Image source: Crash
P1racenews AI automatic summary:
Ex-F1 sponsor William Storey set for £50m takeover of a football team
The former Formula 1 team sponsor, Rich Energy founder William Storey, is required to pass the Football League’s fit and proper owners test in order to finalize the deal. Storey is known for his venture in F1 where he sponsored Haas through Rich Energy. Their partnership ended due to Storey’s claim of terminating the deal because of Haas’ underperformance and he famously compared their car to a milk float. Storey later left his position at Rich Energy and Haas also parted ways with the company in 2019. Rich Energy was later involved in a strange sponsorship situation with the British Superbikes team OMG Racing.
Source: Crash
