Controversial Formula One boss Bernie Ecclestone is facing bribery charges from German prosecutors. The long-rumored indictments stem from the 2006 sale of the racing series from Germany's Bayern LB bank to CVC Capital partners. The charge could result in Ecclestone facing jail time and losing his iron grip on the F1 series.

Ecclestone, 82, is said to be "100 percent" relaxed about the pending charges, despite the fact that Bayern's former chief risk officer, Gerhard Gribkowsky, is already incarcerated and serving an eight-and-a-half-year sentence for admitting to taking a bribe worth nearly $43 million. According to reports, German prosecutors are alleging that Ecclestone was responsible for that money. For his part, Ecclestone has repeatedly asserted his innocence, maintaining that he is a victim of blackmail.

If the case goes to trial, Germany's The Local says Ecclestone is not likely to appear in court until this fall, as much of the case's extensive documentation will need to be translated into English.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 30 Comments
      Stang70Fastback
      • 1 Year Ago
      Surely there must be ONE photograph of this man on the ENTIRE internet that doesn't make him look like an evil zombie corpse.
        ToyotaSupraMan
        • 1 Year Ago
        @Stang70Fastback
        Photographers take photos, they don't make miracles. He IS an evil zombie corpse.
      Avinash Machado
      • 1 Year Ago
      Doubt that he will serve any jail time.
        John Moran
        • 1 Year Ago
        @Avinash Machado
        If by some terrible turn of fate, Bernie was incarcerated, he would just buy the prison, warden, and guards, and have the place turned into a resort. He would probably also put in a F1 circuit to expand his empire and add another race to the schedule.
      MONTEGOD7SS
      • 1 Year Ago
      A billionaire involved in bribery? Surely not.
      Mr Sled
      • 1 Year Ago
      This is news? Seems like you just have to expect this from Bernie.
      Steven
      • 1 Year Ago
      Any bets on him still heading up F1 at the start of the 2014 season? I'm afraid the jigs up, Bernie. Time to go....
      cozzod
      • 1 Year Ago
      of course he is relaxed , he a billionaire, billionaires dont go to jail. all the judges are on the payroll
        wetvprodcr
        • 1 Year Ago
        @cozzod
        Ever heard of Madoff?
          Steve
          • 1 Year Ago
          @wetvprodcr
          Madoff didn't share his wealth with the right people.
          John Moran
          • 1 Year Ago
          @wetvprodcr
          Oh please, Madoff is a minor parasite. Make that a stupid minor parasite compared to Bernie. Bernie didn't get rich by being stupid and he could buy and sell Madoff's by the dozen. If Bernie thought he might go to jail he'd just buy some country with a non-extradition law and move there!
      Zeus
      • 1 Year Ago
      Bernie involved in Bribery?!? noooo way, I'm so shocked. Ahaha honestly this guy is too rich for his own good, completely out of touch with reality. Nothing wrong with making billions, but when you start to just fling money around to buy people theres a problem. Why do you guys think hes "100% relaxed" ? Probably bribing the judge the lawyers on both sides and every member of the jury. Hate to say it, but the day this guy croaks the sport will be better.
      Vien Huynh
      • 1 Year Ago
      Why am I not surprised?
      • 1 Year Ago
      [blocked]
      jonnybimmer
      • 1 Year Ago
      Ecclestone would bribe someone!? Crazy! He seemed like such an honest man.... /s
      Trent
      • 1 Year Ago
      Waiters are like hookers, never around when you want them. Bernie Ecclestone
      johnnythemoney
      • 1 Year Ago
      Why is senility taking only those we love?!
    • Load More Comments