News Details

Ecclestone was afraid of losing grip as Formula 1 big boss

Bernie Ecclestone with Gerhard Gribkowsky during the 2005 Italian GP weekend Munich prosecutors believe Formula One boss Bernie Ecclestone allegedly bribed a German banker because he was afraid of losing his grip on the racing series. The charges released on Monday allege Ecclestone paid banker Gerhard Gribkowsky about $44 million so the Formula One Group would be sold to a buyer acceptable to Ecclestone. Gribkowsky was in charge of selling BayernLB's 47 percent stake in F1 to CVC Capital Partners in 2005. He has already been found guilty of corruption, tax evasion and breach of trust and is serving an 8½-year prison sentence. Ecclestone's trial is set to start April 24 in Munich....
Full Story »
2y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ecclestone reveals a group of teams seeking to buy...

Bernie Ecclestone Formula 1 supremo Bernie Ecclestone on Wednesday...
2y ago from GrandPrix247.com

Ecclestone says paid Formula 1 app to be released in...

Ecclestone says paid Formula 1 app to be released in June 10 April, 2014...
2y ago from GrandPrix247.com

Prosecutors dismiss Ecclestone blackmail victim claim

Bernie Ecclestone with Gerhard Gribkowsky The pre-trial documents...
2y ago from GrandPrix247.com

Ecclestone suggests a super GP2 might be the way...

Ecclestone suggests a super GP2 might be the way forward 8 April, 2014...
2y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Lorenzo says Ducati move will ease tension with Rossi

Jorge Lorenzo says he believes that the difficult relationship he has had...
1d ago from Motorsport.com

Barros back to the winner’s circle in Brazilian...

Barros gets his leathers back on and takes a race win in the Brazilian...
2h ago from BikeSportNews.com

MotoGP: Rossi takes Monza Rally win

Valentino Rossi has rounded off his 2016 season in style by successfully...

Lorenzo can win on Ducati race debut, says Ciabatti

Ducati MotoGP sporting director Paolo Ciabatti believes that the team’s...
2h ago from Motorsport.com

Popular On IndyCarToday.com

Rahal signs Servia for Indy 500, maybe more

– Rahal Letterman Lanigan Racing has signed Oriol Servià to...
2h ago from GPUpdate.net

Rahal signs Servia for Indy 500, view to more

erman Lanigan Racing has signed Oriol Servià to compete in next year's...
1h ago from GPUpdate.net

Latest IndyCar photos: Sunday at Sonoma

No description available...
1h ago from GPUpdate.net

Popular On TotalWRC.com

Hyundai has best line-up for 2017 WRC, claims team boss

Hyundai WRC team principal Michel Nandan says his team will have the...
54m ago from Motorsport.com

Ogier down to two options for 2017 seat

Sebastien Ogier will decide between two options for his World Rally...
22h ago from EuroSport.com

Al-Attiyah working on 2017 Volkswagen WRC plan

Nasser Al-Attiyah has confirmed that he is working on taking part in the...
18h ago from Motorsport.com

WRC jigsaw nears completion

Ogier and Latvala close to securing 2017 drives
21h ago from WRC.com

Popular On GunnersToday.com

FC Basel 1-4 Arsenal: Lucas beats Basel to a pulpo

Match report – Player ratings – Video Well, what a thoroughly...
4h ago from Arseblog.com

Setback in Arsenal and Chelsea's pursuit of PSG star

PSG's love of spending big on Europe's star players has driven up prices...
4h ago from CaughtOffside.com

Arsenal transfer news: Agent forced to address...

Arsenal striker Olivier Giroud will not be leaving the club in January...
4h ago from CaughtOffside.com

Charlie Nicholas: This is why Arsenal can beat anybody

Charlie Nicholas has hailed the Gunners claiming that they can beat anyone...
8h ago from ArsenalFever.com

Comments

Hottest News

Berger sees Rosberg comeback

Former McLaren and Ferrari driver Gerhard Berger... Read More »
1h ago from F1i.com

Spygate scandal could cost Alonso Mercedes seat

Fernando Alonso's chances of claiming the second... Read More »
17h ago from F1Hub.net

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.