News Details

Gribkowsky testimony calls into question bribery charges against Ecclestone

Former banker Gerhard Gribkowsky gave testimony to a German court on Friday which calls into question the bribery charges against Bernie Ecclestone.Formula One's boss has been accused of paying part of a £26m ($44m) bribe to Gribkowsky in return for him agreeing to steer the sale of a 47.2% stake in the sport to its current owner the private equity firm CVC. Gribkowsky was in charge of selling the stake which was owned by German bank BayernLB and was sold to CVC in 2006.Over the following two years Gribkowsky received the £26m payment from Ecclestone and his Bambino family trust but the banker did not disclose it to BayernLB. German prosecutors believe that Ecclestone wanted...
Full Story »
4y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Gribkowsky to testify in Ecclestone bribery trial on...

Bernie Ecclestone with Gerhard Gribkowsky Drama in Bernie Ecclestone's...
4y ago from GrandPrix247.com

Jailed German banker tells of clash of interests with...

Gerhard Gribkowsky with Bernie Ecclestone and his daughters Petra and...
4y ago from GrandPrix247.com

Gribkowsky reveals several bribe offers

Convicted German banker Gerhard Gribkowsky, a key witness in the...
4y ago from PlanetF1.com

German Banker Testifies in Bernie Ecclestone Bribery...

Berlin, Germany:  A German banker who alleges he was bribed by...
4y ago from NDTVSports.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi's Ducati "more complicated" than my...

Jorge Lorenzo believes MotoGP rival Valentino Rossi had a “more...
23h ago from Motorsport.com

Lorenzo's MotoGP pace comes from managing...

Jorge Lorenzo's recent and triumpant return to form may have as much to...
2d ago from BikeSportNews.com

Ex-Tech3 rider Jonas Folger returns to action in Moto2...

Jonas Folger made his first appearance on a grand prix machine since last...

Zarco riding style doesn't work for Vinales

Movistar Yamaha's Maverick Vinales tried to emulate Johann Zarco's riding...
1d ago from BikeSportNews.com

Popular On IndyCarToday.com

Phoenix removed from IndyCar schedule for 2019

IndyCar’s three-year experiment on returning to Phoenix’s ISM Raceway...
14h ago from Motorsport.com

Video: KOHLER GP Friday Highlights

Check out the action from Free Practice around the Road America...

Road America IndyCar: Newgarden on top again in FP2,...

Josef Newgarden excelled again on Friday afternoon at Elkhart Lake as...
16h ago from Motorsport.com

Foyt confirms ABC Supply, Kanaan, Leist to remain in...

AJ Foyt Racing team president Larry Foyt has confirmed that the team’s...
14h ago from Motorsport.com

Popular On TotalWRC.com

Test Spy: Toyota

Test Spy: Toyota Toyota Gazoo Racing has been making the most of the...
4h ago from WRC.com

Evans seeks improvement

Evans seeks improvement Elfyn Evans has admitted he’s using the lengthy...
23h ago from WRC.com

Safari return moves closer

Safari return moves closer The return of Kenya’s iconic Safari Rally to...
1d ago from WRC.com

Safari Rally edges closer to WRC 2020 return

The return of the iconic Safari Rally to the World Rally Championship has...
1d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal transfer news: Gunners exit revelation -...

BACARY SAGNA has finally revealed why he left Arsenal for Manchester City...
2h ago from Express.co.uk

Mesut Ozil lifts lid on Wayne Rooney’s desire to...

MESUT OZIL has been discussing Wayne Rooney’s reported desire to sign...
2h ago from Express.co.uk

Mavididi returns to Arsenal but finds Nketiah in his...

There was a time when Stephy Mavididi seemed set to be the next talented...
2h ago from News.ArseBlog.com

Arsenal transfer news: Mesut Ozil is making ANOTHER...

Arsenal transfer news: Mesut Ozil is making ANOTHER demand in wake of...
7h ago from DailyStar.co.uk

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.