Formula 1: Villa confiscated – investigators give Mazepin a hard blow

Sport formula 1

Villa confiscated – Italian investigators deal Mazepin next blow

Nikita Mazepin is the son of Dmitry Mazepin, who is the owner of the mineral fertilizer company Uralchem ​​and a co-owner of the mining company Uralkali

Nikita Mazepin is the son of Dmitry Mazepin, who is the owner of the mineral fertilizer company Uralchem ​​and a co-owner of the mining company Uralkali

What: REUTERS

After being forced out of Formula 1, Nikita Mazepin is now also losing his summer residence. The Italian “Guardia di Finanza” confiscated the property, which cost around 100 million euros. A foreign shell company was apparently supposed to cover up the ownership structure.

AGoogle aerial photos show an imposing pool, partly carved into the rock. It is part of a magnificent estate on Italy’s Costa Smeralda. Nikita Mazepin can probably never dive into it again. The Italian financial police confiscated one of the villas of the 23-year-old ex-teammate of Mick Schumacher as part of the sanctions against Russian oligarchs.

The more than 100 million euro retreat in Sardinia is said to belong to both the former Formula 1 driver and his father Dmitri, the head of a fertilizer company and co-owner of a mining company. The main building will have 19 rooms spread over 400 square meters, will have a private cinema and will be called “Rocky Ram”.

A photo taken shortly before the start of the war shows how close Mazepin senior is to Russian President Vladimir Putin. To see: the Russian President and the oligarch in a confidential conversation. Father and son Mazepin got on the EU sanctions list because of the Ukraine war.

Putin (left) and Dmitri Mazepin at a meeting in the Kremlin in mid-January this year

Putin (left) and Dmitri Mazepin at a meeting in the Kremlin in mid-January this year

Source: pa/dpa/POOL/Mikhail Metzel

The assumption of the Italian authority “Guardia di Finanza”: The villa and the property, including a pool embedded in the rocks of the bay on the Costa Smeralda, are owned by a foreign shell company, which in turn is said to belong to the Mazepins.

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The official owner of the villa is said to be a Cyprus based company established in 2009. According to reports, the Italian tax authorities were able to prove after thorough investigations that Nikita and father Dmitry Mazepin are the actual owners.

First the cockpit in Formula 1 gone, now the villa too

In any case, the dubious entanglements did not save the property of the oligarch family. According to the Italian newspaper “Corriere della Sera”, the villa is said to be a property on the Capo Cappacio steep slope.

The Italians have been cracking down on homes and luxury yachts owned by Russian oligarchs since the outbreak of war and the imposition of sanctions. And thus also against the ex-racing driver.

Screenshot 2022-04-12 at 13.40.12

Source: Google

Mazepin junior was in Formula 1 until the beginning of March. The Russian drove for the Haas racing team. It was less because of his talent and more because of his father’s money. According to information from BILD, Mazepin senior invests around 25 million euros in the racing team every year. His company “Uralkali” was the title sponsor at Haas.

Shortly before the start of the season, the team parted ways with the Russian and the sponsor as a result of the outbreak of war.

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