Send Sponsor Formula with airSlate SignNow

Send sponsor formula

like a lot of you if one nerds out there mystery surrounding rich energy has intrigued me like how do these guys come for virtually nothing to being plastered all over Vermont grow Jon's loins these guys were in the f1 game for around about a year but just recently has announced that return G in themselves are no longer in cahoots before now seems to be an appropriate time to take it all in reflect and find out what the happened to reach energy now this video is primarily about what happened to reach energy brain within Formula One but let's get into the background of this totally 100% legitimate company shall we the development of the rich energy beverage that we know but can't enjoy today began back in 2009 although the rich energy brand that was founded in 2015 by this guy Williams story former CEO of rich energy an actual Bad Santa he was also aided in this venture by an anonymous Austrian scientist to maintain note so far this is sounding like a plot line for a Tom sex snuff movie but I mean hey here we are through the years a sponsor's them through the years they sponsored an array of athletes and sports teams as well as some motorsport interests they enjoyed decent brain recognition but nevertheless the aim was Formula one and by the time 2018 rolled around they similarly had the we're at all to dip their toe into Formula One after the force a new team was put into administration by the High Court a new owner was required to keep the team float now before the team was purchased by a consortium of investors led by Lance trolls ACM Williams story had stated that rich energy had pledged a formal offer of a hundred million pounds toward the end of April although other sources stated it was 200 million whatever the case the purchase pirate energy was denied by the High Court despite a late 30 million pound investments and so left rich energy back at square one when it came to entering Formula One after failing to strike a deal with McLaren and Williams rich energy finally got their claws into Formula One when they signed a deal to become the title sponsor of the house for one team now by this stage everyone had their doubts I mean come on here comes this company out of the blue that we've never seen or heard of and they're diving into the deep into Formula one rule I hate that these guys come from irrespective of whether the head investors or not the lack of product as well as the fact that rich energy only had 581 pounds in the bank of 2017 but they're formerly one fans were starting to wonder what in God's name was going on which is a fair question because a lot of us had more than 581 quid in the bank but how many of you actually own for the one team hmm answer that one but yeah this guy's story was that rich energy had produced 90 million drink cans and 4 million pounds worth of endorsed alright alright fair enough but endorsements and investments are two very different things no doubt the product desists but 90 million cans yeah I don't know about that I mean I might live on the other side of the world and finding it on the shelves here is not gonna happen but other than ordering on Amazon or on the rich energy personal website you really can't find the stuff anywhere now when are they targeting clubs and hotels and stuff are really now furthermore if you go onto their website they state that they have a 50 million pound cutting-edge manufacturing facility yet when you check their financials I supposedly have a little less than 18 thousand quids worth of tangible assets now I'm no expert on the stuff but there is a pretty big gap between 50 million pounds in 80,000 pounds well maybe it isn't and I'm just not good at laundering money but that gives you an idea of where most of us were looking at rich energy and thinking ha and sure enough that was just the beginning because once they actually got into Formula One that's when everything started to go downhill as any informed individual knows the time for pre-season testing in Formula 1 is while it's pointless I mean you can give you a little bit of an idea where everything's at everyone's on different programs everyone's on different Watts some a so completely pointless this is not Formula One qualifying you really shouldn't be expecting it unless you're Saint Nicolas over here in which case you come in with this peach of a tweet ok I've got to hand it to these guys they're not short of optimism aren't they cuz new sponsors never do well in their first outings don't they hey we keep on saying therefore we want a short of characters so it's nice to see the odd loose cannon around to remind ourselves that these guys are actually human unlike so guys are rockin but for however entertaining they were with social media or indeed any method of communication the methods did land them in some hot water sometimes lawsuits namely two of them specifically the first one was for the copyright infringement over their logo for climbers at which energy stag was too close to that of the white bikes logo and if you would put the two side-by-side you can see that rich Energy's logo wasn't a similar to why's it's a blatant ripoff I mean come on if you're gonna steal someone else's work at least to try and dress it up and make it look like your own I'm sure enough white ended up winning the court case that's a shock after it was found out that the logo was knowingly stolen and as a result was required to pay wife's thirty five thousand