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Ecclestone 'bribed' team bosses with $10m
Bernie Ecclestone has admitted payments were made to three team bosses in the late 1990's to ensure they signed up to the 1998 Concorde Agreement. The 82-year-old, who is currently embroiled in a larger bribery case involving jailed banker Gerhard Gribkowsky, is currently in court to face other charges surrounding the sale of Formula 1 to CVC Capital Partners. During the hearing, it came to light that a company called Vulper Holdings, part of Ecclestone's Bambino Trust, made three payments of £6 million ($10m) to Eddie Jordan, Alain Prost and Tom Wilkinshaw. Ecclestone denies he made the payments personally, despite claims from a lawyer, though he admitted they were made to persuade...
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11y ago from TheF1Times.com
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