He is now believed to have spoken with three teams on the issue, with tensions growing further after May's Brexit deal was rejected by MP's by 230 votes - the largest defeat suffered by a government in the House of Commons since the First World War.
There is also the issue of hiring staff from EU countries, particularly in manufacturing and shop-floor roles, as well as the cost of importing and exporting goods.
Richards spoke with three teams prior to the Commons vote last week, with all parties being in agreement that regardless of the Brexit outcome, a no-deal scenario must be avoided.
Speaking at last week's Autosport International Show , Richards highlighted how Britain is a Formula 1 stronghold, with seven of the ten teams calling it home.
Or can one of Kaizer Chiefs, Orlando Pirates, Wits, SuperSport United - or another team perhaps - snatch glory from the Brazilians?
- Brexit fears grow in Formula 1Planet F1
- F1 teams consider lobbying UK government as hard Brexit loomsF1i.com
- Formula 1 teams considering writing to prime minister over Brexit fearsYahoo Sport UK
- F1 teams to approach Theresa May about BrexitGPblog.com (blog)