News Details

Italian GP hit with money laundering probe

A storm may be brewing for Formula 1 and the Italian Grand Prix following reports out of Italy alleging that prosecutors have uncovered a sophisticated money laundering scheme linked to the sport. According to La Repubblica, an investigation initiated by authorities back in 2012 has concluded that tax evasion and a system of false invoices evolving around driver sponsorship contracts was set up by a network of Italian GP insiders. Hamilton brushes off Ecclestone 'not the racer he was' dig The report added that 82 people are currently under investigation and could be indicted . La Republicca also reported that former F1 supremo Bernie Ecclestone has been questioned over the matter, as was...
Full Story »
8y ago from F1i.com 0
Share

You May Also Be Interested In...

Italy GP money laundering probed - report

May 8 Italian prosecutors are reportedly investigating suspected fraud...
8y ago from OneStopStrategy.com

Valtteri Bottas collects Bandini Trophy in Italy

Valtteri Bottas has collected the Bandini Trophy in Italy, which included...
8y ago from MotorsportWeek.com

Alonso: McLaren must hope F1 rivals don't improve

Fernando Alonso remains unconvinced that McLaren's planned upgrades for...
8y ago from GPFans.com

Carey: Asia and US F1 expansion not at expense of...

Amid reports of an extra grand prix in China as well as street races in...
8y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

Popular On IndyCarToday.com

Longtime IndyCar team owner Dennis Reinbold passes...

Dreyer and Reinbold Racing announced Sunday that the team’s owner and...

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Journo confirms Man United and Arsenal midfield target...

Tottenham have reportedly entered the race for Newcastle United midfielder...
1h ago from CaughtOffside.com

Insider confirms £280k per week Arsenal star is being...

Kai Havertz has reportedly emerged as a name on Bayer Leverkusen’s...
3h ago from CaughtOffside.com

From Crumlin to Cabo Verde via LinkedIn

Morning all. Let's start with Cabo Verde and their incredible 0-0 draw...
4h ago from Arseblog.com

Man United gain transfer edge on midfielder as Arsenal...

Manchester United appear to have gained a major advantage in the race for...
5h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.