News Details

Ecclestone to face bribery trial, steps down from F1 board

Bernie Ecclestone has been forced to step down from his role on the Formula 1 board following confirmation that he will stand trial on bribery charges in Germany. Munich prosecutors announced on Thursday that criminal proceedings against Ecclestone will be launched after he allegedly bribed German banker Gerhard Gribkowsky with £27 million ($44m) in 2005. He faces charges of bribery and incitement to breach of trust which would certainly result in a jail term if found guilty. Ecclestone will however remain in charge of the day-to-day management of the sport, despite CVC Capital Partner's decision to remove him from the board. His position will be "subject to increased...
Full Story »
2y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Ecclestone steps down as director ahead of bribery...

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

Bernie Ecclestone to step down from F1 board

Bernie Ecclestone is set to step down from the board of the company that...
2y ago from RichlandF1.com

Bernie Ecclestone faces bribery trial in Germany

Formula One boss Bernie Ecclestone will go on trial on bribery charges in...
2y ago from F1Pulse.com

Ecclestone leaves Board of Formula 1

Stepping down from the board of Delta Topco—the group that runs Formula...
2y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Stoner: Carbon frame Ducati best bike in 2009

"When we had the carbon frame in 2009, I believe we had the best bike...
2h ago from Crash.net

Marquez confirms merchandising split with VR46

Marc Marquez's management has confirmed that Valentino Rossi's VR46 Racing...
3h ago from Motorsport.com

Marquez brothers part ways with VR46 Racing Apparel

Marc and Alex Marquez’s management agency have this morning officially...

Rossi: ‘The bike is more beautiful without the...

Valentino Rossi has admitted that while he’s also not convinced about...

Popular On IndyCarToday.com

'Very possible' Robin Frijns will make Andretti...

Andretti Autosport team boss Michael Andretti has revealed that it is...

INDYCAR: Andretti - 'It's killing me not having a win'

The pressure of living up to his legendary last name has always dogged...
4d ago from Racer.com

LIGHTS: Davey Hamilton Jr joins field

Davey Hamilton Jr., son of veteran Indy car competitor Davey Hamilton,...
1d ago from Racer.com

McCormack Racing, Davey Hamilton Jr. Join Forces for...

INDIANAPOLIS, Ind. – 18-year-old King of the Wing Sprint Car Series...

Popular On TotalWRC.com

Østberg cleans up in Finnskog

M-Sport driver untouchable in home country warm-up
1h ago from WRC.com

Rally Sweden could be cancelled due to high...

The organisers of Rally Sweden have announced that the 2016 edition of the...
5h ago from Motorsport.com

Rally Sweden under threat due to warm temperatures

Rally Sweden has been plunged into doubt due to warmer conditions and rain...
3h ago from Crash.net

Rally Sweden cancels four stages due to warm weather

Rally Sweden organisers have been forced to cancel four stages on safety...
1h ago from Crash.net

Popular On GunnersToday.com

Premier League review: Hector Bellerin's brilliance is...

Why on earth did Chelsea sign Pato? Drinkwater deserves England...
2h ago from Telegraph.co.uk

Pundit blasts Arsenal ace Alex Oxlade-Chamberlain for...

No nonsense Sky pundit and former Liverpool legend Graeme Souness has...
1h ago from CaughtOffside.com

Arsecast Extra Episode 105 – 08.02.2016

Welcome to another Arsecast Extra with myself and James from @Gunnerblog....
3h ago from Arseblog.com

Arsenal start losing games they should be winning at...

Arsenal start losing games they should be winning at this time every...
1h ago from DailyMail.co.uk

Comments

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.