How Much Did Emerson Fittipaldi Bungle His Post-racing Businesses?


Former Formula One and IndyCar winner Emerson Fittipaldi was thought to be one of the more successful post-racing business entrepreneurs, but alas, it turns out he was not as the Brazilian government have seized Fittipaldi’s classic car collection – including the 1989 Indianapolis 500-winning car Fittipaldi is seen straddling along with just over a million American dollars in the above photo – as a form of payment for the reported $27 million he owes for his various failed businesses.

Fittipaldi won the Formula One world championship in 1972 [for Lotus] and 1974 [for McLaren] as well as the Indianapolis 500 in 1989 and 1993 [when he infamously took a swig of orange juice instead of milk in recognition of his ownership of orange groves in Brazil – which, ironically, turned out to be one of his failed businesses].

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