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.
Oct 2, 2014, 12:05 AM EDT
Graham Rahal ends P19 after a tough season, but he was better than the stats would indicate.
Oct 1, 2014, 11:59 PM EDT
Roberto Merhi and Will Stevens to run in FP1 at Suzuka.
Oct 1, 2014, 11:35 PM EDT
Results and statistics don’t tell the tale for Takuma Sato’s hard-luck 2014 IndyCar season.
Oct 1, 2014, 10:57 PM EDT
Jack Hawksworth overachieved in his first Verizon IndyCar Series season.
Oct 1, 2014, 7:00 PM EDT
Carl Edwards and Kasey Kahne check in on the Contender round of the new Chase format.
Oct 1, 2014, 6:00 PM EDT
Jimmie Johnson not a fan of the “under the radar” terminology.
Oct 1, 2014, 5:15 PM EDT
A P2 penalty issued to No. 20 NASCAR Truck team upheld after appeal.
Oct 1, 2014, 4:30 PM EDT
Bailiffs seize goods at Leafield, but Caterham issues a statement saying that it is business as usual.
Oct 1, 2014, 3:17 PM EDT
Wednesday’s edition of NASCAR America goes in-depth with all 12 drivers in Round 2 of the Chase for the Sprint Cup, also known as the Contenders Round.
Report: Australian-owned team, driver and sponsor to debut in NASCAR Camping World Truck Series in 2015
Oct 1, 2014, 2:10 PM EDT
While Marcos Ambrose is returning to his native Australia after this season, a new Australian-owned team is set to make its debut in the NASCAR Camping World Truck Series next season, complete with an Australian-born driver and Aussie primary sponsor.
Oct 1, 2014, 1:53 PM EDT
Bill Elliott figured real estate would be a good investment many years ago, and did that belief ever pay off for the soon-to-be NASCAR Hall of Famer.
Oct 1, 2014, 1:28 PM EDT
Kawasaki officially announced that reigning supercross champion Ryan Villopoto will head to Europe next year to race the MXGP series. Davi Millsaps and Wil Hahn will replace him on the American Monster Energy Kawasaki team.
Oct 1, 2014, 1:08 PM EDT
He’s reached the fourth round of Dancing With The Stars, but will NASCAR’s Michael Waltrip and partner Emma Slater make it to the fifth round?
Oct 1, 2014, 11:15 AM EDT
Jeff Gordon is now just three top-10 finishes away from tying Mark Martin for second most top-10s in a career. And in an ironic twist, Gordon is still seeking his first pole at this Sunday’s race venue, Kansas Motor Speedway.
Oct 1, 2014, 10:33 AM EDT
More details revealed ahead of Honda’s return to F1 in 2015 with McLaren.
Oct 1, 2014, 10:25 AM EDT
Clint Bowyer’s officially a father.
Oct 1, 2014, 10:16 AM EDT
Veteran NASCAR crew chief Mike Ford has joined Athenian Motorsports, the Nationwide Series team announced Wednesday.
Oct 1, 2014, 9:59 AM EDT
Sauber confirms that her testing programme has been scrapped due to “financial reasons”.
Sep 30, 2014, 8:00 PM EDT
“Driver 88″ discusses his performance issues in the Challenger Round with NASCAR AMERICA’s Rick Allen.
Sep 30, 2014, 7:00 PM EDT
How do you prepare for two races and then a free-for-all at Talladega? Rick Allen and Kyle Petty of NASCAR AMERICA discuss.
Video from NASCAR America
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