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Ecclestone has a good day in court

Bernie Ecclestone in court Formula 1 supremo Bernie Ecclestone had a good day in court on Tuesday, as his defence received a boost at the ongoing corruption trial in Munich. If found guilty of having bribed the jailed former Formula 1 banker Gerhard Gribkowsky, the sport's chief executive will certainly lose his job, and probably also be jailed. But his defence – that Gribkowsky blackmailed him – got a boost on Tuesday. Central to the prosecution's case is the suggestion that Ecclestone paid Gribkowsky $44 million so that his preferred buyer for Formula 1′s commercial rights, CVC, got the green light. It is alleged that Ecclestone wanted CVC to buy BayernLB's shares,...
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8mo ago from GrandPrix247.com 0
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