News Details

Ecclestone to face bribery charges

– Bernie Ecclestone, President and CEO of Formula One Management (FOM), will be tried on bribery charges relating to an alleged corrupt payment, a German court ruled on Thursday morning. Judges in Munich had been debating as to whether the 83-year-old should face trial over the secret transfer of $44m (£27m) to German banker Gerhard Gribkowsky, who was involved in organising Formula 1's sale. According to sources, Ecclestone will step down from the board of current Formula 1 owners CVC Capital Partners while the trial progresses, but is to remain in charge of the day-to-day running of the sport. Ecclestone already faces a £90 million civil claim in London's High Court, initiated by...
Full Story »
12y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone to face bribery charges

F1 boss Bernie Ecclestone to be tried on bribery charges, German court...
12y ago from BBC.co.uk

Ecclestone 'the only guy' for Formula One

Sutton Images Enlarge Christian Horner says Bernie Ecclestone is...
12y ago from espnF1.com

Ecclestone confirms bid to buy Nurburgring

Bernie Ecclestone has confirmed he has placed a bid to purchase the...
12y ago from TheF1Times.com

Horner: F1 needs Ecclestone

With Bernie Ecclestone's future in doubt amid bribery allegations, one of...
12y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Miguel Oliveira reveals what’s ‘more difficult’...

Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...

Popular On IndyCarToday.com

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...

Rookie Caio Collet fastest in two-day Indy 500 open...

The NTT IndyCar Series held its traditional two-day open test for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Man United lead Arsenal in the race for 50m-rated...

Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
1h ago from CaughtOffside.com

“Ethan has to respond” - Arsenal boss Arteta makes...

Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
44m ago from SportsKeeda.com

Arteta: If you lose a match, they destroy you - you...

Mikel Arteta has urged his Arsenal players to "love" the noise...
1h ago from SkySports.com

'I don't see them winning all the games' - Carragher...

Jamie Carragher has delivered a bold prediction about the Premier League...
1h ago from SportsKeeda.com

Comments

Hottest News

Former F1 driver Alex Zanardi dies aged 59

Former F1 driver and Paralympic champion Alex... Read More »
1h ago from GPFans.com

Russell caught off guard by ‘damn impressive’ McLaren...

It was supposed to be another measured step in a... Read More »
54m ago from F1i.com

Lewis Hamilton demands F1 'seat' in FIA plea

Lewis Hamilton has a simple plea - but will the... Read More »
53m ago from RacingNews365.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.