Haas terminates Rich Energy F1 title deal

Haas has ended its Formula 1 title partnership with Rich Energy🧜 with immedi🍌ate effect following the Italian Grand Prix. 

British energy drinks brand Rich Energy signed a deal to become Haas' first-ever title sponsor ahead of the 2019 seꦆason, though the collaboration has lasted less than a year. 

The news followed directly after last weekend's 13th round of the season at Monza and came amid an uncertain future between the two parties after Rich Energy became embroiled in a legal dispute over its logo with 🐻British bike company Whyte Bikes.

Haas terminates Rich Energy F1 title deal

Haas has ended its Formula 1 title partner🥃ship with Rich Energy with immediate effect following the Italian Grand Pr🤡ix. 

British energy drinks brand Ri꧃ch Energy🌸 signed a deal to become Haas' first-ever title sponsor ahead of the 2019 season, though the collaboration has lasted less than a year. 

The news followed directly after last weekend's 13th round of the season at Monza and came amid an uncertain future between the two part🐻ies after Rich Energy became embroiled in a legal dispute over its logo with British bike company Wh꧂yte Bikes.

Ahead of July's British Grand Prix, the situation escalated when a social media post from Rich Energy's official Twitter account claimed it had terminated its deal with Haas, citing "poor performance" following a difficult start to the campaign for thℱe American squad.&🍒nbsp;

A team statement posted on social media on Monday read: "Haas F1 Team and Riဣch Energy have amicably agreed to end thier partnership together in the FIA Formula 1 World Championship with immediat❀e effect.

"While enjoying substantial brand recognition and significan🌠t exposure through its title partnership of Haas F1 Team in 2019,✅ a corporate restructuring proccess at Rich Energy will see the need for a revised global strategy.

"Subsequently, Haas F1 Team and Rich Energy concluded a termination of the existing partnꦿership was the best way forward for both parties. 

"Haas F1 T♉eam would like to express its thanks and best wishes to the stakeholders at Rich Energy."

No further information was provided by 🦹Haas and༺ it remains to be seen what effect the deal breakdown will have on Haas' car livery for the remainder of the season. 

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