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Haas F1 and the Rich Energy Meltdown

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Rich Energy seems to be the fulfillment of ACME (A Company Making Everything): They produce everything as much as they do energy drinks :D
wile-e-coyote-acme-products-catalog.jpg

Box_of_%22ACME_EXPLOSIVE_TENNIS_BALLS%22_%28screencap%29.jpg
acme_products.jpg

acme3.jpg
 
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The Jalopnik enquiry about Rich Energy mentioned that they were funded in part by a Croatian businessman and some guy who made a fortune in porn. Their "cutting-edge facility" is supposed to be somewhere in Austria. Their CEO looks like a cool blending between Forrest Gump and a doom-metal headbanger, but somehow he does not inspire a lot of confidence.
 

Paul Glover

RaceDepartment Social Media Manager & Podcast Host
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I'm starting to wonder if RedBull exist for real, has it all been a dream?
 

NDG

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I'm becoming a fan of this guy! :D I'm not gonna argue if he's legit or not. More like, "catch me if you can" adventure. Remember that movie? I wanna know the ending and I want a happy one, for him. Yeah I'll be very happy and amazed if he can come out clean at the end of all this.
 
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The Jalopnik enquiry about Rich Energy mentioned that they were funded in part by a Croatian businessman and some guy who made a fortune in porn. Their "cutting-edge facility" is supposed to be somewhere in Austria. Their CEO looks like a cool blending between Forrest Gump and a doom-metal headbanger, but somehow he does not inspire a lot of confidence.
all the good things come from austria =P
 
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If you gonna laundry some Narco money, this would be one of the perfect plot to do it... IF it was not an F1 Team, they receive too much scrutiny.
 
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This company need to do their research before they can mouth off.

Ironically, Whyte Bikes's founder, Jon Whyte, was a suspension designer at Bennetton during the Schumacher era. He joined the cycle distributor, ATB, shortly after Schumacher left for Ferrari and designed the suspensions for Marin (who ATB used to distribute). Whyte left the company shortly after its brand's foundation.

https://bikemagic.com/news/jon-whyte-leaves-atb-sales.html
 
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Is this some kind of money laundry ?

That's one of the more plausible theories yes.

There was another energy drink company that sponsored Simtek in 95 called "XTC", they just "forgot" to pay for their sponsorship but had received the branding anyway.
 
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Good article.

It could be money laundering or maybe it is just another huge confidence trick.

There is another stock market confidence game unravelling here in the UK with 'star performer' Neil Woodford suddenly being found to not have made anywhere near the claimed 18%+ marking returns (actually closer to 0.36% & yes some lucky people did make those gains with some short term wins). He's stopped people taking their own money out of the funds despite assurances they could. He had convinced people to invest billions with him through confidence, once the confidence was lost the run on funds was fast and still continues. Woodford still takes £100k per day 'management fee' despite all this.

The confidence pattern is well known in the stock market and in business yet people still fall for it. This Rich Energy case could be linked to crime but alternatively, there may be a lot of investors promised huge returns on the energy drink that will prove to be as elusive as the cans of the stuff.

It's amazing what greed drives people to do and believe.
 
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If you gonna laundry some Narco money, this would be one of the perfect plot to do it... IF it was not an F1 Team, they receive too much scrutiny.
They're in for a rude awaking so.
"when do we get our laundered money back"
Haas"lol, money back? That's not how F1 works"
 
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