The well-known and long-time personal sponsor of world champion Max Verstappen was at the center of a major scandal in the Netherlands.

A well-known and long-standing personal sponsor of the world champion Max Verstappen is at the center of a major scandal in the Netherlands.

Last week, the house belonging to the CEO and owner of the Jumbo supermarket chain, Fritz van Erd, was raided by police amid what the Eindhoven News described as a “major money-laundering investigation”.

The report said that money was laundered through financial transactions, including participation in motor racing.

Raymond Vermeulenwho manages the current world championship leader’s career alongside Max’s father Joss, said Verstappen’s camp would not jump to conclusions.

“Caution is needed here,” he told the Algemeen Dagblad newspaper.

“We are waiting for the facts to come in. We have contacted Jumbo and management and marketing will continue as usual.”

At the same time, Vermeulen distanced Verstappen’s camp from van Erd himself.

“We have arrangements with Jumbo and the supermarket is not part of the investigation. It was clearly stated,” he said.

“Let’s be careful with all kinds of suggestive things and wait until the facts are known.”

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