Emerson Fittipaldi facing financial difficulties in Brazil

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SAO PAULO (AP) Two-time Indy 500 winner Emerson Fittipaldi is facing serious financial difficulties in Brazil, with authorities seizing trophies and racing cars from his personal museum.

Among the cars seized was the one he used to win the 1993 Indy 500, as well one driven by the Brazilian in Formula One.

Fittipaldi released a statement saying that the difficulties are “the result of an unstable financial and political scenario” endured by the entire country.

Tuesday’s statement sent to The Associated Press said that the two-time F1 champion “believes that he will solve this issue with more work.”

Fittipaldi’s struggles surfaced after a report aired by Brazil’s Record TV over the weekend.