Italy Seizes a $114 Million Compound Belonging to Ousted F1 Driver Nikita Mazepin’s Family

In March, with the start of the Formula One season approaching and the Russian invasion of Ukraine just beginning, the U.S.-owned team Haas had a decision to make about one of its two drivers. Nikita Mazepin is the son of the Russian oligarch Dmitry Mazepin, who was effectively bankrolling the team through his fertilizer company Uralkali. The elder Mazepin has been described by the European Union, in its announcement of sanctions against him, as “a member of the closest circle of Vladimir Putin.” Formula One ultimately canceled its scheduled Grand Prix in Russia, and Haas ended its relationship with both… Read Full Article