News Details
Ecclestone troubles not good for F1
Bernie Ecclestone insists CVC, the owners of formula one's commercial rights, are "very happy" to keep him in charge of the sport.
That is despite the fact the 82-year-old has been formally charged with bribery by prosecutors in Germany, who allege he blackmailed the now-jailed banker Gerhard Gribkowsky to undersell the rights to CVC.
After news of Ecclestone's indictment broke, CVC issued a terse statement saying it will "monitor" the situation.
"An oath of loyalty sounds different," the major German newspaper Die Welt surmised.
Michael Schmidt, of Auto Motor und Sport, agreed: "It (CVC's statement) does not sound like unconditional support."...
Full Story »
Full Story »
11y ago from GrandPrix.com
0
You May Also Be Interested In...
Ecclestone troubles not good for F1 says Kaltenborn
Under fire Bernie Ecclestone insists CVC, the owners of Formula 1′s...
11y ago from GrandPrix247.com
F1 2013 – CVC respond to Ecclestone indictment
Formula 1 commercial rights owners CVC capital have released a statement...
11y ago from F1.co.uk
F1 owners monitoring Ecclestone situation
Formula One's major shareholder, CVC Capital Partners, says F1's board...
11y ago from espnF1.com
CVC to monitor Ecclestone bribery case
Formula 1 owners CVC Capital Partners will "continue to monitor...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin makes progress in track comeback while...
No description available...
6h ago from Motorsport.com
Francesco Bagnaia edges past Marc Marquez's pace in...
No description available...
6h ago from Motorsport.com
Franco Morbidelli fastest in timed Qatar MotoGP...
Franco Morbidelli continued his upturn in form by topping the timed...
10h ago from MotorsportWeek.c...
2026 Motorsports Hall of Fame class welcomes Dale...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Power speeds to top in IndyCar Long Beach practice
Following a couple week break, the NTT IndyCar Series returned to action...
4h ago from MotorsportWeek.c...
Iowa Speedway’s IndyCar weekend gains new sponsorship
Iowa Speedway has announced a new title partner for the 2025 IndyCar...
1d ago from MotorsportWeek.c...
Indy 500 veteran and NASCAR team owner Shigeaki...
Shigeaki Hattori, a two-time competitor in the Indianapolis 500 and...
4d ago from MotorsportWeek.c...
Long Beach weekend ‘crucial’ for Kyle Kirkwood’s...
Kyle Kirkwood is returning to the scene of his first IndyCar win this...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
3d ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
6d ago from TheGuardian.com
Popular On GunnersToday.com
Mikel Arteta hails Declan Rice for ignoring Arsenal...
t;li>Rice scored two free-kicks against Real MadridNicolas Jover had...
6h ago from TheGuardian.com
Arsenal set for huge defensive boost ahead of Bernabeu...
Arsenal’s commanding 3-0 lead over Real Madrid gives them a golden...
12h ago from FreshArsenal.com
'I’m not giving up on that tie' - Spain boss Luis De...
Spain manager Luis De La Fuente has thrown his weight behind Real Madrid...
7h ago from SportsKeeda.com
Premier League GW32 predictions: Liverpool to return...
Sports Mole takes on James Hallam - frontman of Sheffield indie-rock band...
10h ago from SportsMole.co.uk
Comments
Hottest News
F1 2025 Bahrain Grand Prix – FP2 Results
Oscar Piastri set the fastest lap time in the... Read More »
12h ago from MotorsportWeek.com
Hamilton issues verdict on major Ferrari F1 upgrade
Ferrari introduced a brand new floor in Bahrain... Read More »
9h ago from RacingNews365.com
F1 2025 Bahrain Grand Prix – FP1 Results
McLaren driver Lando Norris headed the... Read More »
15h ago from MotorsportWeek.com
