Haas has ended its Formula 1 t꧅itle partnership with Rich E🤪nergy with immediate effect following the Italian Grand Prix. 

British energy drinks brand Rich Energy signed a deal to become Haas' first-ever title sponsor ahead of the 2019 season, though the collaborat🐟ion has lasted less than a year. 

The news followed directly after last weekend's 13th round of the season at Monza and came amid an uncertain future between the two parties 🐷after Rich Energy became embroiled in a legal dispute over its logo with British bike company Whyte Bikes.

Ahead of July's British Grand Prix, the situation esওcalated when a social media post from Rich Energy's official Twitter acco💫unt claimed it had terminated its deal with Haas, citing "poor performance" following a difficult start to the campaign for the American squad. 

A team statement posted on social media on Monday read: "Haas F1 Team and Rich Energy ꦐhave amicably agreed to end thier partnership together in the FIA Formula 1 World Championship with immediate effect.

"While enjoying substantial brand recognition and significant exposure through its title partnership of Haas F1 Team in 2019, a corporate restructuring proc🀅cess aꦐt Rich Energy will see the need for a revised global strategy.

"Subsequently, Haas 🍷F1 Team and Rich Energy concluded a termination of the existing partnershi✨p was the best way forward for both parties. 

"Haas F1 Team would like to express its thanks and best wishes to𝄹 the stakeholders at Rich🥃 Energy."

No further information was provided by Haas and it remains to be seen what eꦰffect the deal breakdown will have on Haas' car livery for the remainder of the season.