Viewing 40 posts - 561 through 600 (of 647 total)
  • Bizarre logo coincidence? Rich Energy and Whyte Bikes
  • boblo
    Free Member

    C’mere there’s more. I for one, am shocked and stunned:

    Twittery stuff…

    ogden
    Free Member

    Fake Twitter account.

    boblo
    Free Member

    Ah well, we can only hope. As you were… 🙃

    sowler
    Free Member
    markgraylish
    Free Member

    He’s back…in the news anyway.

    https://www.mirror.co.uk/sport/formula-1/f1-max-verstappen-michael-masi-26222779

    I feel dirty for clicking that link.😠

    mboy
    Free Member

    Just when you thought it was safe…

    He really is the gift that keeps on giving! 😂

    dirkpitt74
    Full Member

    So who’s going to be adorned in the cool colours and logo……

    martymac
    Full Member

    ‘Claimed’ to have a meeting with f1 engineers
    He’s made a lot of claims though, most of which are unproven.

    Dickyboy
    Full Member

    I feel dirty for clicking that link.😠

    Doubly so given the amount of clicks to escape from their clutches 😡

    thepurist
    Full Member

    So who’s going to be adorned in the cool colours and logo……

    I posted in the F1 thread that Williams may well be revealing a black and gold livery tomorrow…

    … they’ve signed Duracell as a sponsor.

    Jamze
    Full Member

    … they’ve signed Duracell as a sponsor.

    A few teasers on Twitter show some black/gold + blue. Top marks for them bringing black/gold back instead of RE. Wasn’t it Storey who failed to show up at a meeting with Claire Harris and her mgt team?

    Weirdly, RE is claiming to be sponsoring the Jamaican bobsleigh team at the Olympics…where branding isn’t allowed AFAIK.

    thols2
    Full Member

    I feel dirty for clicking that link.

    Yep

    paton
    Free Member

    Bizarre logo coincidence?
    High Peak Autos
    https://www.youtube.com/c/HighPeakAutos
    Rocky Mountain Bikes

    v7fmp
    Full Member

    i see Rich are now sponsoring a BTCC team…

    Rich Energy BTC Racing

    core
    Full Member

    I saw this the other week and couldn’t find the thread to post! The saga continues… Anyone ever got hold of a can yet?

    core
    Full Member

    They’re sponsoring a BSB team too:

    BSB Team

    thepodge
    Free Member

    I’ve still not seen a can of this yet but I did see a truck on the M1 with the back doors painted up as a Rich energy advert, the curtain sides were for a totally different company.

    Jamze
    Full Member

    Remember this guy? It looks like he’s repeated his scam with the OMG BSB team – even though they are 1st and 5th in the standings at the mo, not even halfway through the season.

    v7fmp
    Full Member

    Rich energy is now available….. unless you go to the website, which is under construction.

    Incredible how some ‘businesses’ keep on trucking.

    the-muffin-man
    Full Member

    Rich energy is now available….. unless you go to the website, which is under construction.

    Can you imagine Red Bull having anything under construction! The finest detail will have been thought about, focus grouped and perfected before launch.

    He really is a shyster of the highest order. But there must be some really gullible people funding him.

    Jamze
    Full Member

    His business model reminds me of ‘The Producers’. Not actually about the white-label product, all about investors.

    MSP
    Full Member

    But there must be some really gullible people funding him.

    I thought the rumour was that it is a money laundering operation.

    joefm
    Full Member

    have to wonder how many teams actually get sponsorship funds from Rich Energy. I’d certainly be wary of working with them with their history

    sharkattack
    Full Member

    Whatever he’s up to I can’t believe that he’s not under very close scrutiny by people who know about these things. I can’t wait until the truth comes out.

    In the meantime, I can’t believe anyone in motorsport, at any level, would believe a word he says, take his dodgy money or cover themselves in his stolen logo.

    Jamze
    Full Member

    I’m guessing the sponsorship of BTC Racing will ‘end’ before the season is finished too. Let’s see.

    kilo
    Full Member

    I can’t believe anyone in motorsport, at any level, would believe a word he says once they see him in the flesh. He looks like a vagrant who has been living in a ditch and not in an ironic hipster way buts a probably lice ridden and drinks meths manner.

    scuttler
    Full Member

    Textbook example of resilience (or more likely narcissism). How this guy and this thread keep getting resurrected is utterly beyond me (although I have indirectly contributed by contributing here).

