Nico Rosberg's contract with Mercedes appears in Panama Papers!

As reported by ARD, the current Formula One Championship leader Nico Rosberg is one of the few F1 ‘heads’ that showed up in Panama Papers. ARD states that the contract between the 2014 and 2015 world Formula One vice-champion Nico Rosberg and Mercedes was drawn by ‘Ambitious Group Limited’, a company based in the British Virgin Islands that belongs to some other companies based in Jersey (the Channel Islands) and is conducted by the law firm Mossack Fonseca.

Mossack Fonseca, Panama law firm, continues to disrupt the world by revealing data about the wealthy politicians, celebrities, and sports stars, that have used their lawyers to install offshore companies.

Panama Papers is the biggest leak of data in the history, numbering over 11 million files, and it’s understandable that Formula One is also involved. Apart from Rosberg, Jarno Trulli, Rubens Barrichello and Felipe Massa have also shown up in Panama Papers.

Let’s wait and see how the story unfolds.

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