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Fittipaldi under massive debt burden in Brazil
Two-time F1 world champion Emerson Fittipaldi is in financial trouble, with multiple creditors chasing down the Brazilian who is being accused of hiding his assets in the US. According to a report from the Folha de Sao Paula newspaper, Fittipaldi's creditors have initiated 145 legal cases in a bid to recoup an aggregated amount of approximately 8.6 million in recievables. Furthermore, Safra Bank - Fittipaldi's largest creditor - is accusing the F1 legend and two-time Indy 500 winner of concealing his true assets and living a luxurious life in Florida, in the United States while fraudulently avoiding his financial obligations in his home country. Read also: Stroll - Some people will always...
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4y ago from F1i.com
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