Last week Pitpass featured an article about an allegation in the High Court trial against Formula One boss Bernie Ecclestone which is currently going on in London. The allegation in question was that in 2001 a subsidiary of Ecclestone's Bambino family trust had given payments of £6.2m ($10m) to the owners of four teams in return for them committing to stay in F1 by signing the 1998 Concorde Agreement. In our article we urged for caution in describing the payments as bribes and we concluded that 'the upshot for writers and editors is that the devil (or perhaps an angry billionaire) is in the detail.'It seems our appeal for prudence fell on deaf ears as yesterday's round of media...
Full Story »