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F1 news: Nikita Mazepin has seized £88m worth of property


F1 news: Nikita Mazepin has seized £88m worth of property

Formula One brat Nikita Mazepin has had £88million of his property seized in Italy.

Authorities have seized properties owned by Russian former racer Mazepin and his oligarch father, according to Reuters. The operation, known as Rocky Ram, is part of a larger effort to penalize wealthy Russians with supposed ties to war aggressor Vladimir Putin.

Mazepin was sacked last month by the American-owned F1 team Haas and was even included in an EU sanctions list with his father. Italian authorities are carrying out tough measures on those on the EU sanction list that was imposed following Russia’s invasion of Ukraine on February 24.

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Following the news of his dismal, Mazepin posted a message to his 500k followers last month. He said: “Dear fans and followers, I am very disappointed to hear that my F1 contract has been terminated. While I understand the difficulties, the ruling from the FIA ​​plus my ongoing willingness to accept the conditions proposed in order to continue were completely ignored and no process was followed in this unilateral step.

“To those of you who have tried to understand, my enteral thanks. I have treasured my time in F1 and genuinely hope we can all be together again in better times. I will have more to say in the coming days.”

Do you think Mazepin will ever race Formula One again? Let us know your thoughts in the comments section below

Mazepin senior and junior are feeling the brunt of the sanctions

Mazepin finished 21st in his maiden season, having missed the finale due to a positive Covid test on race day.

Haas notified the public of their dismissal of the 23-year-old via a statement. It read: “Haas F1 Team has elected to terminate, with immediate effect, the title partnership of Uralkali, and the driver contract of Nikita Mazepin. As with the rest of the Formula One community, the team is shocked and saddened by the invasion of Ukraine and wishes for a swift and peaceful end to the conflict.”

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