Current Haas

From the start of the 2016 season we will be able to welcome the Haas F1 Team into the F1 fold. They have just announced one of their drivers in a live stream on their website a really good signing with the talent that is Roman Grosjean. No word of the second driver as yet.

Stewart Haas Racing in NASCAR already stands the team in good stead to getting off to a flying start. These guys know how to race. In turn they also have one of the best wind tunnels in the world and CNC factories at their beck and call as part of the Haas empire.

They seem to think they can hit the ground running and score points in their first season.

I say good luck to them.

 

[Il_leone]

See my previous article with regards to what Rich Energy have bought into F1 and the infringement rights with the logo used. I don't think it is just purely poor performance of Haas causing Rich Energy to leave F1

Ted Kravitz has also retweeted this

 

[sobriety]

Blast, the RIch Energy saga was one of the few guaranteed pieces of entertainment at any race.

 

[gethinceri]

Never heard of them, couldn't give a fuck about them.

 

[Publius Cornelius Scipio]

one of my favourite subjects in F1 is under the spotlight once again... the sponsorship deal between Rich Energy and Haas... at first Rich Energy claimed that they had terminated their sponsorship deal with Haas then Rich Energy's mighty shareholders say that it's not true... hand on a second, what is Haas saying about this? they say that the deal is still on...

what an amazing story, my favourite bit is in the first article that I linked, where it reads

Rich CEO William Storey is also required to provide details of the company's drinks production and financial performance, including its relationship with Haas, by August 1

how intersting is that? Rich Energy has never published any meaningful financials, no one knows how many cans they sell (I have never actually seen their products on the shelves of a supermarket, maybe I'm just unlucky and West Ealing's Waitrose is being difficult with them), their shaholders are a slightly odd bunch of people with no track record of running a business, they have just lost a court case and now, a few days before they have to disclose their numbers (relevant for deciding the compensation that they owe to Whyte Bikes for copyright infringement) they unilaterally terminate their contract with Haas because of poor performance (something tells me that there is no such provision in their contract with Haas, or at least not under such terms), how convenient is that? if I was being naughty I could say that is looks just like a very poor way of trying to limit your liabilities before filing for bankruptcy

this story is going to be be very interesting, I really look forward to know how much money Rich Energy actually paid to Haas, I wouldn't be suprised if the answer was 0 (from the first article linked

Asked in Mexico if Haas had done its due diligence on Rich given the short timeframe, Steiner said: "Your due diligence you don't do with the person there, there's some other ways to do that. "We did what we need to do. We needed to do it before we met him. Why do you doubt that? Obviously we did what we needed to do, and our legal advisors were content with that."

)

 

[Grizzly]

I'll just get my popcorn, settle down and watch the show

 

[F1Brits_90]

very true, as im so confused I still feel it wont happen & is more like toys being chucked out of the pram

 

[Grizzly]

Here we go then Publius...

I'm just quoting Motorsport.com

Clearly the rogue actions of one individual have caused great embarrassment. We are in the process of legally removing the individual from all executive responsibilities. They may speak for themselves but their views are not those of the company."

The statement also described the previous tweet as "regrettable" and having come from "an unauthorised source".

"We wish to confirm our commitment to the Haas F1 Team, Formula 1 and to thank the Haas F1 Team for their support and patience whilst this matter is dealt with internally," the statement concluded.

The "individual" behind the "rogue actions" in question was not directly named in the statement.

Mr Storey gone or do they have mole in their endless employee list?

 

[Grizzly]

Who's eaten all my fucking popcorn?

Own up or i'm taking to Twitter!

 

[Il_leone]

well if this is suppose to create PR.. this is very embarrassing for both team and Rich

 

[RasputinLives]

So apparently, in a bid to find out what's gone wrong, Haas have reverted Grosjeans car back to Australia spec. Litterally back to where they started. Grosjean has been asking for them to do it for two races now.

 

[Publius Cornelius Scipio]

this is very embarrassing for both team and Rich

I think that it's especially embarassing for Haas, they clearly didn't do their homework (not, I'm not referring to last race's poor result, but to the lack of any meaningful due diligence on Rich Energy, which, if I'm not mistaken, is still operating from some remote garage in a back street in south London)

 

[Izumi]

Is there potential for negative reflection for their (Haas) partners as well? Guenther Steiner claims they have executed their due diligence on this deal.

 

[Il_leone]

Then promptly crashed in the pitlane

Gunther must be thinking

 

[Il_leone]

Izumi
You mean they stole Rich from Williams seems to be the story


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I don't Haas are happy with Rich. The question is who in Rich was able to make such a statement on twitter because surely it is someone within their PR team who would control the social media channels

If its been leaked that Rich want tot leave Haas.. it certainly has not been done in a proper manner which has got Guenther angry

 

[Izumi]

Izumi
You mean they stole Rich from Williams seems to be the story


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I don't Haas are happy with Rich. The question is who in Rich was able to make such a statement on twitter because surely it is someone within their PR team who would control the social media channels

If its been leaked that Rich want tot leave Haas.. it certainly has not been done in a proper manner which has got Guenther angry

Unwelcome distraction from team's focus in the middle of a racing season.

 

[F1Brits_90]

so now what for haas because of all times to have that race, what will we have in germany because if Rich Energy weren't happy before they'll be furious now

 

[Il_leone]

There apparently is conflicting views at Rich Energy - the shareholders are still interested in F1 and therefore on Haas' side then you got the owner who is a bit looney thinking because he owns the company can make all the decisions like that and the one who made the twitter statement.

 

[Bill Boddy]

If I owned a company that was losing money I would feel quite entitled to close it down.

 

[Il_leone]

Bill Boddy Yeah I agree with that but it seems like he is not the owner so to speak or the one with the controlling stake

 

[Publius Cornelius Scipio]

the saga is not over yet Lightning Volt