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.
Jul 31, 2015, 6:39 PM EDT
Jamin, Cooper emerge victorious to kick off the weekend at Mid-Ohio.
Jul 31, 2015, 5:00 PM EDT
Nasr calls on the team to make it through a rough patch ahead of the next raft of updates in Belgium.
Jul 31, 2015, 4:35 PM EDT
The Mid-Ohio dominator tops Friday practice in 2015.
Jul 31, 2015, 3:00 PM EDT
Verstappen joins Team Redline’s sim racing roster in a bid to keep sharp when not on the track.
Jul 31, 2015, 2:57 PM EDT
Some news and notes from the paddock at the Mid-Ohio Sports Car Course.
Jul 31, 2015, 2:00 PM EDT
We round up all of the latest news and developments in Formula E ahead of pre-season testing next month.
Jul 31, 2015, 1:00 PM EDT
With victory in Hungary, Vettel closed the gap at the top to 42 points – but can he catch Lewis Hamilton and challenge for a fifth world title?
Jul 31, 2015, 12:07 PM EDT
First blood to Bourdais in practice at Mid-Ohio ahead of Power and Newgarden.
Jul 31, 2015, 10:24 AM EDT
Hinchcliffe’s recovery continues following his accident in practice for the Indy 500 back in May.
Jul 31, 2015, 9:30 AM EDT
Gutierrez claims his work in a reserve role at Ferrari is helping to open up some new opportunities for 2016.
Jul 31, 2015, 8:42 AM EDT
Josef Newgarden’s future will become a talking point at some stage, but it appears it will be after the season.
Jul 31, 2015, 7:26 AM EDT
Umphrey’s McGee on a GTSport Racing Porsche Cayman S? Believe it.
Jul 31, 2015, 7:00 AM EDT
TV times from Mid-Ohio this weekend.
Jul 30, 2015, 5:11 PM EDT
Discounted tickets set to go on sale this Friday in a bid to improve attendance figures.
Jul 30, 2015, 4:48 PM EDT
Derrick Walker on the prowl for whatever’s next in his long racing career.
Jul 30, 2015, 3:30 PM EDT
Despite running fifth in the standings with three races to go, Power hasn’t given up on retaining the no. 1 for 2016.
Jul 30, 2015, 2:22 PM EDT
The 2016 F1 season is set to swell to a record 21 races.
Jul 30, 2015, 12:30 PM EDT
Ericsson reflects on his first half-season with Sauber that has brought his first points in F1, but also presented some missed opportunities.
Jul 30, 2015, 12:22 PM EDT
Derrick Walker to resign from INDYCAR at year’s end.
Jul 30, 2015, 11:30 AM EDT
With seven races at Mid-Ohio Sports Car Course this weekend, it’s an important one for the entire Mazda Road to Indy.
- Dixon fastest on Friday at Mid-Ohio 0
- Hinchcliffe undergoes final surgery, now “can’t wait to be strapping back in” 1
- With 2016 plans undetermined, Newgarden focused on finishing 2015 strong 0
- Racing, music blend as Umphrey’s McGee partners with GTSport Racing for rest of 2015 PWC season 1
- Exploring what’s next for Derrick Walker as he announces he’s leaving IndyCar 0
- INDYCAR announces Derrick Walker has resigned from series 9
- Preview: Honda Indy 200 at Mid-Ohio critical in IndyCar title chase 1