Now the Piquets have been implicated in a tax scandal No sooner than being awarded a hefty slander compensation payment from Renault, Nelson Piquet and his son, Nelsinho, have managed to court controversy again, with accusations that the pair has dodged paying tax and engaged in money laundering to the tune of over €3 million.

When it rains, it pours, it would seem!

Reports from Brazil’s Veja news weekly claim triple World Champion Piquet, 58, and his son, 25, allegedly laundered income by directing it through the automobile federation of the Ceara Brazilian state.

It is also reported that the duo managed to dodge plenty of tax payments by filtering money over a period of five years through to Nesinho’s foreign bank accounts.

Both matters are being investigated by the Brazilian federal police.

Piquet Jr was the key figure in the ‘Crashgate’ scandal becoming public knowledge, spilling the beans that he had deliberately crashed his Renault at the 2008 Singapore Grand Prix after the team sacked him for poor form in mid-2009. Piquet Jr was incredibly granted immunity from prosecution in the exchange for his testimony that led to the Max Mosley-led FIA witch-hunt against Renault F1 boss Flavio Briatore and the team’s technical director, Pat Symonds, who were both issued lengthy bans (later reduced on appeal).

Finding his services unwanted up and down the pit lane, Piquet skulked off to NASCAR, where he remains to this day.

Let’s hope the IRS doesn’t investigate his actions…

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.