Rich Energy to decide on Haas deal before Singapore

Haas team boss Gunther Steiner says a final decision on the future of its title sponsorship deal with Rich Energy will be made before the Singapore Grand Prix.

Rich Energy to decide on Haas deal before Singapore

Although the energy drinks company announced on the eve of the British GP that it had terminated its contract with Haas, the situation remained unclear amid a boardroom battle between major shareholders for control.

Read Also:

Steiner met with Rich Energy representatives in London on Wednesday, and he says that he is now awaiting a final decision for them about whether it wants to continue with its deal.

“It [the situation] has calmed down and now we see where we go from here,” said Steiner, when asked by Motorsport.com about the latest on Rich Energy’s future with the team.

“First we need to be calm and make a rational decision, and then it will be decided. At the moment they [the logos] are on here, as you can see, so they need to decide where they want to go not us. 

"It is their decision, and then our one will follow. That should happen in the next week or so, and this time it will happen properly.”

Steiner said that with the next race in Monza only a week away, it was most likely that a decision from Rich Energy will be made ahead of next month’s Singapore Grand Prix.

He was also clear that the final decision was entirely Rich Energy’s – and he could not predict what the outcome would be.

“I don’t want to go into the contract it is more for them to decide where they are at with their company and if it makes sense for them or not to continue or not,” he said.

“I am not involved – so I cannot comment and I wouldn’t be qualified to comment. I’ve got enough on my plate, I don’t need anybody else’s problems.

"So we agreed that once they are ready to decide where they want to go, the investors, they tell us what they want to do with us and I am fine with it.

“I think it will be after Monza, as Monza is next week so there is very little time to do things properly. Hopefully we can do things properly and respectfully.”

Read Also:

shares
comments
Mercedes chooses Bottas over Ocon for 2020

Previous article

Mercedes chooses Bottas over Ocon for 2020

Next article

Haas names three candidates to partner Magnussen in 2020

Haas names three candidates to partner Magnussen in 2020
Load comments

About this article

Series Formula 1
Teams Haas F1 Team
Author Jonathan Noble
Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place Prime

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place

Three points finishes from as many starts represents a decent opening innings on paper, but Daniel Ricciardo has endured a tough start to his McLaren career - only magnified his teammate's excellent form. Yet both he and the team have good reason to expect a turnaround soon.

Formula 1
May 6, 2021
What needs to “change” for Red Bull is ending Verstappen’s errors Prime

What needs to “change” for Red Bull is ending Verstappen’s errors

OPINION: Going up against the dominant force of Mercedes and Lewis Hamilton was always going to demand the best from Red Bull and Max Verstappen. But after making a couple more errors during the Portuguese Grand Prix, the Dutch driver showed there's a small gap he still needs to close in the 2021 Formula 1 title fight.

Formula 1
May 5, 2021
The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix Prime

The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix

Red Bull's Portuguese Grand Prix fortunes were decidedly second best to Mercedes', but the result skews the potential that the team had at Portimao. With a new set of updates, the team looks good going forward into the rest of 2021's spicy F1 competition

Formula 1
May 3, 2021
Portuguese Grand Prix driver ratings Prime

Portuguese Grand Prix driver ratings

The 2021 Portuguese GP will for several drivers go down as a weekend of missed opportunities amid imperfect track conditions that caused struggles with tyre warm-up. But the performances of a select few stood out from the crowd

Formula 1
May 3, 2021
The five key tests Hamilton passed to claim Portugal victory Prime

The five key tests Hamilton passed to claim Portugal victory

Just as he did in 2020, Lewis Hamilton had to come from behind to win the 2021 Portuguese Grand Prix. Only this time there were two rivals he had to pass, among the several challenges he had to overcome, on his way to securing a 97th grand prix victory

Formula 1
May 3, 2021
The data that leaves both Red Bull, Mercedes uncertain of supremacy Prime

The data that leaves both Red Bull, Mercedes uncertain of supremacy

Lewis Hamilton topped the crucial FP2 session on Friday as F1 returned to Portugal, but his Mercedes team cannot be sure it has the edge on its Red Bull rivals. As cool temperatures and wind combine with the still-slippery surface to present drivers with quandaries over set-up and tyre warmup, there's still everything to play for come qualifying.

Formula 1
May 1, 2021
How in-form Norris is staking his claim as Britain's next F1 champion Prime

How in-form Norris is staking his claim as Britain's next F1 champion

As a highly-rated Mercedes junior, George Russell is naturally billed as Lewis Hamilton's heir apparent where Britain's next Formula 1 champion is concerned. But he may face competition for that accolade from Lando Norris, fresh from a confidence-boosting run to third at Imola whose rise is being accelerated by his McLaren team’s revival

Formula 1
Apr 29, 2021
The biggest headache F1 faces over its sprint race experiments Prime

The biggest headache F1 faces over its sprint race experiments

The news this week that F1 has green-lit 'sprint qualifying' races that will determine the grid for three grands prix in 2021 was met with a blend of excitement and scepticism. But before those in both camps can be vilified, F1 must first work out what its criteria is for success - and what will justify making them a more permanent fixture

Formula 1
Apr 28, 2021