News Details

Ecclestone admits he could be forced to quit F1

Bernie Ecclestone admits he may be forced to leave his role as CEO of FOM/FOA should he face further action in the Gerhard Gribkowsky bribery trial. Whilst Ecclestone hasn't been charged over his involvement in the sale of Formula 1 to CVC - unlike former banker Gribkowsky who was jailed for eight and a half years - the investigation is ongoing and may still find the 82-year-old guilty of bribery. Ecclestone though is adamant the $60 million payment made to Gribkowsky wasn't a bribe. However he has admitted he would be forced to leave F1 should the German prosecutors think differently. "[CVC] will probably be forced to get rid of me if the Germans come after me. It's pretty obvious, if...
Full Story »
12y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Ecclestone: I could be forced out

Bernie Ecclestone has admitted that he would likely be removed from his...
12y ago from AutoSport.com

Ecclestone admits his time could be up

F1 supremo Bernie Ecclestone concedes that the bribery case surrounding...
12y ago from PlanetF1.com

'German Grand Prix remains at Nürburgring'

The 2013 German Grand Prix will remain at the Nürburgring. This is...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
11h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Premier League 2025-26 preview No 1: Arsenal

el Arteta enters a pivotal season after finally buying a centre-forward...
15m ago from TheGuardian.com

Saudi Arabia make decision regarding possible summer...

Saudi Arabia have pulled the plug on their pursuit of Real Madrid's...
7h ago from SportsKeeda.com

'He has champion mentality in bucket loads' -...

Former Arsenal academy coach Temisan Williams believes teenage star Max...
6h ago from SportsKeeda.com

'It's not a step up, it's not a step down' - Pundit...

Former Chelsea winger Pat Nevin believes Noni Madueke's transfer to...
8h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.