News Details

Mosley gives boost to Ecclestone’s bribery defence

For almost three years Pitpass has been saying that there is no substance behind the bribery charges against Bernie Ecclestone. It looks like we now have proof.Prosecutors in Germany claim that Ecclestone - seen here in the Singapore paddock - and his offshore Bambino family trust paid £27.5m ($44m) to German banker Gerhard Gribkowsky so that he would sell F1 in 2006 to current owner the investment firm CVC. Gribkowsky was in charge of the sale of a 47.2% stake in F1 owned by German bank BayernLB and prosecutors believe that CVC was Ecclestone's preferred buyer as it had agreed to retain him as chief executive of the sport.In July 2011 Ecclestone revealed to Pitpass' business editor...
Full Story »
10y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ecclestone bribery case postponed

A decision as to whether Formula 1 supremo Bernie Ecclestone should be...
10y ago from GPUpdate.net

German court delays decision on Ecclestone bribery case

German court delays decision on Ecclestone bribery case 20 September,...
10y ago from GrandPrix247.com

Ecclestone trial decision delayed in Germany

The decision over whether or not F1 business supremo Bernie Ecclestone...
10y ago from Crash.net

German trial for Ecclestone delayed

Bernie Ecclestone will not be in a German court on his bribery charges...
10y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Vinales: Aprilia COTA MotoGP win has ‘different...

Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Neuville and Evans tied to a tenth!

Thierry Neuville and Elfyn Evans fought a mighty duel across eight stages...

Popular On GunnersToday.com

Mikel Arteta says it is 'too soon' for £38m defender...

Arsenal manager Mikel Arteta has provided an injury update on summer...
2h ago from CaughtOffside.com

Aston Villa line up summer move for £60m Chelsea flop

Aston Villa are targeting a new left-back this summer and Chelsea's Marc...
2h ago from CaughtOffside.com

Comments

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.