Italy Simply Seized An Unfathomable $115 Million Villa From A 23-Yr-Previous Russian Formulation 1 Driver

The previous few weeks haven’t been type to Formulation 1 driver Nikita Mazepin.

On March 5, the 23-year-old was fired from his Formulation 1 crew, Haas racing. He had been beneath contract with Haas for only one 12 months and it was his first probability in F1.

At present his house was seized by Italian monetary police.

Massive deal although, proper? What sort of house might a 23-year-old – whose profession earnings have not even cracked $1 million – probably personal?

In all probability only a modest condo in Rome or one thing, proper?

Truly, because it turned out, Nikita owned an unfathomably superb villa on the coast of the island of Sardinia. The villa’s estimated worth based on Italian monetary police?

$115 million

This is a photograph of the villa from a drone video (which I am going to embody later on this article):

Why are such unhealthy issues taking place to Nikita?

Sadly Nikita is the son of Dmitry Mazepin, a Russian billionaire oligarch.

In response to Russia’s abhorrent invasion of Ukraine, each Dmitry and Nikita had been sanctioned by the European Union. Which means all of their European property are targets for seizure. Therefore at this time’s villa seizure.

Within the EU’s sanctions pronouncement, Dmitry was described as “a member of the closest circle of Putin… [who] attended a gathering with the Russian President on February 24, the day Russia’s invasion started to debate the impression of the plan of action within the wake of Western sanctions.

Dmitry Mazepin earned his $1.8 billion fortune because the proprietor of Uralchem, a fertilizer conglomerate.

Nikita Mazepin started racing internationally in 2011 after successful the Russian Karting championship. He ultimately moved up from Karting to Formulation 2000, then Formulation 3, then Formulation 2 and at last he made it to F1 in 2021 when he was signed by Haas.


(Picture by Joe Portlock – Formulation 1/Formulation 1 through Getty Photos)

By whole coincidence at the very same time of his signing, a Russian fertilizer firm referred to as Uralkali signed a deal to be Haas’ title sponsor for all the crew’s drivers. Guess who owns a significant stake in Uralkali? Dmitry Mazepin.

Final June, F1 Champ Lewis Hamilton lamented the truth that the game is being overrun by the sons of billionaires, prime instance Nikita Mazepin.

The Villa

Beneath is a drone video that completely captures Nikita’s villa that was simply seized. Situated within the Portisco space of Olbia, you get a first-rate vantage of the villa between the 1:50 and a couple of:55 marks.

As you’ll be able to see, the 25-room villa is constructed into a stunning and sprawling peninsula with a number of acres of lush grass, a number of buildings and what is perhaps essentially the most unbelievable pool in human historical past:

In line with Italian monetary police investigators the villa was bought for an undisclosed quantity in 2012 from an unnamed Italian media mogul.

The customer was an organization primarily based in Cypress referred to as Ferimod Investments. In line with Italian monetary police investigators, Nikita and Dmitry are the last word beneficiaries of Ferimod Investments.

This villa is likely one of the most-valuable property seized by Italian authorities so far. Within the final month Italy has seized $1 billion value of property owned by sanctioned Russians. Essentially the most-valuable asset seized to date is a $538 million yacht that previously belonged to billionaire Andrey Melnichenko.

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