News Details

Ecclestone: I was a sarcastic when I asked would 50 million help you?

Bernie Ecclestone in court Formula 1  boss Bernie Ecclestone told a court on Tuesday that a multi-million dollar payment to a jailed German banker was designed to buy the man's silence. Given detailed evidence for the first time in his bribery trial, Ecclestone repeated earlier statements that the payment to former BayernLB chief risk officer Gerhard Gribkowsky was an insurance policy after the German put him under pressure over his tax affairs. 'I was a little sarcastic when I asked would 50 million help you?,' Ecclestone said of a conversation with Gribkowsky. 'It was the cheapest insurance policy I have ever seen.' Ecclestone is accused of channelling $44 million to Gribkowsky in...
Full Story »
2mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

CVC boss says Ecclestone drove hard bargain over F1...

Bernie Ecclestonewith Donald Mackenzie Formula 1 supremo Bernie...
2mo ago from GrandPrix247.com

Ecclestone's bribery trial extended

Bernie Ecclestone Formula 1 chief executive Bernie Ecclestone's Munich...
2mo ago from GrandPrix247.com

CVC’s chief Donald Mackenzie backs Ecclestone in...

CVC's chief Donald Mackenzie backs Ecclestone in courtPosted On 10 Jul...
2mo ago from ThisIsF1.com

Ecclestone's bribery trial extended

Bernie Ecclestone's Munich trial has been extended. Originally, the F1...
2mo ago from GrandPrix.com

Comments

comments powered by Disqus

Hottest News

McLaren loses sponsor deal to Ecclestone

McLaren has reportedly suffered yet another... Read More »
11h ago from ThisIsF1.com

Driver ratings: Singapore GP

We rate the drivers for their performance in the... Read More »
5h ago from F1Zone.net

Angry Rosberg tells Mercedes to improve

One small problem has cost Nico Rosberg big under... Read More »
10h ago from ThisIsF1.com

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.