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Ex-HRT F1 team boss in tax fraud probe

The former chief executive of a F1 team is accused of income tax fraud, according to reports in Spain. In 2011, the F1 team HRT or Hispania was sold to a Spanish firm called Thesan Capital, linked to the Japanese financial group Nomura. Marca, a Spanish sports daily, and El Confidencial say former HRT chief executive Saul Ruiz de Marcos is among those accused of defrauding EUR 3 million in income tax using a web of shell companies. Among the charges are corruption and money laundering, the reports added. Related News Lotus pay homage to El Greco with special Barcelona livery Ferrari boss blames old regime for SF15-T limitations Briatore has plastic surgery to improve face HRT roll out...
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