Haas Formula 1 team refutes Rich Energy's Saudi takeover claims

Haas Formula 1 team boss Gunther Steiner denied the suggestion from former title sponsor Rich Energy that the team is in talks to be sold to investors from Saudi Arabia

Haas Formula 1 team refutes Rich Energy's Saudi takeover claims

Even though Rich Energy agreed to terminate its sponsorship deal with Haas following the Italian Grand Prix, the energy drinks company has continued to post social media linked to the team.

In one Tweet ahead of the Singapore GP weekend, Rich Energy wished the team luck "in negotiations seeling the team to Saudi investors".

But that post has bemused Steiner, who is adamant that the team is not for sale and knows nothing about any disussions with individuals from Saudi Arabia.

"I don't know how to respond," he said, when asked by Autosport about the Rich Energy claim.

"I wish the investors also good luck and thank you. I don't know them."

While Haas owner Gene Haas has expressed some frustration this season at the way his outfit has been unable to make the progress hoped for, he remains committed to F1 for now.

Steiner is clear that as far as he was aware, there was no indication that Haas wanted to sell his operation.

"No, you cannot buy it," he said.

"It is one of their [Rich Energy's] tweets and I don't answer to tweets or anything.

"It's not us. I don't want to go there."

shares
comments
Ferrari gave Mercedes a team-management lesson
Previous article

Ferrari gave Mercedes a team-management lesson

Next article

Motorsport Live offers help for affected Thomas Cook customers

Motorsport Live offers help for affected Thomas Cook customers
Load comments
The impressive attitude that earned Albon his second F1 chance Plus

The impressive attitude that earned Albon his second F1 chance

Dropped by Red Bull last season, Alexander Albon has fought back into a Formula 1 seat with Williams. ALEX KALINAUCKAS explains what Albon has done to earn the place soon to be vacated by the highly rated George Russell

How Formula E factors could negate Red Bull's Jeddah practice gap to Mercedes Plus

How Formula E factors could negate Red Bull's Jeddah practice gap to Mercedes

Mercedes led the way in practice for Formula 1’s first race in Jeddah, where Red Bull was off the pace on both single-lap and long runs. But, if Max Verstappen can reverse the results on Saturday, factors familiar in motorsport’s main electric single-seater category could be decisive in another close battle with Lewis Hamilton

Formula 1
Dec 3, 2021
Why Norris doesn’t expect Mr Nice Guy praise for much longer Plus

Why Norris doesn’t expect Mr Nice Guy praise for much longer

Earning praise from rivals has been a welcome sign that Lando Norris is becoming established among Formula 1's elite. But the McLaren driver is confident that his team's upward curve can put him in the mix to contend for titles in the future, when he's hoping the compliments will be replaced by being deemed an equal adversary

Formula 1
Dec 2, 2021
What Ferrari still needs to improve to return to F1 title contention Plus

What Ferrari still needs to improve to return to F1 title contention

After a disastrous 2020 in which it slumped to sixth in the F1 constructors' standings, Ferrari has rebounded strongly and is on course to finish third - despite regulations that forced it to carryover much of its forgettable SF1000 machine. Yet while it can be pleased with its improvement, there are still steps it must make if 2022 is to yield a return to winning ways

Formula 1
Dec 2, 2021
How F1 teams and personnel react in pressurised situations Plus

How F1 teams and personnel react in pressurised situations

OPINION: The pressure is firmly on Red Bull and Mercedes as Formula 1 2021 embarks on its final double-header. How the respective teams deal with that will be a crucial factor in deciding the outcome of the drivers' and constructors' championships, as Autosport's technical consultant and ex-McLaren F1 engineer explains

Formula 1
Dec 1, 2021
Why Ferrari is sure its long-term Leclerc investment will be vindicated Plus

Why Ferrari is sure its long-term Leclerc investment will be vindicated

Humble yet blisteringly quick, Charles Leclerc is the driver Ferrari sees as its next
 world champion, and a rightful heir to the greats of Ferrari’s past – even though, by the team’s own admission, he’s not the finished article yet. Here's why it is confident that the 24-year-old can be the man to end a drought stretching back to 2008

Formula 1
Nov 30, 2021
The downside to F1's show and tell proposal Plus

The downside to F1's show and tell proposal

Technology lies at the heart of the F1 story and it fascinates fans, which is why the commercial rights holder plans to compel teams to show more of their ‘secrets’. STUART CODLING fears this will encourage techno-quackery…

Formula 1
Nov 29, 2021
How getting sacked gave Mercedes F1’s tech wizard lasting benefits Plus

How getting sacked gave Mercedes F1’s tech wizard lasting benefits

He’s had a hand in world championship-winning Formula 1 cars for Benetton, Renault and Mercedes, and was also a cog in the Schumacher-Ferrari axis. Having recently ‘moved upstairs’ as Mercedes chief technical officer, James Allison tells STUART CODLING about his career path and why being axed by Benetton was one of the best things that ever happened to him

Formula 1
Nov 28, 2021