News Details
CVC votes to keep Ecclestone at the F1 helm despite charges
20 May, 2013 Bernie Ecclestone
Formula 1′s owners CVC have voted to keep Bernie Ecclestone at the helm of the sport, despite reports that German prosecutors have decided to charge him with bribery.
The bribery case surrounds a payment of $44 million to now-jailed German banker Gerhard Gribkowsky some years ago, and suspicions the 82-year-old Briton wanted CVC to buy the sport's commercial rights because he would be retained as chief executive.
Ecclestone, however, argues that Gribkowsky simply blackmailed him, threatening to reveal potentially costly secrets about his tax affairs.
And he told the Sunday Times newspaper that, at the end of last week in Geneva, CVC chiefs met to...
Full Story »
Full Story »
12y ago from YallaF1.com
0
You May Also Be Interested In...
News on Ecclestone charges on hold until June
17 May, 2013 It will be at least June before anything more is known...
12y ago from YallaF1.com
Ecclestone unconcerned by impending legal fight
The face of Formula One might be about to change after German authorities...
12y ago from TheF1Times.com
German prosecutors may charge Ecclestone for bribery
13 May, 2013 Bernie Ecclestone with Gerhard Gribkowsky
Munich...
12y ago from YallaF1.com
Elsewhere On The Network
Popular On MGPToday.com
Manu González to make MotoGP debut with Aprilia...
No description available...
9h ago from Motorsport.com
Marc Marquez explains how he stopped taking “too...
No description available...
10h ago from Motorsport.com
MotoGP Aragon GP: Marc Marquez fights back for sprint...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
5d ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
5d ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ogier in charge on WRC Italia Sardegna
Sébastien Ogier stretched his Rally Italia Sardegna lead on Saturday...
6h ago from MotorsportWeek.c...
Amid losing streak, Hyundai accepts “consequences”...
No description available...
6h ago from Motorsport.com
Sebastien Ogier survives brutal Sardinia Saturday with...
No description available...
10h ago from Motorsport.com
Sebastien Ogier leads Rally Sardinia as Adrien...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Chelsea's 65 million target open to joining Arsenal -...
Spain forward Nico Williams is reportedly open to a move to Arsenal this...
8h ago from SportsKeeda.com
Deal in process: Ornstein confirms player has agreed...
Chelsea goalkeeper Kepa Arrizabalaga is now closing in on a move to...
11h ago from CaughtOffside.com
Arsenal approach RB Leipzig over Sesko signing
Sky Germany are reporting Arsenal have formally approached RB Leipzig over...
10h ago from SkySports.com
Arsenal progressing on a £5m deal to sign Kepa - why...
Arsenal are progressing with a deal to sign Chelsea goalkeeper Kepa...
10h ago from SkySports.com
Comments
Hottest News
F1 film given honest reaction as critics pile in on Brad...
Early reactions to Brad Pitt and Damson Idris'... Read More »
10h ago from GPFans.com
Formula One confirms PepsiCo as its new official partner
Formula 1 and PepsiCo have announced a multi-year... Read More »
3h ago from F1Technical.net
Max Verstappen's baby daughter Lily gets her first car with...
Max Verstappen and Kelly Piquet’s daughter Lily... Read More »
6h ago from GPFans.com
