News Details
Prosecutors: Ecclestone was afraid of losing grip on F1
Munich prosecutors believe Formula One 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 eight-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...
Full Story »
Full Story »
11y ago from F1Pulse.com
0
You May Also Be Interested In...
'Bernie afraid of losing grip on F1'
Munich prosecutors believe F1 boss Bernie Ecclestone allegedly bribed a...
11y ago from PlanetF1.com
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
Prosecutors dismiss Ecclestone blackmail victim claim
Bernie Ecclestone with Gerhard Gribkowsky The pre-trial documents...
11y ago from GrandPrix247.com
Prosecutors dismiss Ecclestone blackmail
The pre-trial documents outlining the case against Bernie Ecclestone make...
11y ago from GrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Nicolo Bulega will replace Marc Marquez at Ducati for...
No description available...
19h ago from Motorsport.com
Malaysian GP targets new MotoGP deal by start of next...
No description available...
21h ago from Motorsport.com
Pedro Acosta interview: ‘Money is what matters to me...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta ‘would love to be back’ for another...
Colton Herta still has a desire to compete in next year’s Indianapolis...
15h ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
2d ago from Motorsport.com
Marco Andretti retires from IndyCar after 20 seasons
Marco Andretti announced his retirement from motor racing on Wednesday,...
2d ago from MotorsportWeek.c...
Mark Miles teases possible non-championship...
IndyCar is largely considered a North American championship, with races...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
3d ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal oppose Crystal Palace’s ‘unfair’ request...
t;li>Original 16 December date could change to 23 DecemberPalace set to...
9h ago from TheGuardian.com
Report: Arsenal and Liverpool join race for rising...
Arsenal and Liverpool are interested in signing the highly talented French...
10h ago from CaughtOffside.com
Ex-Arsenal star names the 3 sides that will challenge...
Former Gunner Nigel Winterburn has named three teams that will finish...
12h ago from SportsKeeda.com
Bryan Mbeumo rejected chance to join 4 different clubs...
Bryan Mbeumo reportedly rejected offers from four clubs to join Manchester...
14h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Lewis Hamilton Ferrari seat at risk as...
Lewis Hamilton could lose his Ferrari seat in the... Read More »
52m ago from GPFans.com
Red Bull declare defiant 'nothing more than a consequence'...
Red Bull boss Laurent Mekies maintains his team... Read More »
1h ago from RacingNews365.com
Lando Norris matches Michael Schumacher with remarkable F1...
Lando Norris won his 10th grand prix at the... Read More »
32m ago from RacingNews365.com
