F1 » Ecclestone formally accused of paying bribe

For the first time, F1 ringmaster Bernie Ecclestone has been formally accused of bribing German banker Gerhard Gribkowsky during the sale of the sport's commercial rights to current majority owners CVC Capital Partners back in 2006

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July 20, 2011 4:17 PM
Last Edited 1748 days ago

As much as I think Bernie is self centered and money driven, I find this story hard to believe. The consequences of his alleged actions far outweigh any benefit he would recieve. If this story is proven to be true, and I don't think it is as it would be splashed all over the world media ( Crash I hope your litigation lawyers are ready) well Bernie should cop it! We are talking a gaol term.

Trying-Yes-Very ! - Unregistered

July 20, 2011 4:33 PM

To suggest Bernie knows nothing of any bribes, is like saying there are no backhanders in government and council building contracts etc. Anywhere there are large amounts of money up for grabs, there will be dodgy dealing and bribes etc going on, just as always. And big bankers will be involved somewhere along the way too.

MarchHare - Unregistered

July 20, 2011 5:02 PM

Apparently Bernie made the payments on behalf of News International whilst acting as a consultant to David Cameron. All perfectly normal, nothing to see here, move along please.....

racy - Unregistered

July 20, 2011 5:39 PM

Like all of you I do not know what if anything happened. And this Gribkowsky fellow may well be looking for leverage to mitigate his current problems. Who knows, however I shed no tears for rich people caught breaking laws by using money as incentive. And when they are caught often attend a tennis court prison. I say sentence them to being a walmart greeter for 30 years.

Piston Head - Unregistered

July 20, 2011 5:53 PM

Wow!what a surprise I always thought he got his 4 billion honestly just like like the Russian oligarchy does.He should have known better than to take on a bank they are too well versed in covert deals.

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