💨 Abstract

Oliver Oakes abruptly resigned as team principal of the Formula 1 team Alpine, following UK police's charging of his brother, William Oakes, for transferring criminal property. William was caught with a large sum of cash and remanded in custody. Oliver, who joined Alpine from Hitech Grand Prix (where William was also a director), is not accused of wrongdoing. Alpine subsequently announced a driver lineup change, promoting Franco Colapinto.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