News Details

Ecclestone steps down from Formula 1 board

– Bernie Ecclestone will step down as a director of Formula 1's management board with immediate effect, but the 83-year-old is to remain involved in the general running of the sport for the forseeable future. Earlier on Thursday, German prosecutors announced that Ecclestone will face a court hearing in April relating to allegations that he bribed banker Gerhard Gribkowsky during the sale of Formula 1 back in 2006. Although current Formula 1 owners CVC Capital Partners have permitted Ecclestone to continue in his day-to-day role, it has been decided that, for the duration of the trial, he will be absent from the board. A statement issued by Delta Topco Ltd read: "Mr Ecclestone...
Full Story »
2mo ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Bernie steps down from board

Bernie Ecclestone will step down from the board of of F1 but will continue...
2mo ago from SkySports.com

Ecclestone steps down from F1 board

Bernie Ecclestone has stepped down from the board of the company which...
2mo ago from BBC.co.uk

Ecclestone steps down as director ahead of bribery...

Bernie Ecclestone has stepped down from the board of directors which runs...
2mo ago from F1Zone.net

Bernie Ecclestone to run Formula One during bribery...

Berlin:  Bernie Ecclestone will keep running Formula One while on...
2mo ago from NDTVSports.com

Comments

comments powered by Disqus

Hottest News

Ferrari could soon turn full focus to 2015 season

Ferrari may already be looking to write off the... Read More »
39m ago from GrandPrix247.com

Vettel 'shocked' by Domenicali exit

World champion Sebastian Vettel says he was... Read More »
59m ago from F1Zone.net

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.