News Details

Ecclestone admits his time could be up

F1 supremo Bernie Ecclestone concedes that the bribery case surrounding the sale of series to equity firm CVC could bring his time at the helm of the sport to an end. Ecclestone allegedly paid a $44m bribe to German banker Gerhard Gribkowsky to push through the sale to CVC in 2006. Gribkowsky was arrested in January 2011 and while he has not been charged, Ecclestone is being investigated by authorities. Ecclestone does not deny making the payment but says it was not a bribe. The Briton admits that the case could see him lose his role but does not believe that revelations that CVC have asked a head-hunting firm to draw up a list of possible replacements means he will be asked to step down...
Full Story »
12y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Valsecchi admits reserve role is best shot

Davide Valsecchi has not given up hope of earning a berth on the F1 grid...
12y ago from Crash.net

Kubica: I find it difficult to watch F1

Robert Kubica admits he misses Formula 1 dearly, but says there is little...
12y ago from PlanetF1.com

'German Grand Prix remains at Nürburgring'

The 2013 German Grand Prix will remain at the Nürburgring. This is...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Rinus VeeKay separates from Dale Coyne Racing

Rinus VeeKay will not race with Dale Coyne Racing next season after...

Colton Herta leaves IndyCar to pursue F1 with Cadillac...

The Cadillac F1 Team has announced that it has hired IndyCar star Colton...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal plot surprise decision after ‘smart...

Arsenal handed a new contract to Belgian attacker Leandro Trossard last...
8h ago from CaughtOffside.com

'Clause only for Liverpool' revealed as Reds have edge...

Liverpool have the edge over Premier League rivals such as Chelsea and...
14h ago from CaughtOffside.com

Club accelerating efforts to sign Arsenal star while...

Arsenal are reportedly still facing interest in versatile Belgian attacker...
12h ago from CaughtOffside.com

Report: Arsenal and Man City given hope of signing...

Real Madrid attacker Rodrygo Goes was linked with a move away from the...
7h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.