Is the Formula One of today the same as it was a decade ago? And what is in it for the pilots themselves? In today’s show we have not one but two special guests. Bernie Ecclestone, the head of Formula One talks with Sophie Shevardnadze.
By Max Huijgen.
The old mogul Bernie Ecclestone has been on trial for bribery together with a German banker Gerhard Gribkowsky. If he is convicted Mercedes will almost certainly have to leave F1.
The German received $44 million dollar from Ecclestone to make sure tax details didn´t leak to the UK government. CVC, Bernie´s investment company avoided a mind-boggling $3.1- (€2.4-) billion in taxes thanks to this German.. If convicted, Bernie Ecclestone could serve up to 10 years in prison.
Mercedes code of conduct is very firm on ethical behavior and bribery and Mercedes extends this to its business partners. Their own statues will force them to withdraw from F1 leaving two teams without an engine and the field without Mercedes.
At this moment closing arguments are given in the case. Photo depicts Ecclestone´s daugher rolling in money.
tnx to +Nico Gerrits for the tip.
It was March 1 but it could have been April 1, a date known as “April Fool’s Day” in some parts of the world, a silly spot on the calendar when pranks and hoaxes and merry japery are to be expected.
Bernie Ecclestone, the chief executive of Formula One, was quoted on the organisation’s website as suggesting F1 could boost excitement at its races by “making rain”.
Go on, Bernie. You love to wind us up!
No, really. F1’s 80-year-old boss apparently believes that into every race a little rain must fall.