The bribery trial of Bernie Ecclestone got underway on Thursday and although it yielded no major news, the scale of the challenge facing the Formula One boss has come to light. In a startling development, prosecutors have revealed that they believe Ecclestone was blackmailed by former banker Gerhard Gribkowsky according to an article in Forbes magazine by Christian Sylt.The revelation is surprising because it reflects Ecclestone's defence to charges from the same prosecutors that he bribed Gribkowsky. If Ecclestone loses he could face up to ten years in prison so the latest news may initially sound like it plays right into his hands. However, it remains to be seen how significant a matter...
Full Story »