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  • Writer's pictureBillions Luxury Portal


Title sponsors Rich Energy have terminated there contract with the American team citing poor performance...

Currently sitting in ninth position the American team has endured a tough start to the season having not scored a single point since May’s Monaco Grand Prix.

In a tweet posted on social media Rich Energy stated “We aim to beat Red Bull and being behind Williams in Austria is unacceptable. The politics and PC attitude in F1 is also inhibiting our business. We wish the team well.”

The termination comes just one month after the Haas F1 team was asked to remove Rich Energy's stag logo from its cars prior to the Canadian Grand Prix due to a copyright dispute with Whyte Bikes, which has an almost identical logo. A ruling by the High Court allowed Whyte Bikes to lodge an injunction against Rich Energy to ensure it stopped using the logo, while also entitling Whyte to potential damages or a share of profits.

At the time, Rich Energy claimed the court ruling would not change its future marketing programs


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