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F1 board admits Ecclestone reign is over

The criminal trial is only just beginning, but F1's board has already conceded that the Bernie Ecclestone reign is at an end. The banker he allegedly bribed, Gerhard Gribkowsky, is already in jail for receiving the $44 million, and a UK judge has also declared that the sport's 83-year-old chief executive paid a bribe. Still, Ecclestone's defence appeared to get a boost this week when it emerged that German prosecutors concede that the diminutive Briton was in fact blackmailed by Gribkowsky. Writing in Forbes, and quoting from the indictment, F1 business journalist Christian Sylt explained that Gribkoswky was putting "pressure" on Ecclestone by "repeatedly insinuating"...
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4mo ago from GrandPrix.com 0
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