News Details
'Bernie afraid of losing grip on F1'
Munich prosecutors believe F1 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 8½-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 being...
Full Story »
Full Story »
11y ago from PlanetF1.com
0
You May Also Be Interested In...
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
Ericsson losing half a second in weight
Marcus Ericsson has revealed he is losing half a second per lap to...
11y ago from Crash.net
April starts with a bang for Formula One
Everybody expected April to be a crucial time for Formula One. It was the...
11y ago from F1Pulse.com
Bernie quietens talk of team buy-in
The F1 teams won't be getting their hands on the sport any time soon as...
11y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Are tracks designed for F1 more dangerous for MotoGP...
No description available...
1h ago from Motorsport.com
Fabio Quartararo surprised by Yamaha pace at Spanish GP
No description available...
2h ago from Motorsport.com
Alex Marquez leads the way in second Jerez MotoGP...
Alex Marquez completed Friday topping the charts in both MotoGP practice...
4h ago from MotorsportWeek.c...
Marc Marquez turned down the paycheck of a lifetime,...
No description available...
2h ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
19h ago from Motorsport.com
Scott McLaughlin fastest as speeds top 232mph in Day 2...
No description available...
20h ago from Motorsport.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
21h ago from MotorsportWeek.c...
Larson, Sato crash in high-boost Indy 500 test session
The second day of IndyCar’s Indy 500 open test opened with qualifying...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera found answers to unlock speed on new...
No description available...
4h ago from Motorsport.com
How Malcolm Wilson’s FIA calling and swearing...
No description available...
8h ago from Motorsport.com
FIA: No plan to change WRC Rally1 rules for 2026 amid...
No description available...
1d ago from Motorsport.com
Fourmaux reacts to support from WRC rivals amid FIA...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Barcelona Transfer News Roundup: Catalans set Raphinha...
Barcelona are preparing to face Real Madrid in the Copa del Rey final on...
1h ago from SportsKeeda.com
'He’ll be the one to push Arsenal through'- Aaron...
Former Arsenal goalkeeper Aaron Ramsdale believes Bukayo Saka will be key...
3h ago from SportsKeeda.com
Manchester United interested in signing 28-year-old...
Manchester United are planning to sign Preston North End goalkeeper...
5h ago from SportsKeeda.com
Arsenal working on move for former Liverpool transfer...
Arsenal are currently working on a move for former Liverpool transfer...
5h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton backed for shock early Ferrari exit' 'He's...
Lewis Hamilton is just four months into a... Read More »
2h ago from RacingNews365.com
Fernando Alonso sets timeline for F1 retirement
Fernando Alonso has set the record straight on a... Read More »
5h ago from RacingNews365.com
McLaren F1 boss fuels SILLY SEASON with driver transfer hint
McLaren Formula 1 boss Zak Brown has raised a few... Read More »
10h ago from GPFans.com
