bernie Archives - World of Speed

Avg52014 by Blaž ŠtremfeljNo Comments

Ecclestone paid 75 million for freedom

The trial of Bernie Eccleston, accused of bribery, ended after the head of Formula One reached an agreement with the state prosecutor's office and paid 75 million euros. Ecclestone, 83, was accused of paying a $ 33 million bribe to banker Gerhard Gribkowski. The Briton said that he paid the sum to Gribkowski, who is currently serving an eight-and-a-half-year prison sentence for receiving a bribe, only after he threatened to file a false report of tax evasion with the British authorities. The Attorney General has justified the settlement by saying Ecclestone has been around for years. If no agreement was reached, the Briton could face up to ten years in prison and lose control of Formula One.

Jul292014 by Blaž ŠtremfeljNo Comments

Ecclestone is offering 25 million for freedom

formula 1

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.

Mar192014 by Nika Štremfelj51 Comments

Ecclestone: The fuel rules are ridiculous

formula 1

Formula One boss Bernie Ecclestone described the fuel consumption rules as completely inconsistent with the spirit of the sport. “All the rules (on fuel consumption) seem ridiculous to me,” he said after the FIA stripped Red Bull racer Daniel Ricciard of second place from the Australian Grand Prix due to fuel irregularities. "We don't run endurance races. If something controls how much fuel you can use during a race, then it doesn't make sense for the rules to determine how much fuel you can have in the race car at the start of the race. If you use too much, you'll run out before the finish. to be so simple, isn’t it, ”Ecclestone summed up the thoughts of many viewers. The Briton reiterated that he did not like the new six-cylinder engines and reiterated that there was no need to

Feb112014 by Klemen BagaričNo Comments

Charity Formula 1

formula 1

At the Park Lane Hotel in London, a charity auction of various photos taken by world-renowned racers and team members took place earlier this month. The auction was attended by many celebrity guests, including Formula 1 director Bernie Ecclestone, Red Bull Racing team leader Christian Horner, BBC presenter Suzi Perry, 1 Formula 1996 world champion Damon Hill, and others. More than € 24.000 was raised at the auction for the Great Ormond Children's Hospital. Already one photo of legendary driver Michael Schumacher sold for more than € 3.000, so the amount was rising rapidly. Photographs taken by Sebastian Vettel, Lewis Hamilton, Mark Webber, Fernardo Alonso, all taken in the 2013 season, were also sold for good purposes. Among the photos were seven Niko

Dec52013 by Blaž Štremfelj66 Comments

Ferrari is deciding on Eccleston’s successor

formula 1

Bernie Ecclestone has revealed that Ferrari has the option to veto a decision on his successor as head of Formula One. The 83-year-old Briton has owned Formula One commercial rights since 1978, and in recent weeks has revealed that he wants his current job to be taken over by current Red Bull boss Christian Horner. In an interview with CNN, Ecclestone revealed that Horner would not be supported by CVC anyway, while Ferrari would oppose the choice. The key to this is hidden in the business plan of the currently stopped stock exchange flotation of Formula One shares. "Before appointing a new boss, we must obtain the written permission of Ferrari if the candidate has held an executive position for the last five years or has been a co-owner of at least a five percent share of any team in the form