According to two police sources, Italy has confiscated property worth roughly 105 million euros belonging to Russian Formula 1 racer Nikita Dmitrievich Mazepin and his billionaire father.
The operation allegedly targeted the “Rocky Ram” mansion in northern Sardinia. It’s part of a larger push to punish rich Russians tied to Vladimir Putin following Moscow’s invasion of Ukraine on February 24.
According to Reuters, the driver’s publicist has yet to comment.
Mazepin, who was sacked by US-owned F1 team Haas in March, has been named on a list of EU sanctions with his father, Dmitry, who was characterized as a member of Putin’s inner circle by the official European Union magazine.
Italian police have recently confiscated houses and yachts worth over 900 million euros from affluent Russians who were placed on a European Union sanctions list during the Ukraine crisis.
Italy has seized properties worth about $114 m owned by Russian former Formula One driver Nikita Dmitrievich Mazepin and his oligarch father.
— Alex Raufoglu (@ralakbar) April 11, 2022
The most valuable object confiscated so far is a superyacht owned by billionaire Andrey Igorevich Melnichenko, which was seized in the northern port of Trieste and is valued at over 530 million euros.