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Mosley gives boost to Ecclestones bribery defence
For almost three years Pitpass has been saying that there is no substance behind the bribery charges against Bernie Ecclestone. It looks like we now have proof.Prosecutors in Germany claim that Ecclestone - seen here in the Singapore paddock - and his offshore Bambino family trust paid £27.5m ($44m) to German banker Gerhard Gribkowsky so that he would sell F1 in 2006 to current owner the investment firm CVC. Gribkowsky was in charge of the sale of a 47.2% stake in F1 owned by German bank BayernLB and prosecutors believe that CVC was Ecclestone's preferred buyer as it had agreed to retain him as chief executive of the sport.In July 2011 Ecclestone revealed to Pitpass' business editor...
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10y ago from Pitpass.com
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