    Begrudging respect…

    intheborders
    Free Member

    Ooft, I wonder how much the team is down on cash ‘promised’…

    https://www.bikesportnews.com/news/news-detail/rich-energy-announce-withdrawal-from-british-superbikes

    thols2
    Full Member

    From that link above:

    Storey has been circling around the sponsorshiop/purchase of Sunderland FC in recent months, so be may be freeing up cash for that. Or it might be a load of old cock.

    funkrodent
    Full Member

    Storey has been circling around the sponsorshiop/purchase of Sunderland FC in recent months, so be may be freeing up cash for that. Or it might be a load of old cock.

    From that bikesport article. Methinks they might be onto him! He’s a piece of work though eh?

    Money laundering has been mentioned, but I don’t see how that would work. You can’t not put money into sponsorship and then get it back and declare it clean..

    Certainly very, very odd. Still trying to buy a can of the black stuff..

    Jamze
    Full Member

    Yes, can’t see how you can launder money if you don’t convert it to something.

    Is it as simple as just supporting a ‘playboy’ lifestyle? Launch events. trips abroad, hanging out at motorsport events then bail/liquidate, ignore your debts + creditors and then repeat?

    Will catch up with him eventually.

    shermer75
    Free Member

    Money laundering relies on cash transactions to make it work. Once the money is in the system it is effectively laundered already

    scuttler
    Full Member

    If he was offering me a sponsorship deal I’d be asking for cash up front.

    thisisnotaspoon
    Free Member

    Money laundering relies on cash transactions to make it work. Once the money is in the system it is effectively laundered already

    Depends who’s laundering it?

    But I can’t imagine Gunther was really Heisenberg and using RE to channel the funds into the HAAS team.

    cookeaa
    Full Member

    Money laundering has been mentioned, but I don’t see how that would work. You can’t not put money into sponsorship and then get it back and declare it clean..

    Is it not also wise to use a business with less visibility? Ideally in the service sector? Not that I’m a money laundering expert (that would make a great website).

    Using a company with a “product” means you should have manufacturing and distribution costs and , unless of course you’re not really making the product (ahem). Sponsorship is a similarly odd choice, the fraud office are going to notice if he keeps signing deals where he has none of the capital.

    I suppose it could be a Debt laundering scam, he takes out loans as RE, uses that to pay Teams (for a bit) and on the other side of things bills them for some sort of non-existent service or cans of unicorn piss… Of course RE should eventually declare bankruptcy right?, But they just keeps turning back up…

    It is sort of fascinating, it’s only my own moral compass and a desire not to risk jail that keeps me from wanting to do the same thing defraud a banks and some sporting teams and make myself a million quid from nothing.

    sharkattack
    Full Member

    Is it as simple as just supporting a ‘playboy’ lifestyle? Launch events. trips abroad, hanging out at motorsport events then bail/liquidate, ignore your debts + creditors and then repeat?

    It might be this simple. Just a massive ego trip.

    it’s only my own moral compass and a desire not to risk jail that keeps me from wanting to do the same thing defraud a banks and some sporting teams and make myself a million quid from nothing.

    Do you need a business partner?

    intheborders
    Free Member

    Is it not also wise to use a business with less visibility? Ideally in the service sector? Not that I’m a money laundering expert (that would make a great website).

    Visible?

    https://www.dailymail.co.uk/news/article-10853107/Huge-tax-probe-launched-American-candy-stores-Londons-Oxford-Street.html

    Jamze
    Full Member

    Of course RE should eventually declare bankruptcy right?, But they just keeps turning back up…

    I think they did, still being liquidated at the moment. If I’m reading it right they owe £6M + £54M to creditors?

    But then OMG seemed to morph into RE OMG and did the drinks stuff too, until yesterday. Which I thought you couldn’t do, you can’t just move your stock and IP to another firm and carry on?

    DougD
    Full Member

    He also seems to have this Wolf Jerky business on the go, though as with Rich Energy good luck getting hold of the stuff: Wolf Jerky

    Jamze
    Full Member

    I think the company that did the white-label production for that Wolf Jerky stuff posted on Twitter at some point saying it was a v. small production run. So you make a few thousand of a product, make it hard to get hold of, but try and promote it as if it was a big deal and get backers?

    He also has a Xerox print shop and an IT services firm.

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