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    Report: Bernie Ecclestone steps down from board of F1, will face bribery trial in Germany
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    Bernie Ecclestone has officially stepped down from his position on the board of directors of the Formula One empire, following an announcement that he faces a trial in a German court for bribery. According to a report from Autoweek, Ecclestone will retain his day-to-day responsibilities within ...

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    Report: F1's Ecclestone allegedly paid team owners $10M bribes to pass Concord Agreement
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    It's come out that Bernie Ecclestone, the chief executive of Formula One, paid three team principals - Eddie Jordan, Alain Prost and the late Tom Walkinshaw - $10 million each to sign the 1998 Concorde Agreement. Concorde being a commercial rights agreement that governs the split of monies ...

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    Report: F1 boss Ecclestone staring down bribery charges
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    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 ...

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    Report: Ecclestone may face 10-year sentence over F1 bribery charges
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    Formula One CEO Bernie Ecclestone should expect Germany to file charges against the executive over his alleged bribery of former banker Gerhard Gribkowsky. That's according to Autoweek, which notes Gribkowsky oversaw the sale of BayernLB's stake in the racing series back in 2006 to CVC Capital ...

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    Report: CVC sells off 21 percent of Formula One
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    It may be a while before Bernie Ecclestone is successful in his plans to float Formula One on the Singapore Stock Exchange, but that doesn't mean that he and his employers at CVC Capital Partners can't begin selling off chunks of their business. Out of a valuation of $9.1 billion, CVC sold off ...

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    Motorsports: Yellow-Flagged: Formula One's French Grand Prix and IPO potentially on hold
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    It is exceptionally rare for Bernie Ecclestone to be shown the yellow flag when it comes to his Formula One business dealings, but that's what happened with two of his projects. A month ago, Ecclestone agreed to terms with France's sports minister David Douillet to reinstate the French Grand Prix ...

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    Report: CVC gearing up to sell 20% of Formula One with $2B Singapore IPO
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    Formula One has many homes: the Formula One Management company that controls its commercial aspects is based in London, the FIA that governs its sporting aspects is based in Paris, and you'd certainly have a point to make if you asserted its spiritual home was in Monaco. But none of these places ...

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    Report: California investment firm considers buying back F1
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    CVC. To those familiar with the commercial side of things, those letters are synonymous with Formula One. But they weren't always, and they may not be forever. In fact, it is almost assured that the day will come when CVC Capital Partners will sell its majority stake in the premier racing series. ...

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    Report: F1's Ecclestone to face $50M bribery charges?
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    Formula One boss Bernie Ecclestone may find himself in legal trouble in Germany over allegations that he bribed a bank official $50 million. According to Yahoo Sports' European arm, prosecutors are currently gathering evidence against the F1 honcho. The would-be charges center around the deal ...

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    Bernie Ecclestone poo-poos talks of F1 sale
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    It takes two to tango, and apparently Bernie Ecclestone is in no rush to lace up his dancing shoes. The F1 chief reportedly insists that, despite rumors of Rupert Murdoch and Carlos Slim joining forces to buy it out, the international motor racing series is not, in fact, for sale. CVC Capital, ...

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    Rumormill: Murdoch's News Corp considering Formula 1 takeover
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    You've probably heard the old saying that the best way to make a small fortune in Formula One racing is to start with a big fortune. The Telegraph in the UK is reporting that Rupert Murdoch's News Corp. may be looking to put that saying to the test, as the media empire is reportedly engaged in ...

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    ESPN: Bernie Ecclestone lashes out at the newbies, calls for cutting the grid back to 10
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    There are ways to make friends, and ways to make enemies. Telling several members of your party they're unwelcome is a sure way to the latter, but then, Bernie Ecclestone has never shied away from controversy. In his latest statement, the Formula One chief has indicated that the field should be ...

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    REPORT: Ecclestone backing breakaway GP1 series?
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    Bernie Ecclestone didn't get to be a billionaire by waiting for things to come his way. With the threat of a breakaway series seemingly very real once again, the man credited with making Formula 1 what it today is has apparently decided to make sure he is on it. F1 Live reports that last month, ...

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