F1 » CVC launches legal investigation into banker bribery scandal


CVC Capital Partners and the board of F1 holding company Delta Topco have launched their own investigation into the ongoing bribery and corruption scandal surrounding the sale of the sport's commercial rights back in 2006

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andrew.

February 16, 2011 6:15 PM

MrE will pay various people to handle different areas of CVC. It would be easy for someone to be upto something and falsifying facts and wotnot without MrE knowing.

Sadly, as MrE is not a loved figure he is instantly guilty, despite the facts and so far lack of hard evidence.

Cue disagrees for the crime of stating truims.

107SS2009

February 17, 2011 3:25 AM

The subject at hand on this page is one of the most serious and having the biggest repercussions ever in the history of F1 as such it is not a matter for the usual childish/stupid sort of posting/commenting.
Ten hours has passed and my challenge only netted seven marble less disagrees that's if no one of these seven marble less disagrees could press the button more than once.

California Kid - Unregistered

February 17, 2011 3:37 AM

Should it come to be that there was illegal activities surrounding the sale, is it not true that the whole contract/sale/agreement be declared null and void? If so the commercial rights would revert back to its previous owner(s) I believe.

Would it also not be true that CVC that would be out what ever money due to their faulty due diligence? Or would this fall under a certain statute of limitations?

Sorry, lots of legal questions, I hope someone intelligent would answer these. If you don't have an intelligent answer please move on.

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