Oliver Oakes resigned days after brother arrested with ‘large amount of cash’

https://www.telegraph.co.uk/formula-1/2025/05/08/oliver-oakes-alpine-resigned-days-police-raid-silverstone/

37 points · 8 comments · view on lemmy.world

8 Comments

frank@sopuli.xyz · 15 pts · 1y

Oakes, 37, formed a new company Hitech Global Holdings Ltd on March 11 2022 to take control of the shares, which came from Mazepin’s Cyprus-based investment company Bergton Management Ltd.

The new company was formed just three days after Mazepin and his son were sanctioned by both the UK government and the European Union, prompting questions in Parliament.

lazycouchpotato@lemmy.world · 12 pts · 1y

Didn't know about Hitech's past with the Mazepins.

smeg@feddit.uk · 10 pts · 1y (1 reply)

They wanted someone legitimate and above board with no dodgy past as a team principal

Localhorst86@feddit.org · 12 pts · 1y

They're still looking, btw.

jaark@infosec.pub · 7 pts · 1y

Not to spark rumours and suggest he's in on it all and on the run, but I am struggling to think of any other reason why he would suddenly quit and fly to Dubai. Quitting I could understand, so that he can concentrate on getting this emergency situation sorted out, but it's the choice of destination.

StarvingMartist@sh.itjust.works · 3 pts · 1y (2 replies)

Article wall

jaark@infosec.pub · 2 pts · 1y (1 reply)

Inexpertly done paywall - view the source in your browser, the full wording is there.

StarvingMartist@sh.itjust.works · 2 pts · 1y

Just not even worth it