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Autosport

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Erwin Jaeggi

De Vries cleared of wrongdoing in dispute over €250K loan

De Vries Nyck de Vries AlphaTauri WhatsApp Williams Racing

The matter relates to a loan that the current AlphaTauri Formula 1 driver took in 2018 from Schothorst’s investment fund Investrand to help fund an F2 campaign with Prema Racing.

The Dutchman had needed to raise half a million Euros for that season and with help from sponsors like Jumbo, he managed to get half of that amount. For the other half, he borrowed from Investrand.

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