• as seen on newsnow.co.uk

Other Sites

Network Navigation

Vital Partners

'If It's F1, It's Vital'

Bernie questioned by German state prosecutors

F1 boss Bernie Ecclestone has been questioned as part of a police investigation into an alleged multi-million pound bribery scandal.

The case is in direct relation to Formula One's sale to private equity firm CVC back in 2006.

German state prosecutors are trying to establish who paid around $50million to Gerhard Gribkowsky, who at the time was overseeing the sale of BayernLB's stake in F1.

Gribkowsky was arrested in January and remains in a Munich prison awaiting charges.

Bernie Ecclestone released a statement on Friday which read: 'I have been co-operating with the State Prosecution Office's investigation of the affairs of Dr Gribkowsky since the outset.

'When I was informed that there was a first suspicion in relation to my perceived involvement in the matter I went to see the Senior State Prosecutor and her team in Munich earlier this month to clear up any allegations against me.


Gribkowsky has been accused of selling a 48% stake in Formula One without legal valuations while receiving an apparent $50million bribe disguised via consultancy agreements.

Ecclestone has not been officially accused of having any connection with those payments and has always denied any involvement.

Bernie's statement concluded: 'I will continue to give the State Prosecution Office my full co-operation in whatever capacity it may ask and I am confident that when the full facts have been established I will be exonerated of blame for any wrongdoing.'








Join Vital F1

It's easy to join up and join in on VitalF1.com, simply click the link and enjoy getting involved!

If you are already a member of Vital Football, your logins will automatically work on VitalF1.com!

Writer: Red5 Mail feedback, articles or suggestions

Date:Wednesday April 20 2011

Time: 10:00AM

 

Have Your Say

Click here to register an account

Recent Articles

Can Mercedes win in Monaco? (Friday May 24 2013)

Button happy with Monaco form (Friday May 24 2013)

Pirelli could quit Formula One (Friday May 24 2013)

Lotus hope to keep Raikkonen (Wednesday May 22 2013)

BMW deny F1 return (Tuesday May 21 2013)

FIA reject tyre change plan (Tuesday May 21 2013)

Pirelli will change the tyres (Monday May 20 2013)

2013 Spa GP - Weekend recap - Massa (Wednesday May 15 2013)

VF1blog: Alonso's Home Run (Monday May 13 2013)

2013 Spa GP - Race - Result (Sunday May 12 2013)

Lotus seek improvements (Thursday May 9 2013)

Lessons learned for Silverstone (Thursday May 2 2013)

Remembering Ayrton (Wednesday May 1 2013)

The battle for survival (Monday April 29 2013)

Pirelli to introduce new hard tyre (Friday April 26 2013)

Hamilton enjoying new challenge (Thursday April 25 2013)

2013 Bah GP - Weekend recap - Vettel (Wednesday April 24 2013)

2013 Bah GP - Weekend recap - Grosjean (Wednesday April 24 2013)

Poll Result: Bahrain (Tuesday April 23 2013)

VF1blog: Deja Vu In The Desert (Monday April 22 2013)

2013 Bah GP - Race - Result (Sunday April 21 2013)

Red Bull conspiracy theories (Wednesday April 17 2013)

Kovalainen makes Caterham return (Wednesday April 17 2013)

Pirelli ditch soft tyre (Wednesday April 17 2013)

VF1blog: Red revolution (Tuesday April 16 2013)

VF1blog: Fernando Flies for Ferrari (Tuesday April 16 2013)

Who will win in Bahrain? (Tuesday April 16 2013)

2013 Chi GP - Race - Result (Sunday April 14 2013)

2013 Chi GP - Qualifying - Result (Saturday April 13 2013)

Horner hits back (Friday April 12 2013)

Red Bull to reduce 'team orders' (Friday April 12 2013)

Alonso backs pit-stop call (Thursday April 11 2013)

Mistakes were made says Rosberg (Thursday April 11 2013)

Webber will race on (Thursday April 11 2013)

Massa targets Ferrari improvement (Wednesday April 10 2013)

McLaren back on track (Wednesday April 10 2013)

Horner speaks out against RRA (Tuesday April 9 2013)

Who will win in China? (Tuesday April 9 2013)

Williams hoping to improve (Tuesday April 9 2013)

Archived Articles

List All Vital F1 Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Red5 917
2. DJ 768
3. The Fear 738
4. Villaininthemerde 611
5. johnkelv 519
6. Druss_the_Legend 487
7. Push The Button 407
8. col8 334
9. __villa__ 145
10. The Intimidator 118

Current Site Poll (view all polls)

Should F1 stick with Pirelli for 2014?
Yes 16%
No 42%
I don't care about tyres! 42%