F1 »

Ecclestone faces questions over F1 sale

Bernie Ecclestone set to be questioned over corruption claims leveled at a German banker
Bernie Ecclestone is set to be questioned by prosecutors investigated alleged corruption relating to the sale of Formula One.

According to reports in both the Daily Telegraph and through Sky News, Ecclestone is set to be asked to assist the Munich state prosecutor with its investigation into payments totalling around $50 million that were made to Gerhard Gribkowsky – who is accused of benefitting from the sale of F1 to CVC Capital Partners back in 2006 by failing to peform a 'proper valuation' of the shares that were sold.

Gribkowsky was arrested back in January and has since been held in a Munich prison while a decision is taken on whether to press formal charges against the 52-year-old.

While the German media has speculated that Ecclestone was involved in making payments to Gribkowsky, the commercial rights holder has always vehemently denied the claims and is reported to be happy to assist with the investigation if approached by prosecutors.



Related Pictures

Click on relevant pic to enlarge
Saturday, Bernie Ecclestone (GBR), President and CEO of Formula One Management
23.08.2015 - Race, Bernie Ecclestone (GBR), President and CEO of FOM
23.08.2015 - Race, Bernie Ecclestone (GBR), President and CEO of FOM
23.08.2015 - Race, Bernie Ecclestone (GBR), President and CEO of FOM
Bernie Ecclestone (GBR), President and CEO of FOM meets belgian farmers for a milk action.Sebastian Vettel (GER) Scuderia Ferrari SF15-T
Bernie Ecclestone (GBR), President and CEO of FOM meets belgian farmers for a milk action.Kimi Raikkonen (FIN) Scuderia Ferrari SF15-T
22.08.2015 - Bernie Ecclestone (GBR), President and CEO of FOM meet belgian farmers for a milk action.
22.08.2015 - Bernie Ecclestone (GBR), President and CEO of FOM meet belgian farmers for a milk action.
22.08.2015 - Bernie Ecclestone (GBR), President and CEO of FOM meets belgian farmers for a milk action.
22.08.2015 - Free Practice 3, Bernie Ecclestone (GBR), President and CEO of FOM
22.08.2015 - Free Practice 3, Daniil Kvyat (RUS) Red Bull Racing RB11, Bernie Ecclestone (GBR), President and CEO of FOM and Christian Horner (GBR), Red Bull Racing, Sporting Director
Bernie Ecclestone
21.08.2015 - Free Practice 1, Bernie Ecclestone (GBR), President and CEO of FOM
21.08.2015 - Free Practice 1, Nico Rosberg (GER) Mercedes AMG F1 W06 and Bernie Ecclestone (GBR), President and CEO of FOM
21.08.2015 - Free Practice 1, Nico Rosberg (GER) Mercedes AMG F1 W06, Bernie Ecclestone (GBR), President and CEO of FOM, Nico Hulkenberg (GER) Sahara Force India F1 VJM08 and Sebastian Vettel (GER) Scuderia Ferrari SF15-T
21.08.2015 - Free Practice 1, Bernie Ecclestone (GBR), President and CEO of FOM
26.07.2015 - Bernie Ecclestone (GBR), President and CEO of FOM and Pasquale Lattuneddu (ITA), FOM
24.07.2015 - Bernie Ecclestone (GBR), President and CEO of FOM

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.




© 1999 - 2015 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.