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

Analysis: How Mugello proved to Vinales Yamaha was the...

Yamaha-bound rider Maverick Vinales is certain he's made the right choice...
2d ago from Motorsport.com

Mugello Expert Opinion: Casey Stoner

Without doubt Andrea Iannone and the Desmosedici GP had the pace to run...

Analysis: Why struggling Honda had to redesign its...

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
4d ago from Motorsport.com

Yamaha suspects overrevving to blame for engine...

Yamaha overrevved its engines at Mugello, or at least that's the theory...
5d ago from Motorsport.com

Popular On IndyCarToday.com

Follow the Indianapolis 500 live!

No description available...
56m ago from GPUpdate.net

INDY 500: Race Day Live Report

Welcome to RACER.com's Live Report from the 100th Running of the...
56m ago from Racer.com

INDY DIARIES: 'We didn't have 15 engines sitting in...

Over 99 runnings, the Indianapolis 500 has become the most famous event...
36m ago from Racer.com

Motorsport.com Indy 500 driver preview

Motorsport.com's David Malsher (DM) and Nick DeGroot (NDG) preview the...
5h ago from Motorsport.com

Popular On TotalWRC.com

Lydden WRX: Solberg leads Day 1 as Loeb hits trouble

Reigning World Rallycross Champion Petter Solberg leads the way after the...
1d ago from Motorsport.com

The WRC gallery: Round 5: Portugal

Advertising Here is a selection of some of our favourite photographs,...
2d ago from WRC.com

Merzouga, Stage 5: Benavides wins as Rodrigues ends...

Honda's Kevin Benavides took win in the 2016 edition of Merzouga Rally at...
2d ago from Motorsport.com

Camilli buoyed by Portugal result

M-Sport driver reflects on fifth place finish
2d ago from WRC.com

Popular On GunnersToday.com

Arsenal make tentative approaches to rivals Chelsea...

Arsenal have made a shock approach to Chelsea as they mull over the...

Newcastle boss ready to play hard ball over £10m...

Newcastle United manager Rafa Benitez is determined to keep in demand...

Arsenal ace desperate to leave club: His agents have...

ARSENAL FC VIA GETTY EXIT: David Ospina is determined to leave Arsenal...
1h ago from DailyStar.co.uk

Spotted: Man Utd and Arsenal stars Walcott and Carrick...

MANCHESTER UNITED and Arsenal stars Michael Carrick and Theo Walcott have...
2h ago from Express.co.uk

Comments

Hottest News

EXPLAINED: The pit-lane error that cost Red Bull victory

Monaco GP: Red Bull Racing presented the victory... Read More »
2h ago from F1Hub.net

Rosberg had to let Hamilton past

Monaco Grand Prix – Mercedes instructed... Read More »
1h ago from FormulaSpy.com

Ricciardo feels "screwed" and "hurt"...

Having started from pole and leading the early... Read More »
2h ago from Motorsport.com

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.