four hundred sixteen pounds within 14 days which they didn't do incidentally lawsuit number two was with all rich energies Twitter account late court documents that suggested the red board pursuing election against them over apparently a slogan issue oh great let the whole world know that your competition are gonna take you to the cleaners huh Hecky James and to compound all this the team they were sponsoring Haas was struggling really badly throughout most of the first half of the season and even at the time of making this video they're really not recovering that well only Williams has really beaten them to the wooden spoon and Lance draw now if Williams story who I have no doubt runs to Twitter account was over the moon over freakin test results how do you think he reacted when a Red Bull let both of their cars on Austria well when the British Grand Prix came up in the next round this is what he gave out there were no house was avoiding badly how do you think rocket feels with how William Sabine and I honestly don't get the hard on these guys head for Red Bull like seriously you claim to win taste tests and all that yet you feel the need to spend millions of quid just a bit red Bourne Formula One and also claiming Formula One to be inhibiting their business yeah sure right but if they legitimately did it probably be down to the fact that the days of Andrea motor taught us not to feed the freakin animals so that was supposedly the internet apparently not Hostin confirmed us themselves and Gunther Steiner seem to be really miffed about it as we all were because that tweet was pretty abrupt after this the company's shareholders basically tried to rescind the termination deal even though it was most likely not real but this was enough to have those shareholders take story out of the driver's seat and instead put in a level-headed individual to take charge story would label this a coup d etat tent which to us credit is a little bit accurate to describe the situation but I mean hate to perhaps is a reason for it throughout the British Grand Prix weekend Bad Santa continue to bombard Twitter with ridiculous tweets such as this before finally coming up with this gym after the double D and F of Magnussen and grow John I've got to give credit though there was pretty funny but following the Guam pre weekend private emails continued to be leaked onto the Twitter page in particular this leaked email pass had asked rich energy to pay the six million quid outstanding as of the 18th of July as well as 35 million pounds in compensation payments after a pure damage that was inflicted when story went on Twitter and and rambled on about milk floats which rich indeed could have easily paid off given they had 581 quid in the bank as of a couple years ago but it also detailed that the first chance that story could have terminated that deal would have been a December 2020 Andy of Santa de Lorean has weights that date he can terminate that deal due to poor performance because there is no clause in that contract that says poor performance could warrant terminating the deal so I you're out of that one and so on the 16th of July rich energy had changed their company name to lightning volt limited the Brennus often undergo any changes but that really doesn't matter you can call your products whatever you want but it doesn't have to reflect the company name so hey doesn't matter too much it was also noted under Companies House website their story in his colleagues or interior area had sawed off this years and had resigned as directors leaving meth you kill at the helm so right now it seems a sanity had prevailed which is good because by stating that minority shareholders were being cozy with red born white bikes story was starting to bring in some serious Alec John such for a while nothing really happened until finally this happened past if one team enriched energy have a Mecca bleah agreed to ended partnership together in the FIA Formula One World Championship for the media defect while enjoying substantial brand recognition and significant exposure through its title partnership of past one with one team in 2019 a corporate restructuring process at rich energy will see the need for a revised global strategy subsequently has if one team enrich energy concluded a termination of the existing partnership was the best way forward for both parties house f1 would like to express his thanks and best wishes to the stakeholders of rich energy its wishes her there's basically a good way of saying yourselves let me know after taking a pasting for an entire year rich energy in house had finally parted ways with her secured the partnership as basically did her coding was the best thing for both parties well I mean I'm glad you've seen the light finally guys and so here we are a year out from when no one had fallen one knew who these guys were and now everybody knows who these guys are albeit for all the wrong reasons in the same way that everyone knows Andres City but for all the wrong reasons but what's the brand is rid of actual advertising rich energy for some reason still advertise the house f1 team on their Twitter account you know I seriously don't get this guy so there was the whole saga kind of condensed extensively because I really don't want to make a video that will go on for too long and honestly a whole movie could be made about this thing if they'd bought John Candy back from the dead to play story but anyway that's it from me I'll see you all later [Music]