Formula One: Ecclestone quizzed by prosecutors
Formula One boss questioned during investigation into irregular payments during sale of commercial rights.
BERLIN:
Formula One boss Bernie Ecclestone has been questioned by state prosecutors in Munich, as part of an investigation into irregular payments made during the sale of the sport’s commercial rights.
Ecclestone was quizzed on April 6 as part of the investigation into payments worth $50m made to a German banker during Formula One’s commercial rights sale five years ago.
Ecclestone’s questioning came after the arrest in January of Gerhard Gribkowsky, the boss of Bavarian bank BayernLB, which had a stake in Formula One up until 2006.
Published in The Express Tribune, April 17th, 2011.
Formula One boss Bernie Ecclestone has been questioned by state prosecutors in Munich, as part of an investigation into irregular payments made during the sale of the sport’s commercial rights.
Ecclestone was quizzed on April 6 as part of the investigation into payments worth $50m made to a German banker during Formula One’s commercial rights sale five years ago.
Ecclestone’s questioning came after the arrest in January of Gerhard Gribkowsky, the boss of Bavarian bank BayernLB, which had a stake in Formula One up until 2006.
Published in The Express Tribune, April 17th, 2011.