News Details

Ecclestone admits he could be forced to quit F1

Bernie Ecclestone admits he may be forced to leave his role as CEO of FOM/FOA should he face further action in the Gerhard Gribkowsky bribery trial. Whilst Ecclestone hasn't been charged over his involvement in the sale of Formula 1 to CVC - unlike former banker Gribkowsky who was jailed for eight and a half years - the investigation is ongoing and may still find the 82-year-old guilty of bribery. Ecclestone though is adamant the $60 million payment made to Gribkowsky wasn't a bribe. However he has admitted he would be forced to leave F1 should the German prosecutors think differently. "[CVC] will probably be forced to get rid of me if the Germans come after me. It's pretty obvious, if...
Full Story »
12y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Ecclestone: I could be forced out

Bernie Ecclestone has admitted that he would likely be removed from his...
12y ago from AutoSport.com

Ecclestone admits his time could be up

F1 supremo Bernie Ecclestone concedes that the bribery case surrounding...
12y ago from PlanetF1.com

'German Grand Prix remains at Nürburgring'

The 2013 German Grand Prix will remain at the Nürburgring. This is...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Team Penske places David Malukas in the iconic #12...

Team Penske has announced that David Malukas will be joining the team and...

Zak Brown addresses three areas IndyCar can improve

McLaren CEO Zak Brown penned an open letter on Monday outlining his...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta admits he personally called star's dad to seal...

Arsenal signed Noni Madueke from Chelsea during the summer transfer...
8h ago from CaughtOffside.com

Arsenal vs Manchester City Prediction and Betting Tips...

The Premier League features a clash between two of its biggest teams this...
6h ago from SportsKeeda.com

'My word' – Former PL star names duo who've...

Former Liverpool and Aston Villa star Stan Collymore has heaped praise...
11h ago from CaughtOffside.com

Report: Euro giants hoping to raid Arsenal for...

Real Madrid are looking to improve their defensive unit with the signing...
3h ago from CaughtOffside.com

Comments

Hottest News

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.