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

Toprak Razgatlioglu explains his adaptation to MotoGP...

Toprak Razgatlioglu reveals his initial thoughts on adapting to Michelin...
12m ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar announces Donald Trump-backed race on National...

IndyCar has announced an inaugural race on America's National Mall,...

Popular On TotalWRC.com

Popular On GunnersToday.com

‘One to watch' – Arsenal given hope of...

Arsenal’s transfer strategy has been forced into an unexpected turn...
3h ago from CaughtOffside.com

Madueke to haunt Chelsea after getting off mark at...

Noni Madueke made use of the time wisely. With around 20 minutes until...
2h ago from SkySports.com

Advantage Arsenal, but still work to do to reach...

Morning all. It's a big one this evening as we take on Chelsea in the...
3h ago from Arseblog.com

Comments


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.