Italy has seized properties price some €105 million ($114.45 million) owned by Russian former Components One driver Nikita Mazepin and his oligarch father.
The operation focused a villa — generally known as Rocky Ram — situated within the north of the island of Sardinia. It’s a part of broader efforts aimed toward penalising rich Russians linked to President Vladimir Putin after the Feb. 24 invasion of Ukraine by Moscow.
Mazepin — who was fired in March by U.S.-owned F1 workforce Haas — has been included in an EU sanctions checklist alongside along with his father, Dmitry, who the European Union’s official journal described as a member of president Vladimir Putin’s closest circle.
Over the past weeks, Italian police have sequestered villas and yachts price over €900 million from rich Russians who had been positioned on a European Union sanctions lists following the Ukraine battle.
Essentially the most worthwhile asset seized up to now is a superyacht owned by billionaire Andrey Igorevich Melnichenko, price round 530 million euros, which was impounded within the northern port of Trieste.
Mazepin’s PR supervisor has been approached for remark by Reuters.