German prosecutors set to charge Ecclestone

Bernie Ecclestone, Indian Grand Prix, Buddh International Circuit, Greater Noida, New Delhi, India, Race, Sunday 28 October 2012.Nov.24 (GMM) Formula One supremo Bernie Ecclestone has warned that his demise and exit from the sport could have serious repercussions for F1, as Switzerland’s Blick reports that German prosecutors could announce their intention to charge the F1 chief executive with bribery as early as next week.

And the Suddeutsche Zeitung newspaper said that British tax authorities are also closing in on the diminutive Briton.

It has been suggested the corruption scandal could cost Ecclestone – who although 82 years old is still apparently fit and healthy – his job at the helm of the sport.

But Ecclestone told business journalist Christian Sylt his departure could have serious consequences for F1.

“One day, I’m not going to be there and one of the biggest problems is I’ve got really, really good relationships with the race promoters,” he is quoted by the Independent.

“A few of them said to me, ‘if you’re not there, we’re not there’. That’s what the danger is,” said Ecclestone.

Subbed by AJN.

  • To Jail for Bernie

    Bernie is a corrupt little man who has caused far more trouble then he has ever helped anyone.

    Look at how he is always causing trouble for new tracks saying how they are not going to make it which only causes backers to step back which ends up hurting the new track. How many times did Bernie put down COTA yet here it is a world class track.

    Bernie does this stuff to extort money from promoters.

    Bernie’s ego is what has got him and he is going to end up in jail for the rest of his life. I am only sorry it did not happen years ago.

    Formula One will be better without this miserable little man.

    I hope who ever takes over stops moving Formula One into the middle east and brings it back to where it belongs. I also hope whoever takes over can put the breaks on these teams that spend 300 million dollars a year like RedBull, Ferrari and McLaren. There is no reason that we can’t have great racing with team budgets set at no more then 100 million a year. As for the drivers they need to get real with their wages as well. These 20 and 30 million a year to drive a car around a race track is just stupid.

    Everything in life is dangerous. More people die driving road cars then race cars. People die in other occupations that barely make enough money to support their families. Time to gets things back in perspective.

  • michaelprescottmacarthur

    Bernie: you should be taking lessons from American politicians. Here there is no such thing as a bribe. it’s called Lobbying and consulting.