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 »
12y 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...
12y ago from PlanetF1.com
Ecclestone was afraid of losing grip as Formula 1 big...
Bernie Ecclestone with Gerhard Gribkowsky during the 2005 Italian GP...
12y ago from GrandPrix247.com
Prosecutors dismiss Ecclestone blackmail victim claim
Bernie Ecclestone with Gerhard Gribkowsky The pre-trial documents...
12y ago from GrandPrix247.com
Prosecutors dismiss Ecclestone blackmail
The pre-trial documents outlining the case against Bernie Ecclestone make...
12y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia explains why it hasn’t tested 850cc bike...
No description available...
7h ago from Motorsport.com
The dilemma Francesco Bagnaia's MotoGP race engineer...
No description available...
8h ago from Motorsport.com
Marc Marquez admits ‘touch of madness’ is key to...
Marc Marquez has provided fascinating insight into how he balances risk...
8h ago from MotorsportWeek.c...
Interview: Massimo Rivola on Aprilia's rise from last...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
1d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
1d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Rally Islas Canarias could crown another new WRC...
No description available...
9h ago from Motorsport.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
2d ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
5d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'Typical bottle merchants', 'Bottling officially...
Arsenal and Mikel Arteta are being mocked on social media after Manchester...
36m ago from SportsKeeda.com
Arsenal latest: Why Arsenal are now second in PL title...
No description available...
1h ago from SkySports.com
Arsenal and Man United scout 35m wide player with...
Arsenal and Manchester United are interested in signing the Club Brugge...
2h ago from CaughtOffside.com
Player ratings: Man City 2-1 Arsenal
Arsenal fell to defeat to their rivals for the Premier League title on...
2h ago from FreshArsenal.com
Comments
Hottest News
F1 icon refused to work with Michael Schumacher
Lewis Hamilton's former Mercedes performance... Read More »
3h ago from GPFans.com
Red Bull poach Ferrari star after GP exit
A former Red Bull F1 legend has revealed that the... Read More »
4h ago from GPFans.com
Red Bull F1 car speeds through a Tesco car park: 'Nearly...
Red Bull F1 team appear to have swapped the track... Read More »
2h ago from GPFans.com
