News Details
Fittipaldi under massive debt burden in Brazil
Two-time F1 world champion Emerson Fittipaldi is in financial trouble, with multiple creditors chasing down the Brazilian who is being accused of hiding his assets in the US. According to a report from the Folha de Sao Paula newspaper, Fittipaldi's creditors have initiated 145 legal cases in a bid to recoup an aggregated amount of approximately 8.6 million in recievables. Furthermore, Safra Bank - Fittipaldi's largest creditor - is accusing the F1 legend and two-time Indy 500 winner of concealing his true assets and living a luxurious life in Florida, in the United States while fraudulently avoiding his financial obligations in his home country. Read also: Stroll - Some people will always...
Full Story »
Full Story »
You May Also Be Interested In...
Emerson Fittipaldi in huge debt: 145 lawsuits against...
The two-time world champion Emerson Fittipaldi is in serious debt,...
4y ago from GPBlog.com
McLaren: Financial challenges will run into 2021
McLaren believe the financial implications of the global health pandemic...
4y ago from PlanetF1.com
FIA still have trouble policing engine legality
FIA technical director, Nikolas Tombazis, has said the governing body...
4y ago from PlanetF1.com
Szafnauer: Vettel will raise the team to a different...
The signing of four-time Formula 1 driver's champion Sebastian Vettel for...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
3h ago from MotorsportWeek.c...
What we know about Ducati’s Balaton Park test ahead...
No description available...
4h ago from Motorsport.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
1d ago from Motorsport.com
Liberty Media can’t follow its F1 play to boost...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou claims FOX’s investment will be...
No description available...
19h ago from Motorsport.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
22h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
6d ago from Motorsport.com
Alex Palou will not play it safe in Portland to secure...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
2d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
2d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal expected to bid imminently for 60m...
Arsenal are reportedly expected to launch a transfer bid for Crystal...
1h ago from CaughtOffside.com
Villarreal fans decry Thomas Partey’s proposed...
t;li>Midfielder has denied rape and sexual assault chargesHundreds sign...
1h ago from TheGuardian.com
'A lot of frustration' at Arsenal following transfer...
Arsenal have reportedly been left frustrated by the transfer deal taking...
3h ago from CaughtOffside.com
Journalist confirms Spurs 'appreciate' 25-G/A star but...
Eberechi Eze has been linked with a move away from Crystal Palace for...
2h ago from CaughtOffside.com
Comments
Hottest News
Breaking: Alpine deliver Franco Colapinto medical update...
Franco Colapinto is driving today for Alpine in... Read More »
5h ago from RacingNews365.com
Cora Schumacher only keeping name ‘for money'
Aug.6 Cora Schumacher has admitted she's keeping... Read More »
7h ago from OneStopStrategy.com
Villeneuve slams Tsunoda as Verstappen’s ‘worst...
In the ever-turbulent world of Formula 1, few... Read More »
38m ago from F1i.com