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Haas title sponsor could be bankrupted

Jul.13 Haas' disruptive and highly controversial title sponsor could be wound up. Rich Energy, an elusive British energy drink, has been hogging the headlines this weekend as an internal battle for control of the company became highly public. "We were briefed that there was a ... an incident," driver Kevin Magnussen told BT newspaper. Rich Energy boss William Storey, who it subsequently emerged has been ousted, had announced via Twitter that the company would no longer sponsor Haas. But Haas' other shareholders said they were still committed to the American team. The F1 team is clearly concerned. A letter from Haas' lawyer to the shareholders reads: "We are somewhat at a...
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