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
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
6h ago from Motorsport.com
Fermin Aldeguer to attempt MotoGP comeback in Brazil...
No description available...
7h ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
1d ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Andretti boss: “I don’t think anything’s a...
No description available...
1h ago from Motorsport.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
2d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
1d ago from MotorsportWeek.c...
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
3h ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
2d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Odegaard injury 'not serious', says...
No description available...
1h ago from SkySports.com
Price set: Liverpool rival Arsenal & Man United...
Liverpool are reportedly keen on a potential transfer move for Eintracht...
5h ago from CaughtOffside.com
Siege Mentality
‘Mik Arteta’s red army!’ Mik Arteta’s red army!’ A chant that...
5h ago from Arseblog.com
Episode 866: Moaners 0-1 'Time-Wasters'
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
6h ago from Arseblog.com
Comments
Hottest News
Watch: F1 releases new opening titles for 2026
F1 has released its brand-new pre-Grand Prix... Read More »
1h ago from MotorsportWeek.com
A shy Welshman, but a fast and furious racer
Welshman Tom Pryce was tragically killed on this... Read More »
43m ago from F1i.com
F1: Hamilton gets political
Lewis Hamilton calls on French, Spanish,... Read More »
2h ago from Pitpass.com
