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 »
7y 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...
7y ago from OneStopStrategy.com

Valtteri Bottas collects Bandini Trophy in Italy

Valtteri Bottas has collected the Bandini Trophy in Italy, which included...
7y ago from MotorsportWeek.com

Alonso: McLaren must hope F1 rivals don't improve

Fernando Alonso remains unconvinced that McLaren's planned upgrades for...
7y 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...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Red Bull eyeing F1 drive for IndyCar champion Alex...

Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
10h ago from MotorsportWeek.c...

Honda awarded IndyCar manufacturers’ championship

Even though the 2025 IndyCar season is not yet complete, Honda has been...

Popular On TotalWRC.com

Popular On GunnersToday.com

Premier League: 10 talking points from the weekend’s...

harlison and Martín Zubimendi are changing things up at Spurs and...
4h ago from TheGuardian.com

Saka set to miss Liverpool clash and England qualifiers

Bukayo Saka is set to miss Arsenal's Premier League clash with Liverpool...
8h ago from SkySports.com

“Top-quality” star edging closer to Arsenal exit...

Arsenal defender Jakub Kiwior could be on his way out of North London this...
9h ago from CaughtOffside.com

Arsecast Extra Episode 655 – 25.08.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
11h ago from Arseblog.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.