F1 » Ecclestone admits case could end F1 reign

Bernie Ecclestone says F1's bribery case could see him ousted from his position
Ecclestone admits case could end F1 reign

Bernie Ecclestone has admitted that the bribery case still hanging over his head could ultimately see him lose his role at the head of F1.

Ecclestone is still waiting to discover if he will face any charges related to alleged payments made to German banker Gerhard Gribkowsky during the sale of F1 to current owners CVC back in 2006.

While Gribkowsky has already been jailed, Ecclestone has always denied that any payments made were in the form of a bribe but he has now admitted that any charges from Germany could end his time in the sport.

“[It] will probably be forced to get rid of me if the Germans come after me,” he told the Telegraph. “It's pretty obvious, if I'm locked up.”

Rumours have been ongoing for some time about who could ultimately replace Ecclestone in his position, although the 82-year-old said he didn't feel it was a case of the company being out to find his successor.

“They said they had hired a head-hunter to find somebody in the event that I was not going to be there – if I was going to die or something,” he said. “It is the normal thing they do to keep people happy.”

Ecclestone comments come after Ferrari president Luca di Montezemolo said the case could lead to changes at the head of F1.


Tagged as: Bernie Ecclestone , CVC



Related Pictures

25.11.2012- Bernie Ecclestone (GBR), President and CEO of Formula One Management
Bernie Ecclestone (GBR) CEO Formula One Group (FOM)
18.11.2012 - Bernie Ecclestone (GBR), President and CEO of Formula One Management

Join the conversation - Add your comment

Please do not post any personal abuse or attacks.

  • (this will never be displayed, but is required for email notification of follow-up comments)

    Email me when this topic is updated.

Note: Your comment may take a few minutes to appear

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.


107SS2009

December 30, 2012 11:53 AM

LDM of FERRARI was correct in what he said, he sure know what he was talking about.
I wonder if some that jumped into the fray on the LDM page with wisdom pouring out of their brains will now swallow back what they said about him.