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Witness gives Ecclestone good day in court
Bernie Ecclestone's defence got a boost on Tuesday, as the corruption trial continued in Munich. If found guilty of having bribed the jailed former F1 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 F1's commercial rights, CVC, got the green light. It is alleged that Ecclestone wanted CVC to buy BayernLB's shares, because the Munich state bank holding onto them could endanger his role as F1 supremo. But a former legal advisor...
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9y ago from GrandPrix.com
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