Italian police have handed back Flavio Briatore’s luxury yacht.<\/p>\n
The former Renault boss’ 60-metre boat ‘Force Blue’ was seized a month ago on suspicion of tax fraud.<\/p>\n
But according to a report in the Spanish newspaper Diario Sport, Briatore has taken back possession with two conditions.<\/p>\n
The first is a deposit of 5 million euros, and the promise that the boat will not leave Mediterranean waters.<\/p>\n
The Sunday Times said in May that the evasion of millions in taxes could cost Briatore, expelled from F1 for the 2009 crashgate scandal, EUR 40 million in fines or a six-year prison sentence.<\/p>\n
The 60-year-old denies any wrongdoing.<\/p>\n
“It was a big television production by the police and completely unfair, so we are fighting them now,” he told the Telegraph.<\/p>\n
“That boat was a commercial boat with a 50 million euro turnover in the past four years, but the police seem to think that was all for me.”<\/p>\n
Briatore does not deny using the boat, and claims he is supported by seven Italian MPs who have written to the government “to find out what happened”.<\/p>\n
“Of course, I use the yacht, because if you are going to own a business, it may as well be one you can enjoy — otherwise, I would have bought a funeral home.”<\/p>\n
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