F1, Bribes and Bankers
Ex-BayernLB Banker Gerhard Gribkowsky was jailed for over eight years recently for taking £23 million from Bernie Ecclestone. Bernie said to the Presiding judge Peter Noll that he had paid Gribkowsky to try and avoid a very costly tax investigation. He denied that the money was a bribe, and said he is expecting to be [...]
Monaco Safe For Another 10 Years
The Formula One Administration has announced that it has reached an agreement with the Automobile Club de Monaco for the Monaco Grand Prix to remain on the calendar for the next 10 years. Bernie Ecclestone previously suggested F1 did not need Monaco, saying: “We can do without Monaco, they don’t pay enough.” Monaco first hosted a race [...]
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