Dmitry Mazepin and son eye new F1 team project

Who is Dmitry Mazepin?
Who is Dmitry Mazepin?

Yet another group is reportedly looking to enter a team into Formula 1 in the near future.

Andretti-Cadillac and Craig Pollock’s new ‘Formula Equal’ project have made headlines already, but now the names of ousted Haas financier Dmitry and his son Nikita Mazepin are connected with a potential entry.

At the outbreak of the Ukraine conflict, Dmitry Mazepin – with ties to Vladimir Putin – sold his shares in the F2 and F3 outfit Hitech.

Another company with shares in Hitech was Fungosa Management – reportedly linked with ownership of trademarks associated with Nikita Mazepin.

Now, the Russian news agency Ria Novosti reports that the Mazepins are considering launching a Formula 1 project.

“Yesterday I had an interesting conversation with an unnamed source close to Mazepin,” said Russian journalist Maria Melnikova.

“It was about the fact that Dmitry Mazepin has not given up the idea of starting his own team in Formula 1 and is ready to invest in a new project.”

There are rumours that, post Mazepin’s withdrawal of his association with Hitech, the Russian billionaire remains close to founder and boss Oliver Oakes.

Advertisement

Want to save this information for later?

More in News

2024 Bahrain Test, Day 2 Lewis Hamilton

Drive To Survive Reveals Beginnings Of Mercedes-Hamilton Split

Lewis Hamilton's decision to leave Mercedes might be traced back ...
Audi

Management Turmoil Destabilising Audi’s F1 Project

More talk of management turmoil at Audi has emerged, once ...
Rivals Back Fernando Alonso Over 'Ridiculous' F1 Test Rules

Rivals Back Fernando Alonso Over ‘Ridiculous’ F1 Test Rules

Two more Formula 1 drivers have backed Fernando Alonso's claim ...
Ferrari Fastest On Day 2 Of Pre-Season Testing

Ferrari Fastest On Day 2 Of Pre-Season Testing

The second day of Formula 1’s only pre-season test at ...
Could Adrian Newey Join Lewis Hamilton At Ferrari?

Could Adrian Newey Join Lewis Hamilton At Ferrari?

Ex-Ferrari racer Mika Salo feels there's more behind Lewis Hamilton's ...

Trending on F1 Chronicle