News Details

Ecclestone was blackmailed to pay £26m say prosecutors

German prosecutors have made the stunning revelation that they believe Bernie Ecclestone was blackmailed by a former banker who received £26m ($44m) from the Formula One boss according to an article in the Daily Mail by Christian Sylt.For the past three years Ecclestone's legal situation has hung over F1 like a dark cloud. In January 2011 former banker Gerhard Gribkowsky was arrested in Germany for receiving £26m from Ecclestone and his family's Bambino trust. The prosecutors soon revealed that they believe the payment was a bribe so that Gribkowsky would steer the sale of F1 in 2005 to Ecclestone's preferred buyer.Two years ago Gribkowsky was convicted for receiving the...
Full Story »
11mo ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ecclestone's blackmail claims questioned

Prosecutors cast doubt over Bernie Ecclestone's claims that he was...
11mo ago from PlanetF1.com

Witness sheds doubt on Ecclestone's blackmail defence

Bernie Ecclestone Bernie Ecclestone's blackmail defence came under...
11mo ago from GrandPrix247.com

Investigator questions Ecclestone's blackmail claims

A German investigator cast doubt on the credibility of Bernie...
11mo ago from F1Pulse.com

Ecclestone tipped to survive corruption scandal

Bernie Ecclestone in court Formula 1 insiders have tipped the sport's boss...
11mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

More details emerge of Marquez injury

Further details have emerged regarding Saturday's finger injury for...
6h ago from Crash.net

Smith s ankle a four to six month injury

Bradley Smith may not mention it, but one glance at the Englishman...
2h ago from Crash.net

Rossi & Marquez set to resume duel in Jerez

Valentino Rossi and Marc Marquez look set to resume their duel for the...
5h ago from MotoGP.com

Popular On IndyCarToday.com

Montoya and Kimball disagree, both critical of race...

After a frantic IndyCar race at Barber, multiple drivers were left with...
17h ago from Motorsport.com

Newgarden Takes Maiden Win at Barber

An outstanding race full of strategy and passing saw Josef Newgarden hold...
19h ago from OpenWheelWorld.n...

Mick Schumacher wins third-ever car race in German F4

Mick Schumacher, the 16-year-old son of seven-time Formula 1 World...
1d ago from Motorsport.com

Castroneves outruns the rain to win Alabama pole

– Hélio Castroneves put in a quick lap early in the third...
1d ago from GPUpdate.net

Popular On TotalWRC.com

Round 1 produces a first podium for Team...

Timmy Hansen finished on the podium, chased in the order by team-mate Davy...
1h ago from Motorsport.com

Latvala: Argentina DNF a bitter blow

Volkswagen's Jari-Matti Latvala says his failure to finish Rally...
1h ago from Crash.net

Four Out of Four Stage Win For Volkswagen On Day Three

Will a rally victory unlikely for Volkswagen Motorsport the team spent...

Sordo fights back to fifth

Hyundai's Dani Sordo says he will take a “lot of positives” from...
7h ago from Crash.net

Popular On GunnersToday.com

Video: Chelsea fans deface Herbert Chapman's statue...

Footage has been released of a bunch of Chelsea fans who defaced the...
2h ago from SportsKeeda.com

Bellerin - Wing education has helped

Hector Bellerin believes that his early days as a winger have helped him...
6h ago from Arsenal.com

Transfer rumours and paper review – Monday, April 27

Here's the top transfer-related stories in Monday's newspapers......
10h ago from TalkSport.com

Arsenal star Aaron Ramsey: Chelsea are the best team...

Arsenal midfielder Aaron Ramsey has conceded Chelsea are the best team in...
6h ago from TalkSport.com

Comments

comments powered by Disqus

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.