Ecclestone is offering 25 million for freedom

Author of the article: , published July 29, 2014.

Formula One boss Bernie Ecclestone has offered 25 million euros in exchange for dropping the lawsuit against him, his lawyers say. Ecclestone, who is accused of bribery, has a very difficult time withstanding the entire trial, so he wants to end it as soon as possible. This is expected to last at least until October.

The 83-year-old Briton allegedly paid a bribe of almost 2006 million euros in 33, before the sale of Formula One commercial rights to the current owners, CVC Capital Partners, an employee of the German bank BayernLB, Gerhard Gribkowsky. Gribkowsky was convicted and is currently serving a six-month prison sentence, and Ecclestone has claimed from the outset that ad is innocent and that he essentially paid a ransom because Gribkowsky allegedly blackmailed him.

Photos: F1

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