Abu Dhabi

Last Race: 23rd Nov Abu Dhabi

Abu Dhabi GP Results
Pos Driver
1 Lewis Hamilton
2 Felipe Massa
3 Valtteri Bottas

Bernie offered to pay BayernLB

Friday 6th June 2014

 RSS

Share:

Bernie offered to pay BayernLB

Bernie offered to pay BayernLB

Bernie Ecclestone offered to pay BayernLB back some of the commission he earned through his part in the sale of CVC to prevent the current trial.

Ecclestone's trial in Munich is continuing with the F1 supremo charged with paying a bribe to former German banker Gerhard Gribkowsky during the sale of the sport to CVC.

Prosecutors allege that the 83-year-old paid Gribkowsky in order for him to facilitate the sale specifically to CVC, Ecclestone's preferred bidder.

The F1 supremo was paid commission by BayernLB to the tune of £24.7million and has revealed that he offered to pay back some of it to prevent the German trial.

"I don't know why I offered to pay back the commission," he told the Independent.

"Early on we said (we will do it) if that is what is necessary to get this rubbish out of the way.

"I didn't say we would pay it back. I said we will pay some back.

"One of our lawyers spoke to (BayernLB) and said paying back five per cent was too much, it should have been 2.5 per cent."

Ecclestone's trial is expected to run until September.

Hamilton Title Celebrations

Editor's Picks

Gallery: Title Celebrations

Gallery: Title Celebrations

Lewis, his family and Mercedes all celebrated the Brit's 2014 Drivers' Championship success in Abu Dhabi...

Winners & Losers: Abu Dhabi

Winners & Losers: Abu Dhabi

Lewis Hamilton finally achieved the points difference that all his 2014 performances have justified...

The 2014 Season In Numbers

The 2014 Season In Numbers

The Championships both went to Mercedes with Lewis Hamilton securing the drivers. But who finished P6? Find out...

NTF1News: Disney Movie

NTF1News: Disney Movie

Among news items this week, tales of the Honey Badger, plus Disney's new movie about the engine row - Un-Frozen...

Winners & Losers: Brazilian GP

Winners & Losers: Brazilian GP

Nico Rosberg kept his lock-ups to a minimum as Turn 4 came back to haunt Lewis Hamilton at Interlagos...