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Rich Energy blames ‘rogue individual’ as CEO accuses shareholders of ‘coup’

Kevin Magnussen's Haas car in Austria Rich Energy has issued a statement blaming its Haas sponsorship termination tweet on the actions of a ‘rogue individual’ but CEO William Storey has doubled down on the initial communication. The energy drink company tweeted on Wednesday night (local time) that it was terminating its contract with Haas F1 Team due to the team’s “poor performance” and a “PC attitude” in Formula 1. In a double twist, a statement subsequently issued by Rich Energy affirmed that it is “fully committed” to Haas before Storey himself, apparently in response to that statement, was quoted on the same Twitter account claiming that he was the target of a...
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