Source link : https://motorsports-news.org/2025/05/08/motorsports-news/oliver-oakes-resigned-as-alpine-f1-boss-days-after-brother-was-arrested-for-transferring-legal-property/

Oliver Oakes resigned as staff principal on Tuesday night time simply days after his brother was arrested, it has been revealed.

William Oakes, a fellow director at junior staff Hitech Grand Prix, was arrested in Silverstone Park final Thursday and charged with “transferring legal property” a day later. Police state the 31-year-old was in “possession of a considerable amount of money.”

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The police assertion provides that he has been remanded in custody, having appeared earlier than Northampton Magistrates Courtroom on Saturday.

Oliver Oakes, who is just not accused of any wrongdoing or hyperlinks to the arrest of William Oakes, joined Alpine from Hitech final summer time. He – in the future earlier than the staff , with dropped for .

The report in particulars that ex-Alpine boss Oakes flew to Dubai from the Miami Grand Prix final weekend, however his present whereabouts are unknown.

A press release from the Metropolitan Police learn: “William Oakes, 31, of Rugby was charged with transferring legal property on Friday, Might 2 after he was stopped within the Silverstone Park space in Northamptonshire on Thursday, Might 1, 2025 in possession of a considerable amount of money.

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“He appeared earlier than Northampton Magistrates’ Courtroom on Saturday, Might 3, and remanded in custody.”

The Impartial has approached Hitech Grand Prix for additional remark.

In 2022, Hitech Grand Prix was 75 per cent owned by Russian oligarch Dmitry…

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Author : Motorsports

Publish date : 2025-05-08 17:11:00

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