News Details

Ecclestone to face bribery trial, steps down from F1 board

Bernie Ecclestone has been forced to step down from his role on the Formula 1 board following confirmation that he will stand trial on bribery charges in Germany. Munich prosecutors announced on Thursday that criminal proceedings against Ecclestone will be launched after he allegedly bribed German banker Gerhard Gribkowsky with £27 million ($44m) in 2005. He faces charges of bribery and incitement to breach of trust which would certainly result in a jail term if found guilty. Ecclestone will however remain in charge of the day-to-day management of the sport, despite CVC Capital Partner's decision to remove him from the board. His position will be "subject to increased...
Full Story »
3y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Ecclestone steps down as director ahead of bribery...

Bernie Ecclestone has stepped down from the board of directors which runs...
3y ago from F1Zone.net

Bernie Ecclestone to step down from F1 board

Bernie Ecclestone is set to step down from the board of the company that...
3y ago from RichlandF1.com

Bernie Ecclestone faces bribery trial in Germany

Formula One boss Bernie Ecclestone will go on trial on bribery charges in...
3y ago from F1Pulse.com

Ecclestone leaves Board of Formula 1

Stepping down from the board of Delta Topco—the group that runs Formula...
3y ago from Formula1Blog.com

Elsewhere On The Network

Popular On MGPToday.com

Marquez suffers injury scare

MotoGP Repsol Honda Team riders Marc Marquez and Dani Pedrosa were back in...
1d ago from SuperSport.com

Marquez dislocates shoulder in Jerez MotoGP test crash

The reigning MotoGP World Champion crashed at turn seven but was back out...
2d ago from BikeSportNews.com

‘With wings, we could win at Qatar’ says Lorenzo

Jorge Lorenzo is confident after a good test at Phillip Island and may yet...
6d ago from BikeSportNews.com

Márquez dislocates shoulder in test crash

– MotoGP World Champion Marc Márquez dislocated his shoulder in a...
2d ago from GPUpdate.net

Popular On IndyCarToday.com

IndyCar 2018 universal bodywork development update

Continual progress is being made with IndyCar's new-for-2018 universal...
15h ago from Racer.com

IndyCar seeks international, domestic expansion

Verizon IndyCar Series CEO Mark Miles continues to look for opportunities...
14h ago from Racer.com

Montoya has 'fun' in Risi Ferrari at Sebring

While Risi Competizione spent Friday getting ready for the upcoming Mobil...
3d ago from Racer.com

Hunter-Reay wins protracted suit against Gentilozzi

Above: Ryan Hunter-Reay races on the streets of Toronto in 2005. IndyCar...
4d ago from Racer.com

Popular On TotalWRC.com

Latvala reveals Ogier pressure

Finn frustrated by being in Ogier's shadow at VW
20h ago from WRC.com

Hyundai unveils driver scheme

Hyundai unveils driver scheme Hyundai Motorsport has launched a driver...
1d ago from WRC.com

Mexico City: Zocalo beats to WRC rhythm

Mexico City:Zocalo beats to WRC rhythm The FIA World Rally Championship...
4d ago from WRC.com

The best WRC city stages

The best WRC city stages The WRC is more rugged wilderness than urban...
4d ago from WRC.com

Popular On GunnersToday.com

Luke Hobbs named interim Academy Manager

Luke Hobbs is be our interim Academy Manager following Andries Jonker's...
2h ago from Arsenal.com

How many players has each Premier League team used so...

HICH Premier League team has fielded the smallest number of players this...
2h ago from DailyStar.co.uk

Club confirm Arsenal departure

GETTY Arsenal legend Freddie Ljungberg has followed Andries Jonker to...
7h ago from DailyStar.co.uk

Comments

Hottest News

Barcelona Test Day 2: Live Timing and Commentary

Follow the second day of the first Barcelona... Read More »
5h ago from F1Hub.net

Italian media unhappy with Ferrari 'news blackout'

The Italian media is slamming Ferrari for its... Read More »
52m ago from F1i.com

Toro Rosso ‘not blue Mercedes’ – Key

Technical boss James Key has played down... Read More »
1h 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.