Stoked News – News, Videos, surf, skateboard, snowboard, motorsports, action sports » Blog Archive » F1 – Bernie Ecclestone admits bribe case could end F1 reign
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Bernie Ecclestone has spoken for the first time about how his reign as Formula One’s chief executive could be threatened if he is charged in a bribery case in Germany surrounding the $1.6bn sale of the motor racing series to private equity firm CVC in 2006.

The case concerns a $44m bribe Mr Ecclestone allegedly paid to a German banker, Gerhard Gribkowsky, to wave through the sale to CVC.

Mr Ecclestone says CVC “will probably be forced to   …  More

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This entry was posted on Saturday, December 29th, 2012 at 4:50 pm and is filed under Automobile, Formula & Indy Cars. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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