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
20.07.2014- Bernie Ecclestone (GBR), President and CEO of Formula One Management
20.07.2014- Lukas Podolski (GER) Football Player and Bernie Ecclestone (GBR), President and CEO of Formula One Management
20.07.2014- Gerhard Berger (AUT)
20.07.2014- Lukas Podolski (GER) Football Player and Bernie Ecclestone (GBR), President and CEO of Formula One Management
20.07.2014- Bernie Ecclestone (GBR), President and CEO of Formula One Management
20.07.2014- Bernie Ecclestone (GBR), President and CEO of Formula One Management
20.07.201- Fabiana Flosi (BRA), wife of Bernie Ecclestone (GBR).
Bernie Ecclestone
Bernie Ecclestone
06.07.2014 - Sir Jackie Stewart (GBR), Prince Henry of Wales and Bernie Ecclestone (GBR), President and CEO of Formula One Management
06.07.2014 - Bernie Ecclestone (GBR), President and CEO of Formula One Management and Prince Henry of Wales
06.07.2014 - Bernie Ecclestone (GBR), President and CEO of Formula One Management and Prince Henry of Wales
04.07.2014 - Bernie Ecclestone (GBR), President and CEO of Formula One Management
04.07.2014 - Bernie Ecclestone (GBR), President and CEO of Formula One Management
04.07.2014 - Christian Horner (GBR), Red Bull Racing, Sporting Director and Bernie Ecclestone (GBR), President and CEO of Formula One Management
04.07.2014 - Christian Horner (GBR), Red Bull Racing, Sporting Director and Bernie Ecclestone (GBR), President and CEO of Formula One Management
04.07.2014 - Bernie Ecclestone (GBR), President and CEO of Formula One Management

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 - 2014 Crash Media Group

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