News Details
Prosecutors: Ecclestone was afraid of losing grip on F1
Munich prosecutors believe Formula One boss Bernie Ecclestone allegedly bribed a German banker because he was afraid of losing his grip on the racing series. The charges released Monday allege Ecclestone paid banker Gerhard Gribkowsky about $44 million so the Formula One Group would be sold to a buyer acceptable to Ecclestone. Gribkowsky was in charge of selling BayernLB's 47 percent stake in F1 to CVC Capital Partners in 2005. He has already been found guilty of corruption, tax evasion and breach of trust and is serving an eight-year prison sentence. Ecclestone's trial is set to start April 24 in Munich. Ecclestone acknowledged during Gribkowsky's trial that he made the payment to avoid...
Full Story »
Full Story »
11y ago from F1Pulse.com
0
You May Also Be Interested In...
'Bernie afraid of losing grip on F1'
Munich prosecutors believe F1 boss Bernie Ecclestone allegedly bribed a...
11y ago from PlanetF1.com
Ecclestone was afraid of losing grip as Formula 1 big...
Bernie Ecclestone with Gerhard Gribkowsky during the 2005 Italian GP...
11y ago from GrandPrix247.com
Prosecutors dismiss Ecclestone blackmail victim claim
Bernie Ecclestone with Gerhard Gribkowsky The pre-trial documents...
11y ago from GrandPrix247.com
Prosecutors dismiss Ecclestone blackmail
The pre-trial documents outlining the case against Bernie Ecclestone make...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia admits it is impossible to think...
No description available...
12h ago from Motorsport.com
Marc Marquez and Francesco Bagnaia called to MotoGP...
No description available...
13h ago from Motorsport.com
Fabio Quartararo explains "a real disaster"...
No description available...
14h ago from Motorsport.com
Why late podium charge against Francesco Bagnaia gave...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Winners and Losers from IndyCar’s Road America...
No description available...
7h ago from Motorsport.com
Ferrucci survives early race ‘mayhem’ to earn...
Santino Ferrucci finished third in Sunday’s race from Road America,...
8h ago from MotorsportWeek.c...
Santino Ferrucci hangs on for Road America podium,...
No description available...
8h ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
8h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
4d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal receive boost in Rodrygo chase as sources...
Arsenal remain firmly interested in signing Real Madrid forward Rodrygo...
8h ago from FreshArsenal.com
Arsenal end talks to sign £70 million-rated star...
Arsenal have reportedly decided to end talks with Benjamin Sesko. The...
8h ago from SportsKeeda.com
Bayern Munich set sights on ‘incredible' Arsenal...
Bayern Munich have reportedly set their sights on Arsenal’s Gabriel...
12h ago from CaughtOffside.com
Surprise Premier League club eyeing up move for...
Brighton & Hove Albion have set their sights on Liverpool's Harvey Elliot...
13h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Lando Norris hits new low as Sonny Hayes...
Lando Norris has hit a new low after the Canadian... Read More »
37m ago from GPFans.com
McLaren want 'better judgement' in Norris vs Piastri after...
McLaren will continue to let Oscar Piastri and... Read More »
28m ago from SkySports.com
2025 F1 Austrian GP Schedule and Timetable
The European leg of the F1 season re-commences... Read More »
1h ago from RacingNews365.com
