News Details

Ecclestone offered to pay to prevent Munich trial

Bernie Ecclestone Formula 1 supremo Bernie Ecclestone says he offered to pay more than $40 million to stop the Gerhard Gribkowsky bribery affair. Writing in the Independent newspaper, Formula 1 business journalist Christian Sylt said the money Ecclestone used to pay the jailed banker was funded by his commission for the sale of BayernLB's commercial rights. Prosecutors allege Ecclestone was bribing Gribkowsky, but the 83-year-old Formula 1 ‘supremo' says the jailed German was in fact extorting him. Either way, Ecclestone admits he offered to pay the money back. 'I don't know why I offered to pay back the commission,' he said. 'Early on we said (we will do it) if that is what is...
Full Story »
1y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Witness gives credibility to Ecclestone's blackmail...

xt">Bernie Ecclestone in court Formula 1 supremo Bernie...
1y ago from GrandPrix247.com

Gribkowsky demanded bonus of millions from BayernLB

Gerhard Gribkowski Under fire Formula 1 supremo Bernie Ecclestone was not...
1y ago from GrandPrix247.com

Tickets for post-British GP test now on sale

Tickets for the two-day test following the British Grand Prix are now on...
1y ago from RichlandF1.com

Silverstone F1 test tickets go on sale

– Tickets for the post-British Grand Prix Formula 1 group test went...
1y ago from GPUpdate.net

Elsewhere On The Network

Popular On MotoGPToday.com

Di Meglio: “This is a very powerful bike”

Mike Di Meglio feels that the power of his Open Ducati might be an...
3h ago from MotoGP.com

Marquez recharged and ready for Indy

Repsol Honda's Marc Marquez is feeling re-energised following the summer...
5h ago from Crash.net

Simeon: “Winning is a great feeling, but…”

Xavier Simeon says he has already forgotten what winning fees like ahead...
6h ago from MotoGP.com

Marquez Blog: We’re back and ready for action

We’re back and 100% ready for action after our short summer break… In...
6h ago from MotoGP.com

Popular On IndyCarToday.com

Penske hands Piquet Jr. IndyCar test

– Formula E champion and ex-Formula 1 driver Nelson Piquet Jr. will...
3h ago from GPUpdate.net

MILLER: Let's call it 'Sage Gate'

Let's call it "Sage Gate" for lack of a better name but let's...
21h ago from Racer.com

Rahal scores blistering win as Montoya stumbles

Hometown hero Graham Rahal has scorched to the finest win of his career...
1d ago from SpeedCafe.com

RACER Video: Robin Miller with Mid-Ohio winner Graham...

The RACER Channel's Robin Miller catches up with Graham Rahal after the...
23h ago from Racer.com

Popular On TotalWRC.com

Evans' spanner saves the day

The M-Sport driver was in sixth place on Friday morning when his Ford...
2h ago from WRC.com

Gilbert targets Junior crown at home rally

Frenchman bids to secure Junior WRC title in Corsica
4h ago from WRC.com

First RX content pack hits Dirt Rally

From the press release, published today: From today, owners of DiRT Rally...
21h ago from WorldRallyBlog.c...

Ogier closes on title number three

Win could come at the next round in Germany
1d ago from WRC.com

Popular On GunnersToday.com

Arsenal star Alexis Sanchez forced to delay pre-season...

París ... ????????? A photo posted by Alexis Sanchez (@alexis_officia1)...
2h ago from Express.co.uk

Video: Arsenal stars photobomb supporters during...

A number of Arsenal's first-team stars took some time out from their...
2h ago from SportsMole.co.uk

DONE DEAL! Arsenal starlet Chuba Akpom joins Hull on...

Hull have announced the signing of young Arsenal striker Chuba Akpom in a...
3h ago from TalkSport.com

Paris Saint-Germain plot £10.5m deal for...

Paris Saint-Germain have moved ahead of Arsenal in the pursuit to sign...
5h ago from TalkSport.com

Comments

comments powered by Disqus

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.