May 14, 2013, 2:11 PM EDT
Bernie Ecclestone is set to find out whether he will face charges over allegedly paying a bribe to a German banker.
Prosecutors in Germany say they have completed their investigations into Ecclestone’s dealings with former BayernLB banker Gerhard Gribkowsky and will reveal their findings soon.
Ecclestone is alleged to have paid $44m to Gribkowsky in connection with the sale of F1 to current owners CVC Capital Partners in 2006.
Ecclestone claims the money was paid to keep Gribkowsky from making false allegations about Ecclestone’s family trust which could lead to an investigation by the British tax authorities.
Five days ago Gribkowsky abandoned his plans to appeal the eight-and-a-half year jail term he was sentenced to last June for his part in the deal.
Gribkowsky was originally arrested in January 2011 and was put on trial the following October. When he was found guilty the judge ruled Ecclestone had been the “driving force” behind the payments.
Ecclestone said in December it is possible he would have to resign his position as F1 boss if he were to face charges.
The Formula One boss is fighting a related case with Bluewater Communication Holdings who claim Ecclestone cost them $650 million due to the Gribkowsky deal.
Chase Elliott keeps winning, but he’s not finished capturing checkered flags this season by any stretch
Jul 22, 2014, 1:38 AM EDT
With the third win of his rookie Nationwide Series career, Chase Elliott continued to make it look easy in this past Saturday night’s EnjoyIllinois.com 300 at Chicagoland Speedway.
Jul 21, 2014, 8:05 PM EDT
For Wallace and his Truck Series rivals, racing on dirt presents a different set of challenges – and thus requires a different way to train.
Jul 21, 2014, 7:01 PM EDT
In a satellite radio interview, France shared his thoughts on the consortium of NASCAR’s most powerful teams.
Jul 21, 2014, 6:02 PM EDT
Jack Hawksworth will co-drive the No. 08 Prototype Challenge car for RSR Racing in Friday’s IMSA event on the Indianapolis Motor Speedway road course.
Jul 21, 2014, 5:10 PM EDT
Between his Eldora Speedway hosting the Truck Series and then competing at Indianapolis this weekend in Sprint Cup, Stewart’s in the middle of a busy week.
Jul 21, 2014, 3:45 PM EDT
All the notes and numbers to keep in mind for NASCAR’s visit to Indianapolis Motor Speedway.
Jul 21, 2014, 3:00 PM EDT
One last bit of fun for Hamlin, Ricky Stenhouse Jr., and Michael Waltrip before the Sprint Cup Series returns to action at Indianapolis.
Jul 21, 2014, 2:15 PM EDT
Indianapolis Motor Speedway delivers a bizarre take on the classic “Sunday! Sunday! Sunday!” ads.
Jul 21, 2014, 1:30 PM EDT
Writer’s Note: The following is a recap of this weekend’s TORC: The Off-Road Championship races from Bark River, Michigan. NBCSN will air the races on Sun., Aug. 3, at 1:30 p.m. ET. If you don’t want to know who won until then, we suggest you find another post to read here on MotorSportsTalk…
Jul 21, 2014, 1:00 PM EDT
Chevrolet dominates the results sheet for IndyCar in Toronto.
Jul 21, 2014, 12:30 PM EDT
Writer’s Note: The following is a recap of this weekend’s Pirelli World Challenge races from the streets of Toronto. NBCSN will broadcast the Toronto races on Sunday, Aug. 10, at 1:30 p.m. ET. If you don’t want to know who won until then, we suggest you find another post to read here on MotorSportsTalk…
Jul 21, 2014, 12:00 PM EDT
Quartet of Hondas could have stolen the second of the Honda Indy Toronto races if not for the final red flag.
Jul 21, 2014, 11:00 AM EDT
Podiums and successful damage limitation pay dividends for Team Penske teammates Will Power and Helio Castroneves in Toronto.
Jul 21, 2014, 10:00 AM EDT
Opportunistic Mike Conway and Ed Carpenter Racing delivered on their opportunity to succeed once again in Toronto.
Jul 21, 2014, 9:30 AM EDT
Sebastien Bourdais is back to winning form in the Verizon IndyCar Series – and that’s a good thing for him and the series.
Jul 21, 2014, 8:00 AM EDT
Stewards deem it to be a racing incident, but Massa is less than impressed by Magnussen’s move.
Jul 21, 2014, 7:00 AM EDT
German driver continues his points scoring streak on home soil.
NHRA finals at Bandimere: Robert Hight over John Force in Funny Car, J.R. Todd wins first Top Fuel race since 2008
Jul 21, 2014, 12:32 AM EDT
If you’re an NHRA Funny Car fan and weren’t able to attend in person, suffice to say it was a heck of a battle in Sunday’s finals of the Mopar Mile-High Nationals at Bandimere Speedway in suburban Denver.
Todd Gilliland, 14, outdistances father David, grandfather Butch in first time they’ve all raced together
Jul 20, 2014, 10:48 PM EDT
Todd Gilliland has learned virtually everything he knows about racing from his father, Sprint Cup driver David Gilliland, and grandfather and dominating former west coast racer Butch Gilliland.
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- Eldora and Indy putting a lot on Tony Stewart’s plate 0
- Todd Gilliland, 14, outdistances father David, grandfather Butch in first time they’ve all raced together 0
- Conway bags second Toronto win thanks to pit gamble, great restart (VIDEO) 4
- German GP Paddock Notebook – Sunday 1