F1
Oliver Oakes resigned as Alpine team principal days after brother was arrested
Oliver Oakes’ resignation as Alpine Formula One team principal came just days after his brother was arrested. William Oakes, who is registered alongside his brother as a director at Hitech Grand Prix on Companies House, was charged with transferring criminal property last week.
William Oakes was stopped in the Silverstone Park area on Thursday, 1 May, in possession of a large amount of cash, according to the Metropolitan Police. The following day, he was charged by the force. He has since been remanded in custody.
