Oliver Oakes handed in his resignation as Alpine Formula 1 team principal jus𓄧t days after his brother was arrested in the UK, 𒊎it has been revealed.

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

Both William and O⛄liver Oakes are listed as directors ⛄in the Hitech Grand Prix team that operates 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 stoppꦇed 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, and 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5最新开奖结果:Alpine’s F1 team around the summer break last year.

He resigned from his Alpine post ꦉon Tuesday evening, leading to sp༒eculation about the circumstances of his exit.

The rumours were fuelled by 1🏅68澳洲5最新开奖结果:Alpine benching its original 2025 ♐driver signing 168澳洲5最新开奖结果:Jack Doohan for the next six races to evaluate the potential of reserve driver 168澳洲5最新开奖结果:Franco Colapinto.

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

The ol🥃der of the Oakes brothers is reported to have flown to Dubai following last weekend’s Miami Grand Prix, his final race a✱s Alpine’s team boss.