Oliver Oakes handed in his resignation as 🌞Alpine F𒅌ormula 1 team principal just days after his brother was arrested in the UK, it has been revealed.

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

Both Wil💛liam and Oliver 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 stopped in the Silverstone Park area in Northamptonshire on Thursday, May 1, 2025 in possession of aꦏ large amount of cash. He appeared before No🐻rthampton 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 Alp🌺ine post on Tuesday evening, leading to speculation ✃about the circumstances 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 💧original 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 O💟ak✱es’ arrest lends 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 is reported to have flown to Dubai following l🌠ast weekend’s Miami Grand Prix, his fiꦰnal race as Alpine’s team boss.