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 »
12y 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...
12y ago from GrandPrix247.com
Ericsson losing half a second in weight
Marcus Ericsson has revealed he is losing half a second per lap to...
12y 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...
12y 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...
12y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez “stronger than expected” as he...
No description available...
2h ago from Motorsport.com
MotoGP Hungarian Grand Prix - Full starting grid
No description available...
1h ago from Motorsport.com
Aprilia explains why it has not been in victory fight...
No description available...
1h ago from Motorsport.com
Why MotoGP’s Hungarian GP sprint turned out to be a...
No description available...
2h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward tops first IndyCar practice at Gateway
The NTT IndyCar Series held its first practice session of the weekend on...
35m ago from MotorsportWeek.c...
Arrow McLaren appoints Ryan Hunter-Reay as new...
No description available...
2h ago from Motorsport.com
How to watch IndyCar 2026 at WWT Raceway: Weekend...
No description available...
1d ago from Motorsport.com
Romain Grosjean confirms surgery on right hand after...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
1d ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
3d ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Days after Champions League final, Arsenal make offer...
Arsenal have made an approach for Paris Saint-Germain (PSG) youngster...
2h ago from SportsKeeda.com
From France: Arsenal ready to poach defender from PSG...
Arsenal are reportedly eyeing up a potential transfer raid on their recent...
6h ago from CaughtOffside.com
'They might…' – Arsenal tipped to make...
Arsenal are being tipped to make two signings in attack this summer by...
8h ago from CaughtOffside.com
Crazy money: Liverpool & Arsenal should walk away...
Liverpool and Arsenal have been linked with Bradley Barcola in recent...
9h ago from CaughtOffside.com
Comments
Hottest News
Ferrari throw away Monaco Grand Prix win with botched...
If there is one team which knows how to nuke its... Read More »
45m ago from GPFans.com
Hamilton stripped of ‘confidence’ amid Monaco Ferrari...
Lewis Hamilton admitted that a sudden and... Read More »
55m ago from F1i.com
Max Verstappen casts key Ferrari F1 concern despite Monaco...
Max Verstappen is wary of the fast starting... Read More »
55m ago from MotorsportWeek.com
