{"id":45390,"date":"2011-03-02T18:35:16","date_gmt":"2011-03-03T01:35:16","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=45390"},"modified":"2011-03-02T18:35:16","modified_gmt":"2011-03-03T01:35:16","slug":"f1-kickback-probe-tests-cvc%e2%80%99s-ties-with-f-1%e2%80%99s-ecclestone","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=45390","title":{"rendered":"F1 &#8211; Kickback Probe Tests CVC\u00e2\u20ac\u2122s Ties With F-1\u00e2\u20ac\u2122s Ecclestone"},"content":{"rendered":"<p style=\"text-align: left;\">Banker Gerhard Gribkowsky may have taken a $50 million kickback for engineering the sale of Formula One, the world\u00e2\u20ac\u2122s most-watched motor sport, German prosecutors say. Who paid that suspected bribe, they aren\u00e2\u20ac\u2122t saying.<\/p>\n<p style=\"text-align: left;\">That mystery has thrown a spotlight on the partnership between 80-year-old Formula One Management Ltd. Chief Executive Officer Bernie Ecclestone, a fixture of London\u00e2\u20ac\u2122s tabloids, and the company\u00e2\u20ac\u2122s buyer, CVC Capital Partners Ltd., one of Europe\u00e2\u20ac\u2122s largest and most-private buyout firms. The case is also reviving the anger of media mogul Leo Kirch, who says the racing company he once owned was sold on the cheap. Meanwhile, Gribkowsky sits in a German prison that held Adolf Hitler\u00c2\u00a0\u00c2\u00a0 &#8230;\u00c2\u00a0 <a href=\"http:\/\/www.businessweek.com\/news\/2011-02-15\/kickback-probe-tests-cvc-s-ties-with-f-1-s-ecclestone.html\" target=\"_blank\">Details<\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/www.stokednews.com\">www.stokednews.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banker Gerhard Gribkowsky may have taken a $50 million kickback for engineering the sale of Formula One, the world\u00e2\u20ac\u2122s most-watched motor sport, German prosecutors say. Who paid that suspected bribe, they aren\u00e2\u20ac\u2122t saying. That mystery has thrown a spotlight on the partnership between 80-year-old Formula One Management Ltd. Chief Executive Officer Bernie Ecclestone, a fixture [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,21],"tags":[],"class_list":["post-45390","post","type-post","status-publish","format-standard","hentry","category-automobile","category-formula-1-indy-cars"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/45390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45390"}],"version-history":[{"count":2,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/45390\/revisions"}],"predecessor-version":[{"id":45392,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/45390\/revisions\/45392"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45390"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}