News Details
Ecclestone regrets paying $44m to jailed banker
Bernie Ecclestone has revealed that he regrets making a $44m payment, which German prosecutors believe was a bribe, according to an article in the Express by Christian Sylt.The payment was made by Ecclestone and his family's Bambino trust to Gerhard Gribkowsky, former chief risk officer at German bank BayernLB. Gribkowsky was responsible for selling BayernLB's 47.2% stake in F1 in 2006 and German prosecutors believe he was bribed to sell to the private equity firm CVC as it had agreed to retain Ecclestone as the sport's chief executive.In 2012 Gribkowsky was sentenced to eight and a half years in prison in Munich for receiving the alleged bribe and next month Ecclestone is due to be put on...
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
India GP problems money related says Ecclestone
The promoter of India's beleaguered formula one race breached its...
11y ago from GrandPrix.com
Indian GP problems money related says Ecclestone
Indian GP problems money related says Ecclestone 12 March, 2014 Bernie...
11y ago from GrandPrix247.com
Ecclestone prepared to sell his Formula 1 shares in...
Bernie Ecclestone has revealed that he will sell his 5.3 % stake in...
11y ago from GrandPrix247.com
Ecclestone may sell F1 stake
Ecclestone faces a court case in Germany next month Sutton Images...
11y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha: ’2026 MotoGP bike not performing badly but...
No description available...
1h ago from Motorsport.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
21h ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
1d ago from Motorsport.com
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
2d ago from MotorsportWeek.c...
Arrow McLaren officially opens doors to new home in...
No description available...
1d ago from Motorsport.com
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
20h ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
1d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
3d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sources: Newcastle lead race for 'exceptional' talent...
Newcastle United have attracted a lot of unwanted headlines this week...
51m ago from CaughtOffside.com
Verbal agreement reached as Arsenal & Chelsea...
Fabrizio Romano reports that Juventus attacking midfielder Kenan Yildiz...
21m ago from CaughtOffside.com
'It's not the Champions League final' – Chelsea...
Chelsea legend John Terry has mocked Arsenal for their over-the-top...
2h ago from CaughtOffside.com
Update: Arsenal will try again for midfielder this...
Arsenal are reportedly likely to try again for the transfer of Bayern...
4h ago from CaughtOffside.com
Comments
Hottest News
McLaren shocked by 'strong' Red Bull after testing
McLaren CEO Zak Brown has given his verdict on... Read More »
51m ago from GPFans.com
Thermal warfare: F1 rivals unite to melt Mercedes’ engine...
Behind closed doors and in hurried conference... Read More »
3h ago from F1i.com
Cadillac take over famous landmark as Super Bowl livery...
Cadillac's livery reveal is getting ever closer! Read More »
41m ago from RacingNews365.com
