News Details

Ecclestone offered to pay to prevent Munich trial

Bernie Ecclestone Formula 1 supremo Bernie Ecclestone says he offered to pay more than $40 million to stop the Gerhard Gribkowsky bribery affair. Writing in the Independent newspaper, Formula 1 business journalist Christian Sylt said the money Ecclestone used to pay the jailed banker was funded by his commission for the sale of BayernLB's commercial rights. Prosecutors allege Ecclestone was bribing Gribkowsky, but the 83-year-old Formula 1 ‘supremo' says the jailed German was in fact extorting him. Either way, Ecclestone admits he offered to pay the money back. 'I don't know why I offered to pay back the commission,' he said. 'Early on we said (we will do it) if that is what is...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Witness gives credibility to Ecclestone's blackmail...

xt">Bernie Ecclestone in court Formula 1 supremo Bernie...
9y ago from GrandPrix247.com

Gribkowsky demanded bonus of millions from BayernLB

Gerhard Gribkowski Under fire Formula 1 supremo Bernie Ecclestone was not...
9y ago from GrandPrix247.com

Tickets for post-British GP test now on sale

Tickets for the two-day test following the British Grand Prix are now on...
9y ago from RichlandF1.com

Silverstone F1 test tickets go on sale

– Tickets for the post-British Grand Prix Formula 1 group test went...
9y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Chelsea rival Arsenal for 50m attacker transfer from...

Chelsea are reportedly showing an interest in the potential transfer of RB...
56m ago from CaughtOffside.com

Arsenal could sign Premier League midfielder by...

Aston Villa's Douglas Luiz has been a long-term target for Arsenal and the...
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.