News Details

Bernie Ecclestone to step down from F1 board

Bernie Ecclestone is set to step down from the board of the company that runs Formula One in order to stand trial in Germany as he faces bribery charges linking to the sale of the sport to CVC back in 2006. The 83-year-old will however continue the day-to-day running of the sport, albeit subject to increased supervision and monitoring. A statement from F1′s parent company, Delta Topco, reads: 'After discussion with the board, Mr. Ecclestone has proposed and the board has agreed that until the case has been concluded, he will step down as a director with immediate effect, thereby relinquishing his board duties and responsibilities until the case has been resolved. '‘It is in the...
Full Story »
9mo ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Ecclestone steps down from F1 board

Bernie Ecclestone has stepped down from the board of the company which...
9mo ago from BBC.co.uk

Bernie Ecclestone faces bribery trial in Germany

Formula One boss Bernie Ecclestone will go on trial on bribery charges in...
9mo ago from F1Pulse.com

Ecclestone steps down as director ahead of bribery...

Bernie Ecclestone has stepped down from the board of directors which runs...
9mo ago from F1Zone.net

German court confirms Ecclestone to face bribery...

Bernie Ecclestone looks set to face another round of court dates after...
9mo ago from Crash.net

Comments

comments powered by Disqus

Hottest News

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.