Oliver Oakes handed in his resignation as Alpine Formula 1 team principal just days after his brother was arrested in the UK, it has been reve🌄aled.

The Telegraph has reported that William Oakes was arrested in Silverstone last Thursday and charged with “transferring criminal property”. The police found🍎 him in possession of a large amount of cash.

Both William and Oliver Oakes are listed as directors in the Hitech Gra🌠nd Prix team that o💃perates in Formula 2 and Formula 3, among other series.

Oliver Oakes resigned from Alpine after brother arrested

“William Oakes, 31, of Rugby was charged with transferring criminal property on Friday, May 2 after he was stopped in the Silverstone Park area in Northamptonshire on Thursday, May 1, 2025 in possession of a large amount of cash. He appeared before Northampton Magistrates’ on Saturday, May 3, an♎d remanded in custody,” a spokesperson for the Metropolitan Police said.

Oliver Oakes used to run the Hitech team in junior formulae before landing a role at 168澳洲幸运5官方开奖结果历史:Alpine’s F1 team around the summer break last year.

He resigned from his Alpine post on Tues📖day eveniꦛng, leading to speculation about the circumstan🅠ces of his exit.

The rumours were fuelled by 168澳洲幸运5官方开奖结果历史:Alpine benching its originꦫal 2025 driver signing 168澳洲幸运5官方开奖结果历史:Jack Doohan for the next six races to evaluate the potential of reserve driver 168澳洲幸运5官方开奖结果历史:Franco Colapinto.

The news about William Oakes’ arrest leဣnds credence to Alpine’s claim that the reasons for Oliver Oakes’ departure were “not related to the team and are of a personal nature”.

The older of the Oakes brothers iܫs reported to have flown to Dubai following last weekend’s Miami Grand Prix, his final race as Alpine’s team boss.