May 20, 2013, 10:00 AM EDT
Bernie Ecclestone has rubbished the charges of bribery being levelled at him in Germany.
Ecclestone told his biographer Tom Bower in an interview for the Sunday Times: “I still don’t know what the German prosecutors think.”
“I wish I was guilty – it would be much easier,” he added. “The charges are a complete load of rubbish.”
A German court is investigating allegations Ecclestone bribed banker Gerhard Gribkowsky in 2006. Gribkowsky was convicted for taking the bribe last year and the court is set to announce its findings on Ecclestone, which could have major ramifications for Formula One.
Ecclestone told the newspaper: “I’m innocent.”
“I’m British, I pay my taxes and, in the end, the truth will come out.”
Ecclestone says he made payment to Gribkowsky to prevent him making false claims about his business affairs which could attract the attention of the British tax authorities.
“I offered him £11m ($16.71),” Ecclestone admitted. “I would save over £2bn ($3.04bn) in taxes, so it was cheap. Gerhard said he’d settle for £50m ($75.97): the final deal with £44m ($66.85).”
Ecclestone testified at Gribkowsky’s trial (pictured) during which Andre Favre, an aide of Ecclestone’s, said he was told to pay $5m to Gribkowsky “using a special company so his name wouldn’t appear”.
Video from NASCAR America
- 16-year-old Cole Custer becomes youngest-ever winner of NASCAR national series race 0
- F1 Qualifying Analysis: Missed opportunities allow Hamilton to rule again 0
- Tyler Clary hopes to go from Olympic gold medal swimmer to NASCAR driver 0
- Hamilton snatches Singapore pole away from Rosberg 0
- Fernando Alonso closes out practice in Singapore fastest 0
- Brad Keselowski wins pole for Sunday’s Chase race at New Hampshire 0
- F1 Friday Analysis: Is Lewis the man to beat? 0