Has Flavior Briatore Invested Some of His Wealth in Bitcoin?

There have been rumors circulating online that Briatore has invested in Bitcoin. We decided to investigate whether these rumors

Flavior Briatore

Flavio Briatore is a popular and very controversial Italian businessman. He started his career as a restaurant manager and insurance salesman. He was later convicted in Italy on several charges of fraud, where he served two prison sentences. The convictions were later dispelled by an amnesty. Briatore remained successful regardless. He set up various Benetton franchises in the US and Virgin Islands. He did this while he was a fugitive. Then in 1990, he was promoted by Luciano Benetton to manage the Benetton Formula One team. This was short lived, since Briatore was involved in race fixing at the 2008 Singapore Grand Prix. Briatore was then banned from all events hosted by the FIA indefinitely.

Flavior Briatore Found the Talent That is Michael Shumacher

When Luciano Benetton fired the whole management, Briatore became the managing director. According to reports, it was under his management that the talented Michael Schumacher was discovered. At the time, Michael Schumacher was known for his F1 debut for Jordan. He then decided to transfer and consequently ended up in court. The case was later dismissed because Jordan and Michael Schumacher never signed a formal contract. It was under Briatore’s leadership that Michael Schumacher won his first title in 1994. Michael Schumacher then claimed his second title in 1995. Schumacher later joined his mechanics at Ferrari, leaving Briatore behind.

Fernando Alonso Worked Under Flavio Briatore too

Briatore returned to 2001 as the managing director. Only this time his former team had a new owner and name-Benetton Renault. In 2002, the team was renamed again as Renault F1, but later in 2003, Briatore decided to fire Jenson Button and hireed Fernando Alonso. Briatore and Alonso met in 1999, through the world of racing. In 2005 and 2006, Alonso claimed two F1 titles ending Michael Schumacher’s reign.

Did Flavio Briatore Invest in Bitcoin?

Flavior Briatore has an estimated net worth of $400 million. Most of his wealth is attributed to his management of two Formula One racing teams. Briatore was also part-owner and chairman of London’s Queens Park collection from 2007 to 2010. After he was sentenced for race fixing in 2008, he was forced to resign and consequently banned from all FIA events. There have been rumors circulating online that Briatore has invested in Bitcoin We decided to investigate whether these rumors are true and found no evidence to support these claims. As far as our research goes, we can conclude that the rumors are false. Flavio Briatore has not invested in Bitcoin.

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