all-time lap record...

Jorge Martin set to remain with Aprilia for 2026...

Jorge Martin is set to make a U-turn on his 2026 MotoGP contract decision...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Exclusive: 'He only wants to play for Mikel Arteta'...

The deal for Viktor Gyokeres to Arsenal has NOT collapsed, despite the...
1h ago from CaughtOffside.com

'Little bit too obvious' – Collymore gives...

Arsenal have been busy in the transfer market in the last couple of weeks,...
2h ago from CaughtOffside.com

Murals outside Emirates stadium vandalized as Arsenal...

Murals outside the Emirates Stadium have been vandalised by Arsenal fans...
3h ago from SportsKeeda.com

£52m star given permission to travel to UK for...

Chelsea winger Noni Madueke has reportedly been given permission to leave...
2h 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.